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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 $184,189 Zillow
$881 Median Rent 51.0% income on rent
50°F Avg Temperature 275 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$53,958 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$135,600 home value, $881/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.8 / 5.0
22.8% bachelor's degree or higher

Income Overview

Median Household Income
$53,958
28% below
US avg: $75,149
Per Capita Income
$27,211
30% below
US avg: $39,052
Unemployment Rate
4.6%
28% above
US avg: 3.6%
Poverty Rate
17.8%
44% above
US avg: 12.4%

Income Comparison: Hopedale vs. U.S. Average

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

Median Household
US: $75,149
$53,958
72%
Per Capita
US: $39,052
$27,211
70%
IRS Avg AGI
US: $72,000
$79,430
110%
Avg Weekly Wage
US: $1,432
$1,079
75%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,079
25% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
5.9%
61% below US avg (15.2%)
Drive Alone
78.3%
7% above US avg (73.2%)
Public Transit
0.7%
86% below US avg (5.0%)
County GDP
$7,835M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.3%
Public Transit 0.7%
Work From Home 5.9%
Other 15.1%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,560
Restaurants
304
Healthcare
285
Retail
380
Manufacturing
118

Tax & Financial

IRS Avg Adjusted Gross Income
$79,430
10% above US avg ($72,000)
Avg Property Tax
$6,627
89% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$53,958
Per Capita Income$27,211
IRS Avg Adjusted Gross Income$79,430
Avg Weekly Wage$1,079
County GDP$7,835M

Hardship Indicators

Unemployment Rate4.6%
Poverty Rate17.8%
Gini Coefficient0.417
Cost of Living Index100.0

Commute

Mean Commute25 minutes
Drive Alone78.3%
Public Transit0.7%
Work From Home5.9%

Businesses

Total Establishments2,560
Restaurants304
Healthcare285
Retail380
Manufacturing118

Tax

IRS Avg AGI$79,430
Avg Property Tax$6,627