Hamel, Illinois Housing

Hamel, Illinois has a population of 814, with a median household income of $78,450.

Current housing data for Hamel.

$195,200

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Population

814

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Median Income

$78,450

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Unemployment

3.10%

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Housing Price

$195,200

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Crime Rate

5.40

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Internet Speed

200.00 Mbps

Hamel is a small local community located in Illinois. The city has a population that is below the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Illinois, Hamel provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Hamel has a population of 814, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Hamel is $78,450, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Hamel is about $195,200, making it relatively affordable compared to many cities in Illinois.

Employment and Safety

The unemployment rate in Hamel is 3.10%, which is lower than the state average, indicating a relatively strong job market. Hamel has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Illinois, Hamel shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Hamel continues to play a role in shaping regional trends in Illinois, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Hamel

What is the population of Hamel?

The population of Hamel is approximately 814.

Is Hamel a good place to live?

Hamel offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Hamel?

The median household income in Hamel is around $78,450.

How expensive is housing in Hamel?

The average housing price in Hamel is approximately $195,200.