Gallatin County, Illinois: commercial real estate data.
Gallatin County, Illinois has a population of 4,819 across 323 square miles, down 5.3 percent since the 2020 census base. County output reached $172.5 m in 2024, 82 establishments operate here, and the SBA record carries 3 7(a) approvals worth $386,000.
113 sourced county values · tier FULL · 11 sections
Gallatin County
How many people live in Gallatin County
- Population4,819
- Households2,098
- Average household size2.30
- Median household income$59,219
- Median age46.7
- Median gross rent$541 per month
- Median owner-occupied home value$82,900
- Home value to household income1.4 times
- Annual rent as a share of median income11.0 percent
- Adults 25 and over with a bachelor degree or higher13.6 percent
- Adults 25 and over with a graduate degree5.1 percent
- Adults 25 and over3,545
- Population under 18986
- Share under 1820.5 percent
- Population 65 and over1,217
- Share 65 and over25.3 percent
- Working age population, 18 to 642,616
- Civilian labor force2,205
- Unemployment rate9.2 percent
- Labor force participation, adults 18 and over57.5 percent
- Rank by population among Illinois counties99th of 102
- Rank by population among US county-equivalents2912th
Gallatin County is the 99th largest of 102 Illinois counties by population. A median home costs 1.4 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 25.3 percent against 20.5 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Gallatin County
Is Gallatin County growing
- Population change since the 2020 census base-5.33 percent
- Census 2020 base population4,954
- Births, 202438
- Deaths, 202492
- Natural change, 2024-54
- Net domestic migration, 202435
- Net international migration, 20240
- Total net migration, 202435
- Cumulative net domestic migration, 2021 to 2024-65
- Rank by growth among US county-equivalents3005th
The county has lost 5.33 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Gallatin County
Where people moving to Gallatin County come from
- Tax returns filed by households arriving61
- People arriving, from those returns119
- Adjusted gross income arriving$2.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$43,557
- Largest single originGallatin County Non-migrants (1,712 households)
- Largest single destination (1,712 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Gallatin County Non-migrants | 1,712 | 3,497 | $119.5 m |
| Other flows - Same State | 39 | 83 | $1.8 m |
| Saline County | 22 | 36 | $876,000 |
The largest single source of arrivals is Gallatin County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Gallatin County
What the Gallatin County economy runs on
- County GDP, 2024$172.5 m
- County GDP, 2023$196.6 m
- GDP change, 2023 to 2024-12.2 percent
- GDP change over five years21.4 percent
- Rank by GDP among Illinois counties99th
- Rank by GDP among US county-equivalents2942nd
- GDP per resident$35,805
Output grew -12.2 percent in the latest year and 21.4 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Gallatin County
Who employs people in Gallatin County
- Covered employment, annual average874
- Establishments reporting125
- Average annual pay$51,088
- Average weekly wage$982
- Sector 11, employment110
- Sector 11, average annual pay$54,053
- Sector 48-49, employment109
- Sector 48-49, average annual pay$66,901
- Sector 21, employment54
- Sector 21, average annual pay$59,784
- Sector 31-33, employment42
- Sector 31-33, average annual pay$59,521
- Sector 81, employment29
- Sector 72, employment23
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 11 | 110 | 16 | $54,053 |
| Sector 48-49 | 109 | 9 | $66,901 |
| Sector 21 | 54 | 4 | $59,784 |
| Sector 31-33 | 42 | 5 | $59,521 |
| Sector 81 | 29 | 12 | $21,968 |
| Sector 72 | 23 | 7 | $15,281 |
| Sector 23 | 19 | 8 | $30,048 |
The largest sector is the biggest private employer group at 110 jobs, 12.6 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Gallatin County
What businesses operate in Gallatin County
- Establishments, all industries82
- Employment at those establishments538
- Annual payroll$29.4 m
- Establishments per 1,000 residents17.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Gallatin County
How much SBA lending happens in Gallatin County
- 7(a) approvals recorded3
- 7(a) gross approval dollars$386,000
- Average 7(a) approval$128,667
- Median 7(a) approval$136,000
- 10th percentile approval$100,000
- 90th percentile approval$150,000
- Largest single approval$150,000
- Jobs reported supported, 7(a)43
- Jobs per approval14.3
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals3
- Median 7(a) term186 months
- Share of loans on real estate terms, 240 months or longer33.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countFull-Service Restaurants (1)
- Most active lenderPeoples National Bank National Association (2)
- 504 approvals recorded1
- 504 gross approval dollars$825,000
- Average 504 approval$825,000
- Median 504 approval$825,000
- Distinct CDCs active1
- 504 jobs per approval3.0
- 504 jobs per million dollars approved3.6
- Most active CDCSmall Business Growth Corporation (1)
- 7(a) share of SBA approvals75.0 percent
- Combined SBA approval dollars$1.2 m
The average approval of $128,667 sits close to the median of $136,000, so lending here is fairly evenly sized rather than driven by a few large deals. 33.3 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Gallatin County
Do SBA loans in Gallatin County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure3
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gallatin County
Which parts of Gallatin County get the lending
- Places in the county with recorded lending3
- OMAHA, approvals1
- Equality, approvals1
- Ridgway, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| OMAHA | 1 | $100,000 |
| Equality | 1 | $136,000 |
| Ridgway | 1 | $150,000 |
OMAHA accounts for 1 approvals against 1 in Equality. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gallatin County
How big is Gallatin County
- Land area323 sq mi
- Rank by land area among Illinois counties88th of 102
- Width, east to west19 mi
- Height, north to south23.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land15
- Establishments per square mile0.25
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Gallatin County
What hazards affect Gallatin County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book8
- Of those, participating in the NFIP7
- NFIP participation rate87.5 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- The Building Permits Survey does not carry a 2024 record for this county.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Gallatin County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Gallatin County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population4,819
- Households2,098
- Average household size2.30
- Median household income$59,219
- Median age46.7
Common questions
Gallatin County questions, answered from the record.
How many people live in Gallatin County, Illinois?
4,819, in 2,098 households, ranking 99th of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Gallatin County growing?
The population has fallen 5.33 percent since the 2020 census base. In 2024 there were 38 births against 92 deaths, with net migration of 35. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Gallatin County?
$59,219. The median owner-occupied home is valued at $82,900, which is 1.4 times income, and median gross rent is $541 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Gallatin County?
82 establishments, employing 538 people with an annual payroll of $29.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Gallatin County?
Average annual pay is $51,088, or $982 a week, across 874 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Gallatin County?
3 7(a) approvals totalling $386,000 since FY2020, across 2 lenders, with a median approval of $136,000, plus 1 504 approvals worth $825,000. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Gallatin County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Gallatin County come from?
The largest single origin is Gallatin County Non-migrants, with 1,712 households. Arriving households report an average income of $43,557 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Gallatin County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Gallatin County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.