City

Hillsboro, IL

1 ZIP code  ·  Montgomery County  ·  Illinois

👥8,078Population
💰$54,767Median HH Income▼ 28% below avg
🎂42.4Median Age
🏠$106,600Median Home Value▼ 62% below avg
🎓24.8%College Grads▼ 36% below avg
📊5.8%Unemployment▲ 19% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 62.7% Female 37.3% ♀

Race & Ethnicity

White: 85%Hispanic: 3.7%Black: 8.3%Other: 2.3%Race
White85.0%
Hispanic3.7%
Black8.3%
Other2.3%

Age Breakdown

Under 5
4%
5–17
13%
18–24
6%
25–44
30%
45–64
29%
65+
7%

Key Indicators

Median Age42.4 yrs
Avg HH Size2.27
Below Poverty9.8% ≈ Avg
College Grads24.8% ▼ 36% below avg
Unemployment5.8% ▲ 19% above avg
No HS Diploma23 (0.4%)
HS Graduate1,760 (32.1%)
Some College1,008 (18.4%)
Associates1,328 (24.2%)
Bachelors506 (9.2%)
Graduate Degree853 (15.6%)

Education

No HS: 0.4%HS Grad: 32.1%Some College: 18.4%Associates: 24.2%Bachelors: 9.2%Graduate: 15.6%Edu
No HS0.4%
HS Grad32.1%
Some College18.4%
Associates24.2%
Bachelors9.2%
Graduate15.6%
Housing & Income

Housing Tenure

Owner: 74.9%Renter: 25.2%Tenure
Owner74.9%
Renter25.2%

Home Value Distribution

Under $50k
22%
$50k–$100k
26%
$100k–$150k
16%
$150k–$200k
13%
$200k–$300k
15%
$300k–$500k
8%
Over $500k
0%

Financials

Median HH Income$54,767 ▼ 28% below avg
Median Home Value$106,600 ▼ 62% below avg
Home/Income Ratio1.9x (nat avg ~3.5x)
Median Rent$817/mo
Total Housing Units2,970
Vacant Units306

Income Distribution

Under $25k
22%
$25k–$50k
20%
$50k–$75k
14%
$75k–$100k
12%
$100k–$150k
18%
$150k–$200k
8%
Over $200k
7%
Employment & Commute

How People Get to Work

Drove Alone
86%
Walked
6%
Work From Home
8%

Commute Time

Under 15 min
56%
15–30 min
16%
30–45 min
9%
Over 45 min
19%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
17%
1960s–1970s
12%
1980s–1990s
9%
2000+
58%
About Hillsboro, IL

Hillsboro is a city in Illinois, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 8,078 residents. It is a middle-aged city, with a median age of 42.4 years.

Economically, Hillsboro is a working-class community. The median household income of $54,767 is below the national average. Approximately 9.8% of residents live below the poverty line. The unemployment rate is 5.8%, above the national average.

The real estate market in Hillsboro is one of the more affordable housing markets in the country. Median home values stand at $106,600, which is well below the national average. Renters typically pay around $817 per month. Homeownership is high at 74.9%, typical of suburban and family-oriented communities.

The population of Hillsboro is less-educated. 24.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (85.02%).

Hillsboro, IL offers residents a cost-conscious lifestyle within Illinois.

ZIP Codes in Hillsboro
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
62049 8,078 $54,767 $106,600 $817 5.8% 24.8% 74.9%