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Hampton

Learn about the people, housing, costs and businesses in Hampton, Illinois

Median Home$168,200
Median Rent$815/month
Population1,902
Leading IndustriesRetail · Professional Services · Healthcare24% retail
Home Value Growth⬆⬆⬆+28.6% over 2 years
Young Adults29% of residentsslightly above average
Homeowners77% of occupied units
NotableAffordable Market$168k median home · lower cost than 66% of the country
Hampton
IL

Frequently Asked Questions

What are today's mortgage rates in Hampton?

As of today, the 30-year fixed mortgage rate for Hampton is approximately 6.994% (7.003% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Hampton?

The median home value in Hampton is $168k. The median monthly rent is $815. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hampton?

Home values in Hampton have increased 28.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Hampton?

Based on a typical all-in ownership cost of $896/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hampton is $68k/year.

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What industries drive the economy in Hampton?

The largest employment sectors in Hampton are retail (24%) and public administration (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.