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Housing in Gold Hill

A typical Gold Hill home is worth roughly $87,000

Typical home value
$87K
IL $298K
Estimate
2-bedroom rent
$940
a month, utilities in · HUD
Median tax bill
$1,644
IL $5,298

What kind of housing town is Gold Hill?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.7 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$171,000
Typical Gold Hill home $87K

That covers a typical Gold Hill home, with $84K to spare.

The typical home, each month
$590
Loan $430Tax $140Insurance $30

A two-bedroom rents for about $940 a month here, $350 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Gold Hill’s typical property tax (1.90% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $940

Renters already here pay a median of $475, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$650
1 bedroom$720
2 bedrooms$940
3 bedrooms$1,130
4 bedrooms$1,350
39%
of households rent · IL 33%
152
renter households
13%
of renters spend 30%+ of income on rent · IL 48%
22%
of the median income, for a two-bedroom
$475
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Gallatin County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

61% of Gold Hill households own their home

Half of Gold Hill’s homes were built before 1971.

Owners and renters
Own 61%Rent 39%

Illinois: 67% own.

1971
typical home built · IL 1971
$1,644
median property tax bill · IL $5,298
1.90%
of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Gold Hill vs. its neighbors

Gold Hill is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Gold Hill$87K*—$940$50,481
Equality$85K*—$940$60,779
Ridgway$85K*—$950$51,667

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Gold Hill buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Gold Hill still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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