Hopewell, IL

Full City Profile · Illinois · Woodford County County

4.6 /5.0
A+ Excellent
538 Population 472/sq mi density
$105,000 Median Income $47,355 per capita
$185,700 Home Value $203,677 Zillow
53°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
5.0 / 5.0
$105,000 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$185,700 home value, /mo rent
B+
Education
3.9 / 5.0
35.8% bachelor's degree or higher

Hopewell, IL

At a Glance

Median Income
$105,000
40% above
$47,355 per capita
Home Value
$185,700
34% below
Zillow: $203,677
Bachelor's Degree+
35.8%
6% above
98.7% high school+
Unemployment
1.5%
58% below
0.0% poverty rate
Obesity Rate
37.2%
16% above
14.6% smoking rate
Avg Temperature
53°F

How Hopewell Compares to the U.S. Average

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

Income
140%
Home Value
66%
Poverty
0%
Bachelor's
106%
Unemployment
42%
Thin vertical line = U.S. national average (100%)

Is Hopewell a Good Place to Live?

A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Hopewell residents earn a median household income of $105,000 , which is 40% above the national average of $75,149. Per capita income is $47,355. The unemployment rate stands at 1.5% (58% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 803 business establishments, including 56 restaurants.

Housing & Cost of Living

The median home value in Hopewell is $185,700 , 34% below the national median of $281,900. Zillow estimates the typical home at $203,677. The cost of living index is 100.0 (100 = national average). The median home was built in 1980.

Education

35.8% of adults in Hopewell hold a bachelor's degree or higher (6% above the national average). 98.7% have completed high school. Local schools score 6.6/10 in standardized testing.

Climate & Weather

Hopewell has an average annual temperature of 53°F (11°C). Winters average 26°F in January while summers reach 76°F in July. Annual precipitation totals 38.4 inches.

Data Overview

People

Population538
Median Age46.1 yrs
Density472/mi²
Male / Female49% / 51%
Foreign Born0.6%
Veterans10.0%

Economy

A+
Median Income$105,000
Per Capita$47,355
Unemployment1.5%
Poverty0.0%
County GDP$1,783M
Avg Weekly Wage$1,058

Housing

A+
Home Value$185,700
Rent
Ownership100.0%
Zillow$203,677
Housing Units203
Rent Burden28.1%

Health

Obesity37.2%
Diabetes9.2%
Smoking14.6%
Heart Disease5.5%
Premature Death5,803/100K

Climate

Avg Temp53°F
Rain38.4 in/yr
Elevation645 ft

Education

B+
Bachelor's+35.8%
High School+98.7%
Graduate+11.4%
School Score6.6/10

Community

2024 VoteR 70% / D 28%
Commute32 min
Broadband94.4%
Internet Speed75 Mbps
EV Stations1
Libraries9

Did You Know?

The median home in Hopewell was built in 1980.
The nearest airport is General Downing - Peoria International (25 miles).
The Gini coefficient (income inequality) is 0.427 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
9.7% of the population has a disability.
The county recorded 6 fatal vehicle crashes.