Living in Hoffman, Illinois
Cost of living, income, home prices, rent and demographics of Hoffman · Census data 2020–2024
Hoffman has 607 residents with a median age of 33.5. The median household income is $66,667 (20% lower than the Illinois median), the median home value is $106,700, the median rent is $675/month.
Hoffman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hoffman at a glance
- Population
- 607
- Median age
- 33.5State: 39
- Median household income
- $66,667State: $83,390
- Median home value
- $106,700State: $263,300
- Median rent
- $675/moState: $1,274
- Homeowners
- 85.7%
- Bachelor's degree or higher
- 11.9%
- Average commute
- 23 min
Is Hoffman a good place to live?
Pros: Home values 59% lower than the state median; an average commute of 23 minutes; unemployment of 4.5%; a poverty rate of 5.6%.
Cons: Median household income 20% lower than the Illinois median.
The weather is best in May and August to October.
Cost of living in Hoffman
Housing is the biggest part of the cost of living. In Hoffman the median home value is $106,700, 68% lower than the U.S. median. Renters pay a median of $675 per month, which is 21.4% of household income. Homeowners with a mortgage pay $1,228 a month in housing costs.
Hoffman median household income
The median household income in Hoffman is $66,667 and the income per person is $28,763. 5.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Hoffman: homes for sale and rent
- Housing units
- 240
- Owner-occupied
- 85.7%
- Renter-occupied
- 14.3%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.71
Hoffman demographics
- Population
- 607
- Median age
- 33.5
- Under 18
- 30%
- 65 and older
- 14.8%
- Households
- 224
- Foreign-born
- 0%
- Veterans
- 7.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Hoffman ›
Education in Hoffman
11.9% of adults 25 and older in Hoffman have a bachelor's degree or higher (Illinois: 37.8%), and 3.2% have a graduate or professional degree.
Jobs and commute in Hoffman
- Unemployment rate
- 4.5%State: 5.8%
- Average commute
- 23 minState: 28 min
- Work from home
- 1.3%
- Drive alone
- 94.4%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 88.4%
Hoffman vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hoffman | 607 | $66,667 | $106,700 | $675 |
| Huey | 109 | $43,500 | $83,000 | — |
| Hoyleton | 523 | $71,094 | $100,000 | $1,063 |
| Wamac | 804 | $36,500 | $20,100 | $787 |
| Central City | 1,081 | $44,896 | $47,600 | $840 |
| Centralia | 11,856 | $47,807 | $89,600 | $765 |
| Junction City | 638 | $56,364 | $83,500 | $878 |
| Carlyle | 2,980 | $77,273 | $155,000 | $983 |
| Irvington | 774 | $80,219 | $91,700 | $826 |
More for people moving to Hoffman
Hoffman ZIP code ›Weather and climate ›Living in Hoffman: FAQ
What is the median household income in Hoffman, IL?
The median household income in Hoffman is $66,667, 20% 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 Hoffman?
The median home value in Hoffman is $106,700, compared with $263,300 in Illinois.
How much is rent in Hoffman?
The median gross rent in Hoffman is $675 per month, about 21.4% of household income.
Is Hoffman, IL a good place to live?
Pluses: home values 59% lower than the state median; an average commute of 23 minutes; unemployment of 4.5%; a poverty rate of 5.6%. Minuses: median household income 20% lower than the Illinois median.
What is the median age in Hoffman?
The median age in Hoffman is 33.5 years (Illinois: 39).
How long is the commute in Hoffman?
The average commute to work in Hoffman is 23 minutes; 1.3% of workers work from home.
What is the unemployment rate in Hoffman?
The unemployment rate in Hoffman is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hoffman?
11.9% of adults in Hoffman 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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