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Hoffman Estates, IL
Full City Profile · Illinois · McHenry County County
Hoffman Estates, IL
At a Glance
How Hoffman Estates Compares to the U.S. Average
Each bar shows Hoffman Estates's value as a percentage of the national average (100% = U.S. avg)
Is Hoffman Estates a Good Place to Live?
Economy & Jobs
Hoffman Estates residents earn a median household income of $109,683 , which is 46% above the national average of $75,149. Per capita income is $49,069. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 3.6% of residents live below the poverty line. The area is home to 7,928 business establishments, including 645 restaurants.
Housing & Cost of Living
The median home value in Hoffman Estates is $340,400 , 21% above the national median of $281,900. Zillow estimates the typical home at $384,550. Median rent is $1,764/month, with 26.1% 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 1976.
Safety & Crime
Hoffman Estates reports 127 violent crimes per 100,000 residents , which is 67% below the national average of 380/100K. Property crime is 845/100K. The murder rate is 0.0/100K.
Education
46.9% of adults in Hoffman Estates hold a bachelor's degree or higher (39% above the national average). 91.5% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Hoffman Estates has an average annual temperature of 50°F (10°C). Winters average 23°F in January while summers reach 74°F in July. The area gets 260 sunny days per year. Annual precipitation totals 38.0 inches. Air quality is rated Good with a median AQI of 43.