All Countries
Lima, IL
Full City Profile · Illinois · Hancock County County
2.7
/5.0
C+
Fair
231
Population
1,650/sq mi density
$71,250
Median Income
$23,805 per capita
$89,200
Home Value
$188,901 Zillow
52°F
Avg Temperature
275 sunny days/yr
129
Violent Crime/100K
129 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$71,250 median income, 9.0% unemployment
A+
Affordability
5.0 / 5.0
$89,200 home value, /mo rent
F
Safety
1.0 / 5.0
129 violent crimes/100K
F
Education
1.4 / 5.0
5.0% bachelor's degree or higher
Housing Overview
Median Home Value
$89,200
68% below
US avg: $281,900
Homeownership Rate
77.3%
18% above US avg (65.4%)
Total Housing Units
85
Median year built: 1955
Home Value by Source
Census Median
$89,200
Zillow (ZHVI)
$188,901
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.3%
Owner-Occupied
22.7%
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
Affordability & Housing Stock
Rent Burden
25.1%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
77.3%
Complete Housing Data
Home Values
| Census Median Value | $89,200 |
| Zillow Home Value (ZHVI) | $188,901 |
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-Occupied | 77.3% |
| Renter-Occupied | 22.7% |
| Homeownership Rate | 77.3% |
| Total Housing Units | 85 |
| Median Year Built | 1955 |
| Rent Burden | 25.1% |