Hamilton County, IL

Comprehensive housing, income, and cost of living data for Hamilton County, Illinois. Population: 8.0K.

Median Home Price
$106.4K

Based on 1 cities

Median Household Income
$61.5K

Annual household income

Price-to-Income Ratio
1.7x

Highly affordable

Salary Needed to Buy
$30.2K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,470

Average annual amount

Effective Tax Rate
1.38%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$538
Property Tax$123
Insurance$44.35
Total Monthly$705
Historical Home Prices
2015
$170.4K
2016
$160.7K
-5.7%%
2017
$158.5K
-1.3%%
2018
$146.7K
-7.5%%
2019
$148.6K
+1.3%%
2020
$177.0K
+19.1%%
2021
$143.0K
-19.2%%
2022
$139.6K
-2.4%%
2023
$129.4K
-7.3%%
2024
$118.9K
-8.1%%
2025
$117.4K
-1.3%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
5.1%%

Near national average

Population Density
18

People per square mile

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
94.9%
Black
0.1%
Hispanic
1.3%
Asian
0.9%
Two or More Races
2.1%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
56°F

Annual average

Sunny Days
180

Days per year

Annual Rainfall
47.1"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 31/100

Frequently Asked Questions

What is the median home price in Hamilton County, IL?

The median home price in Hamilton County, Illinois is $106.4K. The price-to-income ratio is 1.7x, meaning the median home costs 1.7 times the median household income.

What salary do you need to buy a home in Hamilton County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $30.2K per year to buy the median home in Hamilton County, IL. Monthly housing costs break down to $538 for mortgage, $123 for property tax, and $44.35 for insurance.

What is the property tax rate in Hamilton County?

The effective property tax rate in Hamilton County is 1.38%, which comes to approximately $1,470 per year on the median home.

What is the median household income in Hamilton County?

The median household income in Hamilton County, Illinois is $61.5K per year, based on Census Bureau American Community Survey data. The unemployment rate is 5.1%%.

Is Hamilton County a good place to live?

Hamilton County, Illinois has a population of 8.0K. Housing affordability is strong with a price-to-income ratio of 1.7x. The climate averages 56 degrees F with 180 sunny days per year. Compare Hamilton County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.