Hopewell, IL Profile: Facts & Data


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Hopewell, Illinois - Basic Facts

The Village of Hopewell had a population of 418 as of July 1, 2020. Hopewell ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Hopewell is located at latitude 40.9848 and longitude -89.4573 in Marshall County. The formal boundaries for the Village of Hopewell encompass a land area of 1.13 sq. miles and a water area of 0 sq. miles. Marshall County is in the Central time zone (GMT -6). The elevation is 636 feet.

The Village of Hopewell (GNIS ID: 2398542) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Hopewell is located within Township of Steuben, a minor civil division (MCD) of Marshall County.


Hopewell, IL Data & Demographics (As of July 1, 2020)


Total Population 418 (100%)
Population in Households 418 (100.0%)
Population in Families 354 (84.7%)
Population in Group Quarters1 0
Population Density 368
Diversity Index2 9


Median Household Income $55,202
Average Household Income $74,673
% of Income for Mortgage4 11%
Per Capita Income $30,503
Wealth Index5 87


Total HU (Housing Units) 170 (100%)
Owner Occupied HU 149 (87.6%)
Renter Occupied HU 15 ( 8.8%)
Vacant Housing Units 6 ( 3.5%)
Median Home Value $144,231
Average Home Value $144,966
Housing Affordability Index3 215


Total Households 164
Average Household Size 2.55
Family Households 122
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2020 2020-2025
Population 0.19% -0.34%
Households 0.43% -0.12%
Families -1.12% -0.33%
Median Household Income   0.94%
Per Capita Income   2.45%
Owner Occupied HU   -0.13%


Hopewell, IL - Peer Comparisons by Rank and Percentile

The table below compares Hopewell to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 990 28th
Population Density # 1159 15th
Median Household Income # 760 45th
Housing Affordability Index # 555 41st
Per Capita Income # 591 57th
Diversity Index # 961 29th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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