Hoopeston, IL
Population 5,039 · Illinois
About Hoopeston, IL
Hoopeston is a small town located in Illinois with a population of 5,039 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,180 per year, which is 27% below the national median of $75,149. The median age of 44.5 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 Hoopeston features a median home value of $63,400, which is 74% below the national median of $244,900. This makes Hoopeston one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $803, 31% below the national average of $1,163/month. Of the 2,529 total housing units, 69% are owner-occupied (1,538 units) and 31% are renter-occupied (696 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hoopeston shows an unemployment rate of 7.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.3%, above the national average of 12.4%. Workers in Hoopeston have an average one-way commute time of 23.9 minutes.
Education & Demographics
8.2% of Hoopeston 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 4.9% White, 0.3% Hispanic or Latino, 0.6% Black or African American, and 0.0% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in Hoopeston, IL
Compared to national averages, Hoopeston has a median household income of $55,180 (27% below the national median of $75,149). Home values average $63,400, which is 74% below the national median. Monthly rent at $803 is 31% below the US average of $1,163. Within Illinois, Hoopeston's income is 26% below the state average of $75,072, and home values are 62% below the state median of $165,779.
Why Live in Hoopeston, IL?
Hoopeston offers affordable housing with a median home value of $63,400, below the US average of $244,900, and rent that’s lower than the national average at $803/month, and short commute times averaging just 23.9 minutes.
Potential considerations include median household income ($55,180) that falls below the national average. However, Hoopeston’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hoopeston has a population of 5,039 with a median age of 44.5 years. Compare Hoopeston with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Hoopeston
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Milan | 5,037 | $61,188 | $120,300 | Compare |
| Pinckneyville | 5,055 | $55,000 | $117,100 | Compare |
| South Barrington | 5,004 | $211,083 | $986,300 | Compare |
| Eureka | 5,095 | $55,172 | $154,600 | Compare |
| Monee | 5,104 | $89,571 | $226,400 | Compare |
| Robbins | 4,956 | $37,594 | $114,200 | Compare |
| Coal City | 5,145 | $73,030 | $211,600 | Compare |
| Colona | 5,189 | $76,558 | $152,100 | 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 Hoopeston With Other Cities
Frequently Asked Questions about Hoopeston
What is the population of Hoopeston, IL?
The population of Hoopeston, IL is 5,039 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 Hoopeston?
The median household income in Hoopeston, IL is $55,180 per year, which is 27% below the national median of $75,149.
What is the median home value in Hoopeston?
The median home value in Hoopeston, IL is $63,400, which is 74% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hoopeston?
The median monthly rent in Hoopeston, IL is $803, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Hoopeston?
The unemployment rate in Hoopeston, IL is 7.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hoopeston, IL a good place to live?
Hoopeston offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 5,039 and a median age of 44.5, the city appeals to a broad range of residents.
How educated is Hoopeston, IL?
8.2% of residents in Hoopeston 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 Hoopeston?
Key cost-of-living indicators for Hoopeston, IL: median home value is $63,400 (74% below national), median rent is $803/month, and median household income is $55,180. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hoopeston?
The poverty rate in Hoopeston, IL is 15.3%, 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 Hoopeston, IL?
Hoopeston's population is 4.9% White, 0.3% Hispanic or Latino, 0.6% Black or African American, 0.0% Asian, and 1.5% two or more races. 1.2% of residents are foreign-born.