Hopedale, IL

Full City Profile · Illinois · Tazewell County County

3.4 /5.0
B Good
742 Population 834/sq mi density
$53,958 Median Income $27,211 per capita
$135,600 Home Value $199,424 Zillow
$881 Median Rent 51.0% income on rent
52°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$53,958 median income, 8.8% unemployment
A+
Affordability
5.0 / 5.0
$135,600 home value, $881/mo rent
C+
Education
2.8 / 5.0
22.8% bachelor's degree or higher

Hopedale, IL

At a Glance

Median Income
$53,958
28% below
$27,211 per capita
Home Value
$135,600
52% below
Zillow: $199,424
Median Rent
$881/mo
24% below
51.0% of income on rent
Bachelor's Degree+
22.8%
32% below
92.6% high school+
Unemployment
8.8%
144% above
17.8% poverty rate
Obesity Rate
35.6%
11% above
13.1% smoking rate
Avg Temperature
52°F

How Hopedale Compares to the U.S. Average

Each bar shows Hopedale's value as a percentage of the national average (100% = U.S. avg)

Income
72%
Home Value
48%
Rent
76%
Poverty
144%
Bachelor's
68%
Unemployment
244%
Thin vertical line = U.S. national average (100%)

Is Hopedale a Good Place to Live?

B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Hopedale residents earn a median household income of $53,958 , which is 28% below the national average of $75,149. Per capita income is $27,211. The unemployment rate stands at 8.8% (144% above the U.S. rate of 3.6%). 17.8% of residents live below the poverty line. The area is home to 2,560 business establishments, including 304 restaurants.

Housing & Cost of Living

The median home value in Hopedale is $135,600 , 52% below the national median of $281,900. Zillow estimates the typical home at $199,424. Median rent is $881/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1961.

Education

22.8% of adults in Hopedale hold a bachelor's degree or higher (32% below the national average). 92.6% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Hopedale has an average annual temperature of 52°F (11°C). Winters average 25°F in January while summers reach 75°F in July. Annual precipitation totals 38.4 inches.

Data Overview

People

Population742
Median Age46.9 yrs
Density834/mi²
Male / Female45% / 55%
Foreign Born3.0%
Veterans6.2%

Economy

C
Median Income$53,958
Per Capita$27,211
Unemployment8.8%
Poverty17.8%
County GDP$7,835M
Avg Weekly Wage$1,079

Housing

A+
Home Value$135,600
Rent$881
Ownership59.5%
Zillow$199,424
Housing Units356
Rent Burden51.0%

Health

Obesity35.6%
Diabetes8.7%
Smoking13.1%
Heart Disease4.8%
Premature Death7,936/100K

Climate

Avg Temp52°F
Rain38.4 in/yr
Elevation628 ft

Education

C+
Bachelor's+22.8%
High School+92.6%
Graduate+7.6%
School Score5.9/10

Community

2024 VoteR 62% / D 36%
Commute25 min
Broadband80.4%
Internet Speed110 Mbps
EV Stations3
Libraries12

Did You Know?

The median home in Hopedale was built in 1961.
The nearest airport is General Downing - Peoria International (22 miles).
The Gini coefficient (income inequality) is 0.417 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
12.6% of the population has a disability.
Average internet download speed is 110 Mbps.
There are 304 restaurants in the area.
The county recorded 14 fatal vehicle crashes.