Home Insurance in Hoopeston, Illinois
With a median home value of $78,100, Hoopeston is 20% lower than the Vermilion County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Hoopeston was built around 1940. About 70% of homes were built before 1960, about 17 points above Vermilion County's 53%.
In Hoopeston, the housing stock is 81% single-family homes and 6% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
59% of owner-occupied homes in Hoopeston carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Hoopeston has an owner-occupancy rate of 69% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
Most homes in Hoopeston - 65% - are primarily heated with natural gas.
Vermilion County had 48 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Relatively High). See the full Vermilion County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Illinois is $1,480 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $78,100 |
|---|---|
| Median year built | 1940 |
| Owner-occupied share | 69% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Vermilion County | 48 |
| Home insurance premium | $1,480 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)