Bowen, IL
Full City Profile · Illinois · Hancock County County
3.5
/5.0
B+
Good
710
Population
1,651/sq mi density
$70,263
Median Income
$23,504 per capita
$74,400
Home Value
$104,536 Zillow
$539
Median Rent
14.8% income on rent
53°F
Avg Temperature
275 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$70,263 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$74,400 home value, $539/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.3 / 5.0
16.0% bachelor's degree or higher
Housing Overview
Median Home Value
$74,400
74% below
US avg: $281,900
Median Rent
$539/mo
54% below
US avg: $1,163/mo
Homeownership Rate
85.6%
31% above US avg (65.4%)
Total Housing Units
223
Median year built: 1956
Home Value by Source
Census Median
$74,400
Zillow (ZHVI)
$104,536
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.6%
Owner-Occupied
14.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$539/mo
Affordability & Housing Stock
Rent Burden
14.8%
of renters spending 30%+ of income on housing
52% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
85.6%
Complete Housing Data
Home Values
| Census Median Value | $74,400 |
| Zillow Home Value (ZHVI) | $104,536 |
Rent
| Census Median Rent | $539 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 85.6% |
| Renter-Occupied | 14.4% |
| Homeownership Rate | 85.6% |
| Total Housing Units | 223 |
| Median Year Built | 1956 |
| Rent Burden | 14.8% |
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