Hoffman Estates, IL Local Data & Statistics

State: IL

Total population: 51,175 Household income: $106,806 Rent: $1,734

Overview

Total population

51,175

Rent

$1,734

Year built

1976

Household income

$106,806

Per capita income

$48,050

Poverty rate

7.1%

Unemployment rate

3.6%

Household size

2.8 persons

Rent over 30% of income

47.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

Illinois

Total population

51,175

Adults over 25

35,518

Total households

18,537

Household size

2.8 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Income & Poverty

Household income

$106,806

Per capita income

$48,050

Poverty rate

7.1%

Unemployment rate

3.6%

Rent over 30% of income

47.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Housing

Rent

$1,734

Year built

1976

Households that rent

25.8%

Households that own

74.2%

Rooms per home (all homes)

6.1

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Race

White

50%

Black

6.1%

Asian

25.2%

Two or more races

13.3%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Ethnicity

Hispanic or Latino

17%

Not Hispanic or Latino

83%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Commute

Commute rate

81.9%

Commute time to work

29 mins

Work from home

18.1%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Education

Less than high school

22.3%

High school graduate or GED

19.5%

Some college or associate degree

9.8%

Bachelor’s degree or higher

48.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Comparison of Hoffman Estates, IL with: Illinois United States

Hoffman Estates, IL

Total population51,175

Rent$1,734

Year built1976

Household income$106,806

Per capita income$48,050

Poverty rate7.1%

Unemployment rate3.6%

Illinois State

Total population12,694,798

Rent$1,274

Year built1971

Household income$83,390

Per capita income$46,406

Poverty rate11.8%

Unemployment rate5%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	VillageHoffman Estates, IL	StateIllinois	CountryUnited States
Total population	51,175	12,694,798	334,922,499
Rent	$1,734	$1,274	$1,413
Year built	1976	1971	1980
Household income	$106,806	$83,390	$80,734
Per capita income	$48,050	$46,406	$44,673
Poverty rate	7.1%	11.8%	12.5%
Unemployment rate	3.6%	5%	4%

View the complete comparison of Hoffman Estates, IL, Illinois and United States →

Summary for Hoffman Estates, IL

Hoffman Estates is located in Illinois.

Rent & Income

In Hoffman Estates, the typical monthly rent is $1,734 and the typical household income is $106,806. Rent here is higher than in both Illinois and the U.S., and household income is also higher than in both. The estimated poverty rate is 7.1%, which is lower than in both Illinois and national.

Housing & Affordability

This area is primarily owner-occupied, with renters accounting for about 25.8% of households. About 47.5% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is very high, with about 48.5% of adults holding a bachelor’s degree or higher. The local unemployment rate is 3.6%, which is lower than both Illinois and the national rate.

Hoffman Estates, IL — Rent vs Household Income

Hoffman Estates, IL — Poverty vs Unemployment

How Hoffman Estates, IL compares in Illinois (29 places)

Metric	This place	Rank	Starts from	Statewide range
Rent	$1,734	23 / 29	from lower rent	$845 – $1,885
Household income	$106,806	6 / 29	from higher income	$51,592 – $155,105
Poverty rate	7.1%	8 / 29	from lower poverty	4.4% – 25.9%
Unemployment rate	3.6%	8 / 29	from lower unemployment	3.3% – 6.2%

Rankings are calculated among cities and communities in Illinois with total population > 50,000 (year 2024).

Detailed Ranking Explanation for Hoffman Estates, IL

Rent

For typical rent levels, Hoffman Estates is ranked 23rd out of 29 major areas in Illinois. Statewide values span from $845 in Decatur, IL to $1,885 in Naperville, IL.

Household income

Hoffman Estates ranks 6th among 29 large places for typical household income. Statewide values run from $51,592 in Decatur, IL to $155,105 in Naperville, IL.

Poverty rate

Poverty levels put Hoffman Estates in 8th place among 29 significant areas. Across Illinois, poverty ranges between 4.4% and 25.9%.

Unemployment rate

Hoffman Estates places 8th among 29 large communities for unemployment. Statewide figures run from 3.3% to 6.2%.

💰 Rent in Hoffman Estates, IL (with Utilities)

Estimated Monthly Rent: $1,734 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in Hoffman Estates, IL

Annual Household Income: $106,806

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in Hoffman Estates, IL

Estimated Rate: 7.1%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in Hoffman Estates, IL

In Hoffman Estates, IL, households that rent: 4,786 (25.8%)

📊 What does the renter household percentage reveal about this area?

Household Type	Count	Share
Renter-Occupied	4,786	25.8%
Owner-Occupied	13,751	74.2%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in Hoffman Estates, IL

In Hoffman Estates, IL, cost-burdened renters (households spending over 30% of income on housing): 2,271 (47.5%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	2,271	47.5%
Other renter households	2,515	52.5%
Total renter households	4,786	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in Hoffman Estates, IL

Less than High School: 7,927 people (22.3%)

Includes adults who did not complete high school.

High School Graduate or GED: 6,911 people (19.5%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 3,466 people (9.8%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 17,214 people (48.5%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 35,518

📊 Unemployment Rate in Hoffman Estates, IL

Estimated Rate: 3.6%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.

Similar Population

Wake Forest, NC51,199 Collierville, TN51,212 Westfield, IN51,109 Columbus, IN51,104 Summerville, SC51,262 Troy, NY51,054 Aliso Viejo, CA51,320 Burien, WA51,331 Glendora, CA51,350 Burleson, TX50,981

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.