HomeIllinoisMontgomery CountyHillsboro
Hillsboro, Illinois: commercial real estate data.
Hillsboro is a Census city of 5,803 people across 8.73 square miles of land, in Montgomery County. Median household income is $50,158, 78.4 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $770,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hillsboro
What Hillsboro is
- Census place typecity
- Land area8.73 sq mi
- Water area1.74 sq mi
- Population per square mile of land664
- County holding the largest share of its areaMontgomery County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsboro
How many people live in Hillsboro
- Population5,803
- Median age40.4
- Population under 18857 plus or minus 186
- Share under 1814.8 percent plus or minus 3.1
- Population 65 and over862 plus or minus 202
- Share 65 and over14.9 percent plus or minus 3.4
- Households1,817
- Family households944
- Share of households that are families52.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsboro
Income and work in Hillsboro
- Median household income$50,158
- Per capita income$24,331
- Civilian labor force1,710
- Employed1,660
- Unemployed50 plus or minus 54
- Unemployment rate2.9 percent plus or minus 3.1
- Adults 25 and over4,547
- Adults 25 and over with a high school diploma or higher84.4 percent
- Adults 25 and over with a bachelor degree or higher13.1 percent plus or minus 3.5
- Adults 25 and over with a graduate degree6.7 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsboro
Housing in Hillsboro
- Housing units2,009
- Occupied units1,817
- Vacant units192 plus or minus 133
- Vacancy rate9.6 percent plus or minus 6.5
- Owner occupied1,424
- Renter occupied393 plus or minus 143
- Ownership rate78.4 percent
- Median owner-occupied home value$111,700 plus or minus $29,398
- Median gross rent, monthly$715 plus or minus $226
- Annual rent as a share of median income17.1 percent plus or minus 5.5
- Single family units1,741
- Share single family86.7 percent
- Units in buildings of two or more208 plus or minus 132
- Share in buildings of two or more10.4 percent plus or minus 6.5
- Mobile homes60 plus or minus 83
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsboro
How Hillsboro gets to work
- Workers 16 and over who commute1,483
- Commuting under 15 minutes889 plus or minus 233
- Share commuting under 15 minutes59.9 percent plus or minus 12.4
- Commuting 30 minutes or more389 plus or minus 166
- Share commuting 30 minutes or more26.2 percent plus or minus 10.4
- Drove alone79.0 percent
- Carpooled4.0 percent plus or minus 3.4
- Public transport0.0 percent
- Walked4.5 percent plus or minus 6.3
- Worked from home7.5 percent plus or minus 5.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsboro
SBA loans in Hillsboro (7(a))
- Approvals2
- Gross approval$770,000
- Average approval$385,000
- Median approval$385,000
- Largest approval$420,000
- Jobs supported6
- Jobs per approval3.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term98 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Hillsboro, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hillsboro
SBA loans in Hillsboro (504)
- Approvals2
- Gross approval$1,700,000
- Average approval$850,000
- Median approval$850,000
- Largest approval$1,612,000
- Jobs supported19
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Hillsboro, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hillsboro
Flood risk in Hillsboro
- NFIP communityCity of Hillsboro
- NFIP community number170513
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/19/86(M)
The City of Hillsboro participates in the National Flood Insurance Program as community 170513 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Montgomery County, not Hillsboro
Montgomery County context, not Hillsboro figures
- Establishments in Montgomery County676
- Covered employment, Montgomery County8,783
- Average annual pay, Montgomery County$83,351
- Housing units permitted, Montgomery County9
Every figure in this section is published for Montgomery County as a whole and is not a measurement of Hillsboro.
All Montgomery County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Hillsboro questions, answered from the record.
How many people live in Hillsboro, Illinois?
5,803, in 1,817 households. Hillsboro city covers 8.73 square miles of land, which is 664 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hillsboro in?
Montgomery County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hillsboro?
$50,158. The median owner-occupied home is valued at $111,700. Median gross rent is $715 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hillsboro businesses?
2 7(a) approvals totaling $770,000 since FY2020, across 2 lenders, median approval $385,000, plus 2 504 approvals worth $1.7 m since FY2010. These count approvals to borrowers whose address is in Hillsboro, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hillsboro borrowers get paid back?
No rate is published for Hillsboro. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Hillsboro in the National Flood Insurance Program?
Yes. Hillsboro appears in the FEMA Community Status Book as Hillsboro, city of, community 170513, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hillsboro figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Montgomery County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hillsboro.
Is zoning published for Hillsboro?
No. Nothing on this page presents parcel level zoning.
Nearby