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Hamilton, IL

Full City Profile · Illinois · Hancock County County

3.1 /5.0
B Good
2,738 Population 769/sq mi density
$53,487 Median Income $36,009 per capita
$105,600 Home Value $120,751 Zillow
$888 Median Rent 32.9% income on rent
52°F Avg Temperature 275 sunny days/yr
129 Violent Crime/100K 129 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$53,487 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$105,600 home value, $888/mo rent
F
Safety
1.0 / 5.0
129 violent crimes/100K
C+
Education
2.8 / 5.0
22.7% bachelor's degree or higher

Housing Overview

Median Home Value
$105,600
63% below
US avg: $281,900
Median Rent
$888/mo
24% below
US avg: $1,163/mo
Homeownership Rate
72.2%
10% above US avg (65.4%)
Total Housing Units
1,270
Median year built: 1963

Home Value by Source

Census Median
$105,600
Zillow (ZHVI)
$120,751
Median Sale Price
$50,000
Median List Price
$75,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.2%
Owner-Occupied
27.8%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$632/mo
1 Bedroom
$727/mo
2 Bedroom
$916/mo
3 Bedroom
$1,274/mo
4 Bedroom
$1,308/mo
Census median rent: $888/mo

Market Indicators (Redfin)

Median Days on Market
126 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$37
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
32.9%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
72.2%

Complete Housing Data

Home Values

Census Median Value$105,600
Zillow Home Value (ZHVI)$120,751
Median Sale Price$50,000
Median List Price$75,000
Price Per Sq Ft$37

Rent

Census Median Rent$888
FMR Studio$632
FMR 1-Bedroom$727
FMR 2-Bedroom$916
FMR 3-Bedroom$1,274
FMR 4-Bedroom$1,308

Market

Days on Market126
Sale-to-List Ratio0.8%
Price Drops0.0%
Homes Sold1
Active Inventory6
Price Per Sq Ft$37

Ownership & Stock

Owner-Occupied72.2%
Renter-Occupied27.8%
Homeownership Rate72.2%
Total Housing Units1,270
Median Year Built1963
Rent Burden32.9%