Elk Grove Village is a city in Illinois state in USA with a population of 32450 residents.. The poverty rate of Elk Grove Village is 4%, which is 71% lower than national average. The typical household in Elk Grove Village earns $85240 a year, compared to the national median of $67,500. Nearly 25.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Elk Grove Village, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Elk Grove Village remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Elk Grove Village, only 38% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Elk Grove Village is 115, which is 15% higher than national average. Median home value in Elk Grove Village is $286300 , which is 25% higher than national average. While median income in Elk Grove Village remained $85240, which is 26% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.