Elk Grove Village, IL
Full City Profile · Illinois · Lake County County
Elk Grove Village, IL
At a Glance
How Elk Grove Village Compares to the U.S. Average
Each bar shows Elk Grove Village's value as a percentage of the national average (100% = U.S. avg)
Is Elk Grove Village a Good Place to Live?
Economy & Jobs
Elk Grove Village residents earn a median household income of $95,216 , which is 27% above the national average of $75,149. Per capita income is $46,267. The unemployment rate stands at 4.3% (19% above the U.S. rate of 3.6%). 5.1% of residents live below the poverty line. The area is home to 19,967 business establishments, including 1,607 restaurants.
Housing & Cost of Living
The median home value in Elk Grove Village is $334,400 , 19% above the national median of $281,900. Zillow estimates the typical home at $402,937. Median rent is $1,574/month, with 32.7% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1974.
Safety & Crime
Elk Grove Village reports 120 violent crimes per 100,000 residents , which is 69% below the national average of 380/100K. Property crime is 1,715/100K. The murder rate is 0.0/100K.
Education
40.9% of adults in Elk Grove Village hold a bachelor's degree or higher (21% above the national average). 92.5% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Elk Grove Village has an average annual temperature of 51°F (11°C). Winters average 25°F in January while summers reach 75°F in July. Annual precipitation totals 37.9 inches. Air quality is rated Good with a median AQI of 40.