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Hooppole

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

Median Home$132,900
Median Rent$747/month
Population179
Leading IndustriesFinance & Insurance · Transportation · Information & Media13% finance & insurance
Home Value Growth+8.5% over 2 years
Young Adults29% of residentsslightly above average
Homeowners83% of occupied units
NotableAffordable Market$133k median home · lower cost than 80% of the country
Hooppole
IL

Frequently Asked Questions

What are today's mortgage rates in Hooppole?

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

The median home value in Hooppole is $133k. The median monthly rent is $747. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hooppole?

Home values in Hooppole have increased 8.5% 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 Hooppole?

Based on a typical all-in ownership cost of $855/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hooppole is $71k/year.

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What industries drive the economy in Hooppole?

The largest employment sectors in Hooppole are retail (15%) and information and media (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.