Gilman, Illinois.
Typical home $152,516 (-0.8% in a year).
to buy the typical home at today's mortgage rate — +$391 (+95%) since Jan 2020.
- 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.
- 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.
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 It can be wrong or out of date.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
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
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
- Iroquois West CUSD 10School district166FTE
- Gilman Healthcare CenterSkilled nursing facility74
- 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
- Cold wavesVery high
- Inland floodingRelatively high
- HailRelatively moderate
- Strong windRelatively moderate
- TornadoesRelatively moderate
- 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.
- Gilman$152,516
- Illinois$295,943
- United States$366,157
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.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- 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.