Hoffman, IL
Population 627 · Illinois
About Hoffman, IL
Hoffman is a small community in Illinois with a population of 627 residents. The median household income is $70,292 per year, which is above the national average. The median age in Hoffman is 32.8 years.
Housing in Hoffman has a median home value of $109,600 and median monthly rent of $920. Of the 220 total housing units, the majority are owner-occupied, with 189 owner-occupied and 18 renter-occupied units.
The unemployment rate in Hoffman is 1.2% and the poverty rate is 4.6%. 8.8% of residents hold a bachelor's degree or higher. The average commute time is 25.1 minutes.
Cost of Living in Hoffman, IL
Compared to national averages, Hoffman has a median household income of $70,292 (6% below the national median of $75,149). Home values average $109,600, which is 55% below the national median. Monthly rent at $920 is 21% below the US average of $1,163. Within Illinois, Hoffman's income is 6% below the state average of $75,072, and home values are 34% below the state median of $165,779.
Why Live in Hoffman, IL?
Hoffman offers affordable housing with a median home value of $109,600, below the US average of $244,900, and rent that’s lower than the national average at $920/month, and a strong job market with an unemployment rate of just 1.2%. Additionally, the city features a low poverty rate of 4.6%, better than the national average.
Potential considerations include median household income ($70,292) that falls below the national average. However, Hoffman’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hoffman has a population of 627 with a median age of 32.8 years. Compare Hoffman with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hoffman
What is the population of Hoffman, IL?
The population of Hoffman, IL is 627 according to the latest Census data.
What is the median household income in Hoffman?
The median household income in Hoffman, IL is $70,292 per year.
What is the median home value in Hoffman?
The median home value in Hoffman, IL is $109,600.
What is the average rent in Hoffman?
The median monthly rent in Hoffman, IL is $920.
What is the unemployment rate in Hoffman?
The unemployment rate in Hoffman, IL is 1.2%.