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Hoffman Estates, IL
Full City Profile · Illinois · McHenry County County
3.9
/5.0
B+
Good
51,186
Population
2,492/sq mi density
$109,683
Median Income
$49,069 per capita
$340,400
Home Value
$384,550 Zillow
$1,764
Median Rent
26.1% income on rent
50°F
Avg Temperature
260 sunny days/yr
127
Violent Crime/100K
845 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$109,683 median income, 2.5% unemployment
A+
Affordability
4.9 / 5.0
$340,400 home value, $1,764/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
A+
Education
4.8 / 5.0
46.9% bachelor's degree or higher
Income Overview
Median Household Income
$109,683
46% above
US avg: $75,149
Per Capita Income
$49,069
26% above
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
3.6%
71% below
US avg: 12.4%
Income Comparison: Hoffman Estates vs. U.S. Average
Each bar shows Hoffman Estates’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$109,683
146%
Per Capita
US: $39,052
$49,069
126%
IRS Avg AGI
US: $72,000
$93,804
130%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
30 min
9% above US avg (28 min)
Work From Home
15.7%
3% above US avg (15.2%)
Drive Alone
69.9%
5% below US avg (73.2%)
Public Transit
2.5%
51% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
69.9%
Public Transit
2.5%
Work From Home
15.7%
Other
11.9%
Average commute time
30 minutes
US avg: 28 min
Business Landscape
Total Establishments
7,928
Restaurants
645
Healthcare
846
Retail
816
Manufacturing
432
Tax & Financial
IRS Avg Adjusted Gross Income
$93,804
30% above US avg ($72,000)
Avg Property Tax
$8,712
149% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $109,683 |
| Per Capita Income | $49,069 |
| IRS Avg Adjusted Gross Income | $93,804 |
| Avg Weekly Wage | $1,060 |
| County GDP | $15,983M |
Hardship Indicators
| Unemployment Rate | 2.5% |
| Poverty Rate | 3.6% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 69.9% |
| Public Transit | 2.5% |
| Work From Home | 15.7% |
Businesses
| Total Establishments | 7,928 |
| Restaurants | 645 |
| Healthcare | 846 |
| Retail | 816 |
| Manufacturing | 432 |
Tax
| IRS Avg AGI | $93,804 |
| Avg Property Tax | $8,712 |