States · Illinois · Iroquois County

Gilman, Illinois.

Typical home $152,516 (-0.8% in a year).

What it costs per month · Gilman $801/mo

to buy the typical home at today's mortgage rate — +$391 (+95%) since Jan 2020.

What the home itself did
1 year
Down $1,227 -1%
$153,743$152,516 since Sep 2025
5 years
Up $25,820 +20%
$126,696$152,516 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Gilman $801 Illinois $1,553 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Gilman$801
  • Illinois$1,553
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 19 years.

Typical home values in Gilman, IL fell 0.8% over the past year — slower than the nation's +1.2%.

Living in Gilman, Iroquois County, Illinois

Gilman is a city of 1,738 people in Iroquois County. Half its households earn more than $70,750 a year and half less, against $66,255 across Iroquois County; 6% of its people live below the poverty line. 79% of its homes are lived in by their owners and 21% are rented. Unemployment in Iroquois County was 3.9% in August 2026, and the county had 4.8% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.

People 1,738 in the 2020 census; median age 41.8
Household income $70,750 the median, give or take $6,098 · Iroquois County: $66,255
Unemployment 3.9% Iroquois County, August 2026; 4.8% a year before
Homes 79% lived in by their owners; 21% rented

Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Gilman is a small city in Iroquois County where most homes are lived in by their owners, a good deal more than in many places. Incomes run a little above the county's, and fewer residents live below the poverty line than you might expect. The median resident is somewhat older than the typical American, and relatively few adults hold a four-year degree. Winters are cold and snowy, with January the coldest month, while July brings warm summer days, and precipitation falls steadily through the year.

Work. Residents work mostly in schools, hospitals and social care, with manufacturing, restaurants and hotels, and transport and warehousing also providing jobs. The largest workplaces in Gilman include Iroquois West CUSD 10, Gilman Healthcare Center and Iroquois Special Education Schools. Most people commute some distance to work, and very few work from home. Across Iroquois County, unemployment has eased over the past year, though the county has fewer jobs than it did the year before.

Things to do. For time outdoors, the Iroquois River is a longer drive away, as is Bayles Lake, a reservoir. Also a longer drive away is the Kankakee National Wildlife Refuge and Conservation Area, a protected area that suits anyone who enjoys watching birds and wildlife.

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  • 663households
  • 16%of adults have a degree
  • 6%below the poverty line
  • 27 mintypical commute
  • 4%work from home

What residents work in

  • Schools, hospitals and social care33%
  • Manufacturing16%
  • Restaurants, hotels and entertainment10%
  • Transport, warehouses and utilities8%
  • Building trades8%
  • Shops (retail)6%

Employed residents by industry, from the Census survey. Iroquois County had 7,015 jobs in 2025, 4.8% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 35° and 16°; warmest in July, 88° and 63° 20° 40° 60° 80° J 35° 16° F M A M J J 88° 63° A S O N D
Average daily high and low for each month: coldest in January, 35° and 16°; warmest in July, 88° and 63° 20° 40° 60° 80° J 35° 16° F M A M J J 88° 63° A S O N D

Coldest in January, with highs near 35° and lows near 16°; warmest in July, with highs near 88° and lows near 63°. About 25 inches of snow and 44 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Piper City weather station, 10 miles away (NOAA).

Largest workplaces in Gilman

  1. Iroquois West CUSD 10School district166FTE
  2. Gilman Healthcare CenterSkilled nursing facility74
  3. Iroquois Special Education SchoolsSchool district21FTE

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1 workplace with 20 or more staff, 74 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Cold wavesVery high
  2. Inland floodingRelatively high
  3. HailRelatively moderate
  4. Strong windRelatively moderate
  5. TornadoesRelatively moderate
  6. LightningRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Gilman’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Iroquois County.

Gilman home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 Gilman $152,516 Illinois $295,943 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • Gilman$152,516
  • Illinois$295,943
  • United States$366,157
Property tax, 2026 roll $2,288/yr median bill inside Gilman, effective 1.07% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

5 8 10 12 2024 2025 2026 Gilman 10
5 8 10 12 2024 2025 2026
  • Gilman10

New listings per month

Sellers arriving at the market.

Not enough data to draw this yet.

Zip codes with a Gilman address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Gilman — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Gilman