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Hanna

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

Median Home$208,700
Median Rent$894/month
Population1,226
Leading IndustriesTransportation · Information & Media · Finance & Insurance8% transportation
Home Value Growth+9.0% over 2 years
Retirees22% of residentsnear the national average
Homeowners83% of occupied units
NotableHigh Incomes$88k/year · top 27% nationally
Hanna City
IL

Frequently Asked Questions

What are today's mortgage rates in Hanna?

As of today, the 30-year fixed mortgage rate for Hanna 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 Hanna?

The median home value in Hanna is $209k. The median monthly rent is $894. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hanna?

Home values in Hanna have increased 9.0% over the past two years. This represents moderate growth. 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 Hanna?

Based on a typical all-in ownership cost of $1,282/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hanna is $88k/year.

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What industries drive the economy in Hanna?

The largest employment sectors in Hanna are public administration (29%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.