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Elvaston, IL

Full City Profile · Illinois · Hancock County County

2.8 /5.0
C+ Fair
185 Population 231/sq mi density
$30,625 Median Income $16,095 per capita
$70,800 Home Value $120,751 Zillow
52°F Avg Temperature 275 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$30,625 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$70,800 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
F
Education
1.4 / 5.0
4.7% bachelor's degree or higher

Housing Overview

Median Home Value
$70,800
75% below
US avg: $281,900
Homeownership Rate
81.6%
25% above US avg (65.4%)
Total Housing Units
92
Median year built: 1938

Home Value by Source

Census Median
$70,800
Zillow (ZHVI)
$120,751
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.6%
Owner-Occupied
18.4%
Renter-Occupied
82%
18%
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

Affordability & Housing Stock

Rent Burden
33.9%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
81.6%

Complete Housing Data

Home Values

Census Median Value$70,800
Zillow Home Value (ZHVI)$120,751

Rent

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-Occupied81.6%
Renter-Occupied18.4%
Homeownership Rate81.6%
Total Housing Units92
Median Year Built1938
Rent Burden33.9%