City

Hopedale, IL

1 ZIP code  ·  Tazewell County  ·  Illinois

👥1,504Population
💰$80,833Median HH Income≈ Avg
🎂43.5Median Age
🏠$194,600Median Home Value▼ 30% below avg
🎓45.4%College Grads▲ 17% above avg
📊5.2%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 44.2% Female 55.9% ♀

Race & Ethnicity

White: 93.2%Hispanic: 0.9%Black: 4.3%Other: 1.7%Race
White93.2%
Hispanic0.9%
Black4.3%
Other1.7%

Age Breakdown

Under 5
8%
5–17
12%
18–24
8%
25–44
23%
45–64
29%
65+
5%

Key Indicators

Median Age43.5 yrs
Avg HH Size2.33
Below Poverty10.0% ≈ Avg
College Grads45.4% ▲ 17% above avg
Unemployment5.2% ≈ Avg
No HS Diploma22 (2.1%)
HS Graduate300 (28.5%)
Some College108 (10.2%)
Associates146 (13.9%)
Bachelors174 (16.5%)
Graduate Degree304 (28.8%)

Education

No HS: 2.1%HS Grad: 28.5%Some College: 10.2%Associates: 13.9%Bachelors: 16.5%Graduate: 28.8%Edu
No HS2.1%
HS Grad28.5%
Some College10.2%
Associates13.9%
Bachelors16.5%
Graduate28.8%
Housing & Income

Housing Tenure

Owner: 78.6%Renter: 21.4%Tenure
Owner78.6%
Renter21.4%

Home Value Distribution

Under $50k
1%
$50k–$100k
10%
$100k–$150k
14%
$150k–$200k
28%
$200k–$300k
24%
$300k–$500k
22%

Financials

Median HH Income$80,833 ≈ Avg
Median Home Value$194,600 ▼ 30% below avg
Home/Income Ratio2.4x (nat avg ~3.5x)
Median Rent$881/mo
Total Housing Units629
Vacant Units35

Income Distribution

Under $25k
16%
$25k–$50k
16%
$50k–$75k
11%
$75k–$100k
7%
$100k–$150k
20%
$150k–$200k
20%
Over $200k
9%
Employment & Commute

How People Get to Work

Drove Alone
87%
Public Transit
0%
Walked
3%
Work From Home
10%

Commute Time

Under 15 min
26%
15–30 min
33%
30–45 min
34%
Over 45 min
7%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
8%
1960s–1970s
14%
1980s–1990s
11%
2000+
65%
About Hopedale, IL

Hopedale is a city in Illinois, located in Tazewell County. The city spans 1 ZIP code and is home to approximately 1,504 residents. It is a middle-aged city, with a median age of 43.5 years.

Economically, Hopedale is a middle-income community. The median household income of $80,833 is near the national average. Approximately 10.0% of residents live below the poverty line. The unemployment rate is 5.2%, near the national average.

The real estate market in Hopedale is an affordable housing market. Median home values stand at $194,600, which is below the national average. Renters typically pay around $881 per month. Homeownership is high at 78.6%, typical of suburban and family-oriented communities.

The population of Hopedale is well-educated. 45.4% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.22%).

Hopedale, IL offers residents above-average earning potential within Illinois.

ZIP Codes in Hopedale
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
61747 1,504 $80,833 $194,600 $881 5.2% 45.4% 78.6%