Hopkins Park, IL
Population 587 · Illinois
About Hopkins Park, IL
Hopkins Park is a small community located in Illinois with a population of 587 residents according to the latest US Census Bureau American Community Survey data. The median household income is $34,792 per year, which is 54% below the national median of $75,149. The median age of 44.1 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 Hopkins Park features a median home value of $95,000, which is 61% below the national median of $244,900. This makes Hopkins Park one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $680, 42% below the national average of $1,163/month. Of the 400 total housing units, 60% are owner-occupied (160 units) and 40% are renter-occupied (105 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Hopkins Park shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 22.8%, above the national average of 12.4%. Workers in Hopkins Park have an average one-way commute time of 35.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
11.7% of Hopkins Park 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 20.4% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Hopkins Park, IL
Compared to national averages, Hopkins Park has a median household income of $34,792 (54% below the national median of $75,149). Home values average $95,000, which is 61% below the national median. Monthly rent at $680 is 42% below the US average of $1,163. Within Illinois, Hopkins Park's income is 54% below the state average of $75,072, and home values are 43% below the state median of $165,779.
Why Live in Hopkins Park, IL?
Hopkins Park offers affordable housing with a median home value of $95,000, below the US average of $244,900, and rent that’s lower than the national average at $680/month.
Potential considerations include median household income ($34,792) that falls below the national average. However, Hopkins Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hopkins Park has a population of 587 with a median age of 44.1 years. Compare Hopkins Park with other cities to see how it stacks up, or explore all cities in Illinois.
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Demographics
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Economy & Education
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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 Hopkins Park
What is the population of Hopkins Park, IL?
The population of Hopkins Park, IL is 587 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Hopkins Park?
The median household income in Hopkins Park, IL is $34,792 per year, which is 54% below the national median of $75,149.
What is the median home value in Hopkins Park?
The median home value in Hopkins Park, IL is $95,000, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hopkins Park?
The median monthly rent in Hopkins Park, IL is $680, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Hopkins Park?
The unemployment rate in Hopkins Park, IL is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hopkins Park, IL a good place to live?
Hopkins Park offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 587 and a median age of 44.1, the city appeals to a broad range of residents.
How educated is Hopkins Park, IL?
11.7% of residents in Hopkins Park 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 Hopkins Park?
Key cost-of-living indicators for Hopkins Park, IL: median home value is $95,000 (61% below national), median rent is $680/month, and median household income is $34,792. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hopkins Park?
The poverty rate in Hopkins Park, IL is 22.8%, 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 Hopkins Park, IL?
Hopkins Park's population is 20.4% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 69.3% two or more races. 0.7% of residents are foreign-born.