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Hopewell, IL

Full City Profile · Illinois · Woodford County County

3.7 /5.0
B+ Good
538 Population 472/sq mi density
$105,000 Median Income $47,355 per capita
$185,700 Home Value $198,395 Zillow
51°F Avg Temperature 275 sunny days/yr
164 Violent Crime/100K 873 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$105,000 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$185,700 home value, /mo rent
F
Safety
1.0 / 5.0
164 violent crimes/100K
B+
Education
3.9 / 5.0
35.8% bachelor's degree or higher

Housing Overview

Median Home Value
$185,700
34% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
203
Median year built: 1980

Home Value by Source

Census Median
$185,700
Zillow (ZHVI)
$198,395
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

100.0%
Owner-Occupied
0.0%
Renter-Occupied
100%
0%
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

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
100.0%

Complete Housing Data

Home Values

Census Median Value$185,700
Zillow Home Value (ZHVI)$198,395

Rent

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-Occupied100.0%
Renter-Occupied0.0%
Homeownership Rate100.0%
Total Housing Units203
Median Year Built1980
Rent Burden28.1%