Hamel, IL
Population 1,004 · Illinois
About Hamel, IL
Hamel is a small town located in Illinois with a population of 1,004 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,313 per year, which is 40% above the national median of $75,149. The median age of 34 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Hamel features a median home value of $231,900, which is 5% below the national median of $244,900. This positions Hamel in a moderately priced market relative to the rest of the country. Median monthly rent is $940, 19% below the national average of $1,163/month. Of the 382 total housing units, 79% are owner-occupied (291 units) and 21% are renter-occupied (76 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hamel shows an unemployment rate of 0.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hamel have an average one-way commute time of 25.6 minutes.
Education & Demographics
38.4% of Hamel residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 1.1% of the population being foreign-born.
How Hamel Ranks in Illinois
Cost of Living in Hamel, IL
Compared to national averages, Hamel has a median household income of $105,313 (40% above the national median of $75,149). Home values average $231,900, which is 5% below the national median. Monthly rent at $940 is 19% below the US average of $1,163. Within Illinois, Hamel's income is 40% above the state average of $75,072, and home values are 40% above the state median of $165,779.
Why Live in Hamel, IL?
Hamel offers a strong local economy with a median household income of $105,313, well above the national average, and affordable housing with a median home value of $231,900, below the US average of $244,900, and rent that’s lower than the national average at $940/month. Additionally, the city features a strong job market with an unemployment rate of just 0.4%, and a well-educated community where 38.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.1%, better than the national average.
Hamel has a population of 1,004 with a median age of 34 years. Compare Hamel with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hamel
What is the population of Hamel, IL?
The population of Hamel, IL is 1,004 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Hamel?
The median household income in Hamel, IL is $105,313 per year, which is 40% above the national median of $75,149.
What is the median home value in Hamel?
The median home value in Hamel, IL is $231,900, which is 5% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hamel?
The median monthly rent in Hamel, IL is $940, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Hamel?
The unemployment rate in Hamel, IL is 0.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hamel, IL a good place to live?
Hamel offers above-average incomes, affordable housing, and a strong job market. With a population of 1,004 and a median age of 34, the city appeals to young professionals and families.
How educated is Hamel, IL?
38.4% of residents in Hamel aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Hamel?
Key cost-of-living indicators for Hamel, IL: median home value is $231,900 (5% below national), median rent is $940/month, and median household income is $105,313. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hamel?
The poverty rate in Hamel, IL is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hamel, IL?
Hamel's population is 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 1.4% two or more races. 1.1% of residents are foreign-born.