Loraine, IL
Full City Profile · Illinois · Hancock County County
2.9
/5.0
C+
Fair
407
Population
485/sq mi density
$56,855
Median Income
$28,798 per capita
$88,100
Home Value
$199,601 Zillow
$629
Median Rent
22.7% income on rent
52°F
Avg Temperature
282 sunny days/yr
464
Violent Crime/100K
3,327 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$56,855 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$88,100 home value, $629/mo rent
F
Safety
1.0 / 5.0
464 violent crimes/100K (22% above avg)
D
Education
1.6 / 5.0
6.9% bachelor's degree or higher
Income Overview
Median Household Income
$56,855
24% below
US avg: $75,149
Per Capita Income
$28,798
26% below
US avg: $39,052
Unemployment Rate
3.0%
17% below
US avg: 3.6%
Poverty Rate
4.7%
62% below
US avg: 12.4%
Income Comparison: Loraine vs. U.S. Average
Each bar shows Loraine’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$56,855
76%
Per Capita
US: $39,052
$28,798
74%
IRS Avg AGI
US: $72,000
$72,288
100%
Avg Weekly Wage
US: $1,432
$881
62%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$881
38% below US avg ($1,432)
Mean Commute Time
26 min
5% below US avg (28 min)
Work From Home
9.0%
41% below US avg (15.2%)
Drive Alone
81.3%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$824M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.3%
Public Transit
0%
Work From Home
9%
Other
9.7%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
412
Restaurants
37
Healthcare
25
Retail
63
Manufacturing
19
Tax & Financial
IRS Avg Adjusted Gross Income
$72,288
0% below US avg ($72,000)
Avg Property Tax
$3,612
3% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $56,855 |
| Per Capita Income | $28,798 |
| IRS Avg Adjusted Gross Income | $72,288 |
| Avg Weekly Wage | $881 |
| County GDP | $824M |
Hardship Indicators
| Unemployment Rate | 3.0% |
| Poverty Rate | 4.7% |
| Gini Coefficient | 0.451 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 81.3% |
| Public Transit | 0.0% |
| Work From Home | 9.0% |
Businesses
| Total Establishments | 412 |
| Restaurants | 37 |
| Healthcare | 25 |
| Retail | 63 |
| Manufacturing | 19 |
Tax
| IRS Avg AGI | $72,288 |
| Avg Property Tax | $3,612 |
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