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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
Housing Overview
Median Home Value
$135,600
52% below
US avg: $281,900
Median Rent
$881/mo
24% below
US avg: $1,163/mo
Homeownership Rate
59.5%
9% below US avg (65.4%)
Total Housing Units
356
Median year built: 1961
Home Value by Source
Census Median
$135,600
Zillow (ZHVI)
$184,189
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.5%
Owner-Occupied
40.5%
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:
$881/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
59.5%
Complete Housing Data
Home Values
| Census Median Value | $135,600 |
| Zillow Home Value (ZHVI) | $184,189 |
Rent
| Census Median Rent | $881 |
| 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 | 59.5% |
| Renter-Occupied | 40.5% |
| Homeownership Rate | 59.5% |
| Total Housing Units | 356 |
| Median Year Built | 1961 |
| Rent Burden | 51.0% |