Hancock County, IL

Comprehensive housing, income, and cost of living data for Hancock County, Illinois. Population: 17.6K.

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Median Home Price

$116.2K

Based on 7 cities

Median Household Income

$65.0K

Annual household income

Price-to-Income Ratio

1.8x

Highly affordable

Salary Needed to Buy

$34.5K

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

Housing & Finance

Annual Property Tax

$2,020

Average annual amount

Effective Tax Rate

1.74%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$587

Property Tax$168

Insurance$48.41

Total Monthly$804

Historical Home Prices

2016

$85.9K

2017

$91.0K

+5.9%%

2018

$83.6K

-8.1%%

2019

$91.0K

+8.9%%

2020

$98.5K

+8.3%%

2021

$99.7K

+1.2%%

2022

$98.4K

-1.3%%

2023

$103.7K

+5.4%%

2024

$102.3K

-1.3%%

2025

$109.4K

+6.9%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

4.4%%

Near national average

Population Density

People per square mile

Political Lean (2020)

Competitive

R+1

Racial Demographics

White

94.6%

Black

0.8%

Hispanic

Asian

0.3%

Two or More Races

2.2%

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

Climate & Environment

Average Temperature

52°F

Annual average

Sunny Days

176

Days per year

Annual Rainfall

39.5"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 31/100

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