Hoyleton, IL
Population 472 · Illinois
About Hoyleton, IL
Hoyleton is a small community located in Illinois with a population of 472 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,875 per year, which is 4% below the national median of $75,149. The median age of 30 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 Hoyleton features a median home value of $103,500, which is 58% below the national median of $244,900. This makes Hoyleton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 167 total housing units, 85% are owner-occupied (127 units) and 15% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hoyleton shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 15.2%, above the national average of 12.4%. Workers in Hoyleton have an average one-way commute time of 25.9 minutes.
Education & Demographics
23.8% of Hoyleton 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 5.3% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 1.1% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in Hoyleton, IL
Compared to national averages, Hoyleton has a median household income of $71,875 (4% below the national median of $75,149). Home values average $103,500, which is 58% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Illinois, Hoyleton's income is 4% below the state average of $75,072, and home values are 38% below the state median of $165,779.
Why Live in Hoyleton, IL?
Hoyleton offers affordable housing with a median home value of $103,500, below the US average of $244,900, and rent that’s lower than the national average at $850/month.
Potential considerations include median household income ($71,875) that falls below the national average. However, Hoyleton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hoyleton has a population of 472 with a median age of 30 years. Compare Hoyleton with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Hoyleton
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Buckley | 472 | $52,212 | $91,700 | Compare |
| De Land | 472 | $50,500 | $90,000 | Compare |
| Malden | 473 | $69,327 | $102,600 | Compare |
| Mount Auburn | 473 | $55,714 | $85,000 | Compare |
| Bonfield | 474 | $86,667 | $190,800 | Compare |
| Leaf River | 475 | $75,903 | $93,600 | Compare |
| Stanford | 469 | $83,173 | $101,800 | Compare |
| Thompsonville | 475 | $46,023 | $85,700 | 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.
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Frequently Asked Questions about Hoyleton
What is the population of Hoyleton, IL?
The population of Hoyleton, IL is 472 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 Hoyleton?
The median household income in Hoyleton, IL is $71,875 per year, which is 4% below the national median of $75,149.
What is the median home value in Hoyleton?
The median home value in Hoyleton, IL is $103,500, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hoyleton?
The median monthly rent in Hoyleton, IL is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Hoyleton?
The unemployment rate in Hoyleton, IL is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hoyleton, IL a good place to live?
Hoyleton offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 472 and a median age of 30, the city appeals to young professionals and families.
How educated is Hoyleton, IL?
23.8% of residents in Hoyleton 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 Hoyleton?
Key cost-of-living indicators for Hoyleton, IL: median home value is $103,500 (58% below national), median rent is $850/month, and median household income is $71,875. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hoyleton?
The poverty rate in Hoyleton, IL is 15.2%, 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 Hoyleton, IL?
Hoyleton's population is 5.3% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 1.1% Asian, and 5.7% two or more races. 2.3% of residents are foreign-born.