Hennepin, IL
Full City Profile · Illinois · Putnam County County
4.0
/5.0
A
Great
790
Population
149/sq mi density
$78,594
Median Income
$39,049 per capita
$166,700
Home Value
$223,659 Zillow
$836
Median Rent
29.1% income on rent
51°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
A
Economy
4.1 / 5.0
$78,594 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$166,700 home value, $836/mo rent
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher
Housing Overview
Median Home Value
$166,700
41% below
US avg: $281,900
Median Rent
$836/mo
28% below
US avg: $1,163/mo
Homeownership Rate
78.0%
19% above US avg (65.4%)
Total Housing Units
334
Median year built: 1969
Home Value by Source
Census Median
$166,700
Zillow (ZHVI)
$223,659
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.0%
Owner-Occupied
22.0%
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:
$836/mo
Affordability & Housing Stock
Rent Burden
29.1%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
78.0%
Complete Housing Data
Home Values
| Census Median Value | $166,700 |
| Zillow Home Value (ZHVI) | $223,659 |
Rent
| Census Median Rent | $836 |
| 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 | 78.0% |
| Renter-Occupied | 22.0% |
| Homeownership Rate | 78.0% |
| Total Housing Units | 334 |
| Median Year Built | 1969 |
| Rent Burden | 29.1% |