Living in Hammond, Illinois

Cost of living, income, home prices, rent and demographics of Hammond · Census data 2020–2024

Hammond has 617 residents with a median age of 32.5. The median household income is $77,019 (8% lower than the Illinois median), the median home value is $102,500, the median rent is $817/month.

Hammond is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Hammond at a glance

Population
617
Median age
32.5State: 39
Median household income
$77,019State: $83,390
Median home value
$102,500State: $263,300
Median rent
$817/moState: $1,274
Homeowners
85.4%
Bachelor's degree or higher
23.7%
Average commute
31 min

Is Hammond a good place to live?

Pros: Home values 61% lower than the state median; a poverty rate of 5%.

Cons: Median household income 8% lower than the Illinois median; an average commute of 31 minutes; unemployment of 16.9%.

The weather is best in May–June and August–September.

Cost of living in Hammond

Housing is the biggest part of the cost of living. In Hammond the median home value is $102,500, 69% lower than the U.S. median. Renters pay a median of $817 per month, which is 14.6% of household income. Homeowners with a mortgage pay $1,265 a month in housing costs.

Median home value

Hammond$102,500
Illinois$263,300
United States$332,700

Median monthly rent

Hammond$817
Illinois$1,274
United States$1,413

Hammond median household income

The median household income in Hammond is $77,019 and the income per person is $31,565. 5% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Hammond$77,019
Illinois$83,390
United States$80,734

Housing in Hammond: homes for sale and rent

Housing units
290
Owner-occupied
85.4%
Renter-occupied
14.6%
Vacant
7.9%Includes seasonal homes
Median year built
1964
Average household size
2.31

Hammond demographics

Population
617
Median age
32.5
Under 18
27.7%
65 and older
17.2%
Households
267
Foreign-born
2.1%
Veterans
7.8%Adults 18+

Race and ethnicity

White95.5%
Hispanic or Latino0%
Black0%
Asian2.1%

Hispanic or Latino can be of any race. Population history of Hammond ›

Education in Hammond

23.7% of adults 25 and older in Hammond have a bachelor's degree or higher (Illinois: 37.8%), and 1.5% have a graduate or professional degree.

Bachelor's degree or higher

Hammond23.7%
Illinois37.8%
United States35.7%

Jobs and commute in Hammond

Unemployment rate
16.9%State: 5.8%
Average commute
31 minState: 28 min
Work from home
5.4%
Drive alone
87.8%
Public transit
0%
Walk to work
1.8%
Homes with broadband
91.4%

Hammond vs nearby towns

TownPopulationMedian incomeHome valueRent
Hammond617$77,019$102,500$817
Lovington1,045$55,556$87,400$788
Atwood1,144$62,383$128,200$856
Bement1,792$76,250$99,300$807
Arthur2,083$54,907$151,300$892
Cerro Gordo1,349$77,857$109,200$846
Ivesdale209$64,375$118,100—
Dalton City694$77,750$103,600$860
Bethany1,176$44,583$106,200$1,002

More for people moving to Hammond

Hammond ZIP code ›Weather and climate ›

Living in Hammond: FAQ

What is the median household income in Hammond, IL?

The median household income in Hammond is $77,019, 8% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Hammond?

The median home value in Hammond is $102,500, compared with $263,300 in Illinois.

How much is rent in Hammond?

The median gross rent in Hammond is $817 per month, about 14.6% of household income.

Is Hammond, IL a good place to live?

Pluses: home values 61% lower than the state median; a poverty rate of 5%. Minuses: median household income 8% lower than the Illinois median; an average commute of 31 minutes; unemployment of 16.9%.

What is the median age in Hammond?

The median age in Hammond is 32.5 years (Illinois: 39).

How long is the commute in Hammond?

The average commute to work in Hammond is 31 minutes; 5.4% of workers work from home.

What is the unemployment rate in Hammond?

The unemployment rate in Hammond is 16.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Hammond?

23.7% of adults in Hammond have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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