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Hampshire, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Hampshire, Illinois had a total population of 8,524, the 255th largest village in Illinois, with a median household income of $94,773, which is 14% higher than the state average. The poverty rate is 7.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Hampshire Quick Facts

Population 8,524
Median Household Income $94,773
Median Home Value $329,800
Poverty Rate 7.8%
Unemployment Rate 2.5%
Median Age 36.3 years
Homeownership Rate 83.3%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 28.6%
High School Graduation Rate 91.1%
Diversity Index 42/100
Population 8,524 255th of 1,445
Median Income $94,773 top 20%
Poverty Rate 7.8% 38% lower than national
Median Home Value $329,800 top 10%

How Hampshire Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population8,3518,524+2.1%
Median household income$107,774$94,773-12.1%
Median home value$316,200$329,800+4.3%

How Hampshire Compares

Economy & Housing

Household Income Distribution

Under $25K 1.7%
$25K-$50K 15.7%
$50K-$100K 34.8%
$100K+ 47.8%
Detailed income brackets
Under $10K
1.1%
$10K-$15K
0.0%
$15K-$20K
0.6%
$20K-$25K
0.0%
$25K-$30K
4.5%
$30K-$35K
1.7%
$35K-$40K
4.7%
$40K-$45K
1.6%
$45K-$50K
3.3%
$50K-$60K
1.1%
$60K-$75K
12.3%
$75K-$100K
21.4%
$100K-$125K
12.2%
$125K-$150K
8.6%
$150K-$200K
11.7%
$200K+
15.3%

Employment

2.5% Unemployment Rate State: 5.8%|National: 5.2%
69.7% Labor Force Participation

Housing Overview

Owner 83.3%
Renter 16.7%
Affordability Index Affordable
3.5x home value to income ratio
Median gross rent $2,589/mo 32.8% of median household income annually

People & Demographics

Diversity Index

42out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 61 | National average: 61

Education

Hampshire Rankings in Illinois

#255 Population of 1,445
#279 Median Income of 1,374
#357 Education of 1,444
#142 Home Value of 1,372

Other Cities in Kane County

CityPopulationMedian IncomePovertyHome Value
Carpentersville 37,346 $86,917 10.3% $234,100
Algonquin 30,067 $134,525 4.1% $351,000
Huntley 28,005 $88,536 8.6% $334,300
South Elgin 24,217 $127,203 6.5% $339,100
Montgomery 21,515 $103,734 6.7% $299,500
Geneva 21,258 $144,341 3.8% $441,400
North Aurora 18,696 $114,305 6.3% $342,100
Pingree Grove 10,914 $114,294 1.2% $320,800
Campton Hills 10,877 $209,134 2.9% $547,500
Sugar Grove 9,240 $121,207 4.7% $401,900

Cities Similar to Hampshire

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Crete8,386$97,147$228,50032.4%3.9%
Mascoutah8,816$97,375$224,90030.8%9.8%
Maryville8,316$100,670$261,80043.8%2.7%
Savoy8,968$91,966$320,30063.3%7.9%
Manteno9,030$97,634$248,40027.5%3.5%

Population Overview

Hampshire is a small city located in Illinois, within Kane County. The total population is 8,524. It ranks as the 255th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Hampshire is 36.3 years. This is 7% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Hampshire is $94,773. This is 14% higher than the state median of $83,390. It is also 17% higher than the national median of $80,734. The poverty rate stands at 7.8%. This is 34% lower than the state poverty rate of 11.8%. The unemployment rate is 2.5%. This is 57% lower than the state rate of 5.8%. The median home value is $329,800. Housing costs are 25% higher than the state median of $263,300. The home-value-to-income ratio is 3.5x. 83.3% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Hampshire is White (non-Hispanic), making up 74.6% of the population. Hispanic or Latino residents account for 14.6%. The Black or African American population (0.1%) is well below the state average of 13.3%.

Education

28.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.1%.

Data Sources & Methodology

All demographic data for Hampshire, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Illinois city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Hampshire, Illinois?

Hampshire, Illinois has a population of 8,524 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hampshire, IL?

The median household income in Hampshire is $94,773, which is 17% higher than the national median of $80,734.

What is the poverty rate in Hampshire, IL?

The poverty rate in Hampshire is 7.8%. This means approximately 662 residents live below the federal poverty line.

What is the racial makeup of Hampshire, Illinois?

Hampshire's population is 74.6% White, 0.1% Black, 14.6% Hispanic/Latino, and 7.1% Asian.

What is the median home value in Hampshire, IL?

The median home value in Hampshire is $329,800. The home-value-to-income ratio is 3.5x.

How educated is Hampshire, Illinois?

28.6% of adults (25+) in Hampshire hold a bachelor's degree or higher, and 3.4% hold a graduate or professional degree.