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

Change Over Time (2013, 2023)

Population Change
+3.2%
407 → 420
over 10 years
Annual Pop. Growth
+0.31%
Compound annual growth rate
Median Income Change
+29.6%
$81,000 → $105,000
nominal, not inflation-adjusted
Annual Income Growth
+2.63%
Compound annual growth rate

Population Over Time

Total population for Hopewell across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
429
+9 from 2023 (420)
Projected Median Income 2030
$125,924
+$20,924 from 2023 ($105,000)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 407 - $81,000 -
2015 405 -0.5% $76,094 -6.1%
2017 404 -0.2% $74,688 -1.8%
2019 401 -0.7% $84,375 +13%
2021 416 +3.7% $91,250 +8.1%
2023 420 +1% $105,000 +15.1%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.