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The total population of Hoffman is estimated to be 652 with 386 males (59.20%) and 266 females (40.80%). There are 120 less females than males in Hoffman.
The median household income in Hoffman was $62,152 in 2021, which marked an a decrease of 3,117(4.78%) from $65,269 in 2020. This income is 83.31% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Hoffman sees its highest median household income among householders in the age group of 25 to 44 years old, at $70,467. Overall, the median household income for the village of Hoffman stands at $62,152.
In Hoffman, the median income for all workers aged 15 years and older, regardless of work hours, was $36,604 for males and $20,876 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,290 for males and $44,437 for females.
In Hoffman, population is primarily represented by White households, reporting a median income of $63,504.
In 2022, the population of Hoffman was 434, a 0.23% decrease year-by-year from 2021. Previously, in 2021, Hoffman's population was 435, a decline of 0.68% compared to a population of 438 in 2020.
The median age in Hoffman, IL is 32.6, as per 2021 ACS 5-Year Estimates. Of the total population, 28.32% were under the age of 15, 18.06% aged 15 to 29, 40.61% aged 30 to 64, 10.26% aged 65 to 84, and 2.75% were 85 years of age and older.
Racial distribution of Hoffman population: 95.81% are White and 4.19% are multiracial.