Is Hopewell, IL a Good Place to Live?
Hopewell is a small town of 477 in Illinois, with a median household income of $98,750 and a 2.0% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.
Strengths: Hopewell stands out for an affordable cost of living, below-average home prices.
Trade-offs: Potential downsides include longer commutes. Whether Hopewell is right for you depends on your priorities — the full breakdown is below.
All Hopewell city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 88.6Hopewell's overall cost of living index is 88.6, where 100 represents the US national average. Living in Hopewell costs roughly 11% less than the average American city.
| Metric | Hopewell, IL | National Avg |
|---|---|---|
| Median Home Value | $179,300 | $244,900 |
| Median Monthly Rent | N/A | $1,163 |
| Homeownership Rate | 100.0% | 65.9% |
| Median Household Income | $98,750 | $74,755 |
Crime & Safety
Crime data for Hopewell is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
Hopewell is served primarily by Midland CUSD 7.
| Metric | Hopewell, IL | National Avg |
|---|---|---|
| School District | Midland CUSD 7 | — |
| Elementary Schools | 1 | — |
| Middle Schools | 1 | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 34.2% | 35.4% |
| High School Diploma or Higher | 97.3% | 91.1% |
Weather & Climate
Hopewell sees average highs of 33.8°F in January and 87.0°F in July, with 38.4 inches of annual precipitation and 24.6 inches of snow per year.
| Metric | Hopewell, IL |
|---|---|
| Average High — January | 33.8°F |
| Average High — July | 87.0°F |
| Annual Precipitation | 38.4" |
| Annual Snowfall | 24.6" |
Demographics
| Metric | Hopewell, IL | National Avg |
|---|---|---|
| Population | 477 | — |
| Median Age | 49.3 | 38.9 |
| Unemployment Rate | 2.0% | 3.7% |
| Avg Commute Time | 31.7 min | 26 min |
| White (non-Hispanic) | 98.3% | 59.3% |
| Black or African American | 0.0% | 13.6% |
| Hispanic or Latino | 0.0% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 18.7% | 22.2% |
| 65 and over | 23.9% | 16.8% |
Nearby Cities
ZIP Codes in Hopewell
Hopewell, IL is covered by 1 ZIP code: