Hinckley, IL
Population 2,286 · Illinois
About Hinckley, IL
Hinckley is a small town located in Illinois with a population of 2,286 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,625 per year, which is 9% above the national median of $75,149. The median age of 34.5 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 Hinckley features a median home value of $267,600, which is 9% above the national median of $244,900. This positions Hinckley in a moderately priced market relative to the rest of the country. Median monthly rent is $1,333, 15% above the national average of $1,163/month. Of the 910 total housing units, 72% are owner-occupied (646 units) and 28% are renter-occupied (248 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hinckley shows an unemployment rate of 13.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.4%, above the national average of 12.4%. Workers in Hinckley have an average one-way commute time of 31.5 minutes.
Education & Demographics
35.2% of Hinckley 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 8.1% White, 3.1% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 1.9% of the population being foreign-born.
Cost of Living in Hinckley, IL
Compared to national averages, Hinckley has a median household income of $81,625 (9% above the national median of $75,149). Home values average $267,600, which is 9% above the national median. Monthly rent at $1,333 is 15% above the US average of $1,163. Within Illinois, Hinckley's income is 9% above the state average of $75,072, and home values are 61% above the state median of $165,779.
Why Live in Hinckley, IL?
Hinckley offers a strong local economy with a median household income of $81,625, well above the national average, and a well-educated community where 35.2% of residents hold a bachelor’s degree or higher.
Hinckley has a population of 2,286 with a median age of 34.5 years. Compare Hinckley with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Hinckley
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wayne | 2,284 | $169,583 | $674,000 | Compare |
| Tremont | 2,300 | $77,420 | $200,600 | Compare |
| Fox Lake Hills | 2,304 | $111,477 | $229,700 | Compare |
| Casey | 2,258 | $48,631 | $86,000 | Compare |
| Elmwood | 2,254 | $87,644 | $144,600 | Compare |
| Preston Heights | 2,318 | $51,970 | $141,400 | Compare |
| Carbon Cliff | 2,248 | $55,000 | $124,600 | Compare |
| Lake Summerset | 2,240 | $105,588 | $226,700 | 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 Hinckley With Other Cities
Frequently Asked Questions about Hinckley
What is the population of Hinckley, IL?
The population of Hinckley, IL is 2,286 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 Hinckley?
The median household income in Hinckley, IL is $81,625 per year, which is 9% above the national median of $75,149.
What is the median home value in Hinckley?
The median home value in Hinckley, IL is $267,600, which is 9% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hinckley?
The median monthly rent in Hinckley, IL is $1,333, which is 15% above the national average of $1,163/month.
What is the unemployment rate in Hinckley?
The unemployment rate in Hinckley, IL is 13.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hinckley, IL a good place to live?
Hinckley offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,286 and a median age of 34.5, the city appeals to young professionals and families.
How educated is Hinckley, IL?
35.2% of residents in Hinckley 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 Hinckley?
Key cost-of-living indicators for Hinckley, IL: median home value is $267,600 (9% above national), median rent is $1,333/month, and median household income is $81,625. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hinckley?
The poverty rate in Hinckley, IL is 15.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hinckley, IL?
Hinckley's population is 8.1% White, 3.1% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 1.0% two or more races. 1.9% of residents are foreign-born.