Illinois · Census place 35398
Hoffman village, IL
Quick answer
Hoffman village has 627 residents, ranking #858 of 1462 places in Illinois. Median household income is $70,292, the median home is worth $109,600 and median gross rent runs $920 a month.
- Population
- 627Hoffman village residents
- Median household income
- $70,292Past 12 months, inflation adjusted
- Median home value
- $109,600Owner-occupied units
- Median gross rent
- $920Rent plus utilities, monthly
- Median age
- 32.8 yrsAll residents
- Homeownership rate
- 91.3%Owner-occupied households
What the numbers mean in Hoffman village
Housing cost measured against local earnings.
A household earning the Hoffman village median would spend about 15.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.6% of residents and 91.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Coffeen city 630
- Noble village 630
- Vermont village 629
- Dakota village 625
- Danforth village 619
- Chapin village 618
- Watson village 616
Keep going
More Illinois coverage.