Hanna City, IL
Population 1,334 · Illinois
About Hanna City, IL
Hanna City is a small town located in Illinois with a population of 1,334 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,774 per year, which is 6% below the national median of $75,149. The median age of 57.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Hanna City features a median home value of $122,600, which is 50% below the national median of $244,900. This makes Hanna City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $870, 25% below the national average of $1,163/month. Of the 763 total housing units, 83% are owner-occupied (593 units) and 17% are renter-occupied (124 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hanna City shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hanna City have an average one-way commute time of 25.1 minutes.
Education & Demographics
20.8% of Hanna City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.7% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Hanna City, IL
Compared to national averages, Hanna City has a median household income of $70,774 (6% below the national median of $75,149). Home values average $122,600, which is 50% below the national median. Monthly rent at $870 is 25% below the US average of $1,163. Within Illinois, Hanna City's income is 6% below the state average of $75,072, and home values are 26% below the state median of $165,779.
Why Live in Hanna City, IL?
Hanna City offers affordable housing with a median home value of $122,600, below the US average of $244,900, and rent that’s lower than the national average at $870/month, and a strong job market with an unemployment rate of just 2.0%. Additionally, the city features a low poverty rate of 9.7%, better than the national average.
Potential considerations include median household income ($70,774) that falls below the national average. However, Hanna City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hanna City has a population of 1,334 with a median age of 57.6 years. Compare Hanna City with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Hanna City
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Limestone | 1,338 | $95,625 | $212,600 | Compare |
| Gridley | 1,339 | $69,688 | $134,600 | Compare |
| Capron | 1,328 | $97,643 | $155,800 | Compare |
| Zeigler | 1,325 | $39,148 | $52,000 | Compare |
| Gardner | 1,319 | $82,125 | $183,300 | Compare |
| Chrisman | 1,352 | $58,250 | $82,200 | Compare |
| Toluca | 1,313 | $66,667 | $110,000 | Compare |
| Okawville | 1,312 | $84,881 | $161,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hanna City With Other Cities
Frequently Asked Questions about Hanna City
What is the population of Hanna City, IL?
The population of Hanna City, IL is 1,334 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 Hanna City?
The median household income in Hanna City, IL is $70,774 per year, which is 6% below the national median of $75,149.
What is the median home value in Hanna City?
The median home value in Hanna City, IL is $122,600, which is 50% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hanna City?
The median monthly rent in Hanna City, IL is $870, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Hanna City?
The unemployment rate in Hanna City, IL is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hanna City, IL a good place to live?
Hanna City offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,334 and a median age of 57.6, the city appeals to established professionals and retirees.
How educated is Hanna City, IL?
20.8% of residents in Hanna City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Hanna City?
Key cost-of-living indicators for Hanna City, IL: median home value is $122,600 (50% below national), median rent is $870/month, and median household income is $70,774. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hanna City?
The poverty rate in Hanna City, IL is 9.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hanna City, IL?
Hanna City's population is 0.7% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.1% two or more races. 0.4% of residents are foreign-born.