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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

Change Over Time (2013–2023)

Population Change
-5.1%
312 → 296
over 10 years
Annual Pop. Growth
-0.53%
Compound annual growth rate
Median Income Change
+67.4%
$33,958 → $56,855
nominal, not inflation-adjusted
Annual Income Growth
+5.29%
Compound annual growth rate

Population Over Time

Total population for Loraine 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
285
-11 from 2023 (296)
Projected Median Income 2030
$81,560
+$24,705 from 2023 ($56,855)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 312 $33,958
2015 312 +0% $38,977 +14.8%
2017 306 -1.9% $50,357 +29.2%
2019 302 -1.3% $51,818 +2.9%
2021 296 -2% $51,397 -0.8%
2023 296 +0% $56,855 +10.6%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.