Pros and Cons of Living In Hoffman Estates, Illinois. Is Hoffman Estates, IL a Nice Place To Live or Retire?

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Hoffman Estates, Illinois

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

DEMOGRAPHICS

Population
50464
Unemployment
3.5%
26% NAT AVG.
Poverty
4.3%
69% NAT AVG.
Cost Of Living
118
18% NAT AVG.

ECONOMICS

Median Home Cost
$286600
25% NAT AVG.
Median Income
$92423
37% NAT AVG.
Median Rent
$1417
22% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
497
59% NAT. AVG.
51% STATE AVG.
Violent Crime
65
67% NAT. AVG.
70% STATE AVG.
Property Crime
432
57% NAT. AVG.
46% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 23
Unemployed People
1 in 29
People Earning < $10,000
1 in 36
People Earning < $50,000
23%
People With Any Degree
1 in 1.8

ETHNICITY

Ethnicity Hoffman Estates USA
White 48.3% 60.1%
African American 3.9% 12.2%
American Indian 0.2% 0.6%
Asian 26.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.5% 2.8%
Hispanic 18.4% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Hoffman Estates USA
Less than $10,000 2.8% 5.8%
$10,000 to $14,999 1.7% 4.1%
$15,000 to $24,999 3.9% 8.5%
$25,000 to $34,999 5% 8.6%
$35,000 to $49,999 9.6% 12.0%
$50,000 to $74,999 14.4% 17.2%
$75,000 to $99,999 16.7% 12.8%
$100,000 to $149,999 23% 15.6%
$150,000 to $199,999 12.4% 7.1%

EDUCATION

Education Hoffman Estates USA
< 9th Grade 3% 5.0%
9-12th Grade 5% 7.0%
High School or GED 18% 27.0%
Other College 18% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 31% 20.0%
Master's Degree 13% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 1% 1.0%
Hoffman Estates is a city in Illinois state in USA with a population of 50464 residents.. The poverty rate of Hoffman Estates is 4.3%, which is 69% lower than national average. The typical household in Hoffman Estates earns $92423 a year, compared to the national median of $67,500. Nearly 23% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Hoffman Estates remained 3.5%, which is 26% lower than national rate.

Cost of living in Hoffman Estates is 118, which is 18% higher than national average. In Hoffman Estates, only 48% of adults have a bachelor's degree and 26% have some college but no degree. Median home value in Hoffman Estates is $286600 , which is 25% higher than national average. While median income in Hoffman Estates remained $92423, which is 37% 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.
Hoffman Estates Scorecard

Jobs85%

Housing85%

Affordability80%

Safety90%

Amenities90%

Diversity100%

Education85%

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