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

Streamwood, Illinois

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

Streamwood is a village in Cook County, Illinois, United States. Per the 2020 census, the population was 39,577. It is a northwest suburb of Chicago, and is a part of the Chicago metropolitan area.

Streamwood is one of the three communities that make up the so-called "Tri Village" area, along with Bartlett and Hanover Park. Streamwood was first incorporated as a village on February 9, 1957.

DEMOGRAPHICS

Population
39917
Unemployment
3.9%
17% NAT AVG.
Poverty
6.8%
51% NAT AVG.
Cost Of Living
112
12% NAT AVG.

ECONOMICS

Median Home Cost
$205900
10% NAT AVG.
Median Income
$88917
32% NAT AVG.
Median Rent
$1705
47% NAT AVG.
Overall Score
8.5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 15
Unemployed People
1 in 26
People Earning < $10,000
1 in 23
People Earning < $50,000
24.9%
People With Any Degree
1 in 2.7

ETHNICITY

Ethnicity Streamwood USA
White 42.6% 60.1%
African American 4.2% 12.2%
American Indian 0.2% 0.6%
Asian 13.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.3% 2.8%
Hispanic 35.7% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Streamwood USA
Less than $10,000 4.3% 5.8%
$10,000 to $14,999 1.5% 4.1%
$15,000 to $24,999 4.5% 8.5%
$25,000 to $34,999 5.9% 8.6%
$35,000 to $49,999 8.7% 12.0%
$50,000 to $74,999 16.8% 17.2%
$75,000 to $99,999 20.5% 12.8%
$100,000 to $149,999 22.5% 15.6%
$150,000 to $199,999 9% 7.1%

EDUCATION

Education Streamwood USA
< 9th Grade 5% 5.0%
9-12th Grade 6% 7.0%
High School or GED 32% 27.0%
Other College 20% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 19% 20.0%
Master's Degree 6% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Streamwood is a city in Illinois state in USA with a population of 39917 residents.. The poverty rate of Streamwood is 6.8%, which is 51% lower than national average. The typical household in Streamwood earns $88917 a year, compared to the national median of $67,500. Nearly 24.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Streamwood remained 3.9%, which is 17% lower than national rate.

Cost of living in Streamwood is 112, which is 12% higher than national average. In Streamwood, only 27% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Streamwood is $205900 , which is 10% lower than national average. While median income in Streamwood remained $88917, which is 32% 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.
Streamwood Scorecard

Jobs85%

Housing85%

Affordability70%

Safety85%

Amenities95%

Diversity100%

Education70%

THANKS FOR READING

Read this story and other stories in details on our Website.