Cost of Living in Hoopeston, IL
Population 5,039 · Illinois · Data vintage 2023
(100 = US avg)
Hoopeston is a smaller Illinois community of around 5000 residents, where median household incomes of $55,180 and housing costs ($63,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 7.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Hoopeston lies roughly 75 miles southeast of the nearest major metro, Joliet — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 74% lower than Joliet's $249,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hoopeston
The median home value in Hoopeston is $63,400 — 79% below the national median of $305,000. Median rent runs $803/month, 39% lower than the national median of $1,314/month. The median household income of $55,180/year is 26% lower than the US median of $74,580. The local unemployment rate is 7.7%, above the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Hoopeston has a cost of living index of 37 versus the US average of 100, meaning it is 63% less expensive.
Hoopeston has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Hoopeston, IL?
Hoopeston has a cost index of 37 (100 = national average). It is 63% below the national average.
What is average rent in Hoopeston, IL?
The median gross rent in Hoopeston is $803 per month based on 2023 Census data.
What is the average home price in Hoopeston?
The median home value in Hoopeston is $63,400 according to Zillow and Census data.
What is the median income in Hoopeston?
The median household income in Hoopeston is $55,180 per year (2023 ACS 5-year estimates).
What is the sales tax in Hoopeston, IL?
The combined state and local sales tax rate in Hoopeston is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Hoopeston, IL affordable?
Yes, Hoopeston is generally considered affordable, with a cost of living index of 37 — about 63% below the US national average of 100.
Hoopeston at a Glance
- Population
- 5,039
- Median Income
- $55,180
- Home Value
- $63,400
- Median Rent
- $803/mo
- Unemployment
- 7.7%
- Sales Tax
- 8.7%
Explore county-level cost of living data