Pros and Cons of Living In Elk Grove Village, Illinois. Is Elk Grove Village, IL a Nice Place To Live or Retire?

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Elk Grove Village, Illinois

Moving to Elk Grove Village In Illinois ? Is Elk Grove Village, IL a Nice Place To Live? Pros and Cons of Living in Elk Grove Village, Illinois. Find out the best and worst about to live, raise a family or retire in Elk Grove Village.

DEMOGRAPHICS

Population
32450
Unemployment
4.2%
11% NAT AVG.
Poverty
4%
71% NAT AVG.
Cost Of Living
115
15% NAT AVG.

ECONOMICS

Median Home Cost
$286300
25% NAT AVG.
Median Income
$85240
26% NAT AVG.
Median Rent
$1307
13% NAT AVG.
Overall Score
9.5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 25
Unemployed People
1 in 24
People Earning < $10,000
1 in 43
People Earning < $50,000
25.1%
People With Any Degree
1 in 2

ETHNICITY

Ethnicity Elk Grove Village USA
White 73.4% 60.1%
African American 2.4% 12.2%
American Indian 0% 0.6%
Asian 10.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.4% 2.8%
Hispanic 11.7% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Elk Grove Village USA
Less than $10,000 2.3% 5.8%
$10,000 to $14,999 1.1% 4.1%
$15,000 to $24,999 3.6% 8.5%
$25,000 to $34,999 7.3% 8.6%
$35,000 to $49,999 10.8% 12.0%
$50,000 to $74,999 17.7% 17.2%
$75,000 to $99,999 16.2% 12.8%
$100,000 to $149,999 21.2% 15.6%
$150,000 to $199,999 10.3% 7.1%

EDUCATION

Education Elk Grove Village USA
< 9th Grade 1% 5.0%
9-12th Grade 3% 7.0%
High School or GED 24% 27.0%
Other College 23% 20.0%
Associate's Degree 11% 9%
Bachelor's Degree 25% 20.0%
Master's Degree 11% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
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. The unemployment rate of Elk Grove Village remained 4.2%, which is 11% lower than national rate.

Cost of living in Elk Grove Village is 115, which is 15% higher than national average. In Elk Grove Village, only 38% of adults have a bachelor's degree and 34% have some college but no degree. 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.
Elk Grove Village Scorecard

Jobs85%

Housing85%

Affordability70%

Safety90%

Amenities90%

Diversity80%

Education85%

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