Gorham, IL (62940) is an unincorporated community situated in the far southeastern tip of Gallatin County, Illinois. The small town is known for its rural environment and abundance of recreational activities. The city has a total population of just under 500 people and is known for its close-knit community. In terms of bestplaces rankings, Gorham, IL (62940) ranks highly in areas such as diversity index, housing costs, cost of living, median home value and median household income. Diversity index reflects the high level of cultural understanding among residents in the area while housing costs are relatively low compared to other areas in the same region. Cost of living also remains well below other cities in the region which helps keep property values and taxes low. Median home value stands at around $60,000 and median household income hovers around $45,000 making it a great place to live and work.
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