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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
86%
14%
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-Occupied85.6%
Renter-Occupied14.4%
Homeownership Rate85.6%
Total Housing Units223
Median Year Built1956
Rent Burden14.8%