Hampshire village, Illinois Demographics & Population 2026
As of 2026, Hampshire village, Illinois has a total population of 8,351, the 257th largest city in Illinois, with a median household income of $107,774, which is 32% higher than the state average. The poverty rate is 8.4%.
Key Takeaways
- Household income is 32% above the state average — one of the wealthiest communities in Illinois.
- Near full employment with an unemployment rate of just 1.8%.
Hampshire village Quick Facts
How Hampshire village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Hampshire village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Hampshire village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Rockton village | 8,238 | $109,333 | $222,100 | 38.3% | 6.3% |
| Maryville village | 8,280 | $100,813 | $253,100 | 46.5% | 3.2% |
| Crete village | 8,382 | $97,984 | $209,100 | 33.7% | 8.2% |
| Lake Villa village | 8,707 | $111,110 | $325,900 | 48.6% | 3.3% |
| Gilberts village | 8,389 | $119,719 | $330,100 | 48.7% | 5.7% |
Population Overview
Hampshire village is a small city located in Illinois. The total population is 8,351. It ranks as the 257th most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Hampshire village is 37.4 years. This is 4% lower than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Hampshire village is $107,774. This is 32% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 37% higher. The poverty rate stands at 8.4%. This is 28% lower than the state poverty rate of 11.7%. The unemployment rate is 1.8%. This is 68% lower than the state rate of 5.8%. The median home value is $316,200. Housing costs are 26% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.9x, Hampshire village is one of the most affordable housing markets in the area. 79.8% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 66.8%.
Race & Ethnicity
The largest racial or ethnic group in Hampshire village is White (non-Hispanic), making up 77.6% of the population. Hispanic or Latino residents account for 11.1%. The Black or African American population (0.1%) is well below the state average of 13.6%.
Education
27.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 27% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.8%.
Data Sources & Methodology
All demographic data for Hampshire village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Hampshire village, Illinois?
Hampshire village, Illinois has a population of 8,351 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Hampshire village, IL?
The median household income in Hampshire village is $107,774, which is 37% higher the national median of $78,538.
What is the poverty rate in Hampshire village, IL?
The poverty rate in Hampshire village is 8.4%. This means approximately 702 residents live below the federal poverty line.
What is the racial makeup of Hampshire village, Illinois?
Hampshire village's population is 77.6% White, 0.1% Black, 11.1% Hispanic/Latino, and 7.0% Asian.
What is the median home value in Hampshire village, IL?
The median home value in Hampshire village is $316,200. The home-value-to-income ratio is 2.9x.
How educated is Hampshire village, Illinois?
27.3% of adults (25+) in Hampshire village hold a bachelor's degree or higher, and 3.6% hold a graduate or professional degree.