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.
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