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Economy, jobs and prices in Hoffman Estates, Illinois: official figures

The median household income in Hoffman Estates was $106,806 a year in the 2020-2024 American Community Survey (in 2024 dollars), 185th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Illinois median $83,390.

Median household income
$106,806
2020-2024
Unemployment rate (ACS)
4.2%
2020-2024
Mean travel time to work
28.5 min
2020-2024
Median gross rent (monthly)
$1,734
2020-2024
Median home value (owner-occupied)
$351,900
2020-2024
Homes occupied by their owners
74.2%
2020-2024
Households with a broadband subscription
95.8%
2020-2024

What is the per capita income in Hoffman Estates?

Income per resident (per capita income) in Hoffman Estates averaged $48,050 a year in 2020-2024, 259th highest of 823 US cities of 50,000 or more (US: $44,673; Illinois: $46,406).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Hoffman Estates?

Hoffman Estates' Gini index of household income inequality was 0.408 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 133rd least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Hoffman Estates, Illinois?

4.2% of the civilian labor force in Hoffman Estates was unemployed on average over 2020-2024 (1,170 people), 205th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Illinois' 5.8%.

Source: U.S. Census Bureau · saved copy

What share of people in Hoffman Estates are working?

69.3% of Hoffman Estates' 40,454 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 186th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Hoffman Estates have jobs?

26,874 residents of Hoffman Estates held civilian jobs, 66.4% of those aged 16 and over (US: 59.7%), and 8 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Hoffman Estates?

The largest industry group for working residents of Hoffman Estates was education, health care and social assistance (20.9% of employed residents), followed by manufacturing (14.5%) and professional, scientific, management and administrative services (13.6%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Hoffman Estates work in manufacturing?

Manufacturing employed 14.5% of working residents of Hoffman Estates, 101st highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 13.6% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Hoffman Estates, Illinois?

Commuters in Hoffman Estates took 28.5 minutes on average to get to work in 2020-2024, 208th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 9.6% travelled an hour or more and 18.4% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Hoffman Estates get to work?

18.1% of workers living in Hoffman Estates worked from home in 2020-2024, 258th highest of 823 US cities of 50,000 or more (US: 15.1%). 67.7% drove to work alone, 9.6% carpooled, 2.1% used public transport and 1.3% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Hoffman Estates, Illinois?

The median gross rent (rent plus utilities) in Hoffman Estates was $1,734 a month in 2020-2024, 318th highest of 823 US cities of 50,000 or more (US: $1,413; Illinois: $1,274).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Hoffman Estates?

Owner-occupied homes in Hoffman Estates had a median value of $351,900 in 2020-2024 as estimated by their owners, 341st lowest of 823 US cities of 50,000 or more (US: $332,700; Illinois: $263,300).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Hoffman Estates?

The median home value in Hoffman Estates was 3.3 times the median household income, 147th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Hoffman Estates, Illinois own their home?

74.2% of the 18,537 occupied homes in Hoffman Estates were lived in by their owners in 2020-2024 and 4,786 were rented, 88th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Illinois: 67.1%).

Source: U.S. Census Bureau · saved copy

What share of homes in Hoffman Estates have broadband?

95.8% of households in Hoffman Estates had a broadband internet subscription of some type in 2020-2024, 126th highest of 823 US cities of 50,000 or more (US: 91.0%; Illinois: 90.8%).

Source: U.S. Census Bureau · saved copy

How many households in Hoffman Estates have no internet?

3.0% of households in Hoffman Estates (559) had no internet access at home in 2020-2024, 196th lowest of 823 US cities of 50,000 or more (US: 6.5%); 9.0% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Hoffman Estates compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Hoffman Estates ranks 185 of 823, highest first.

RankCityMedian household income (2024 dollars)
182Framingham$107,419
183Beaumont$107,118
184Palm Beach Gardens$106,947
185Hoffman Estates$106,806
186Blaine$106,801
187Hillsboro$106,409
188Boca Raton$106,273
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Hoffman Estates ranks 259 of 823, highest first.

RankCityPer capita income (2024 dollars)
256Little Elm$48,310
257West Palm Beach$48,223
258San Luis Obispo$48,106
259Hoffman Estates$48,050
260Warwick$48,016
261Placentia$48,006
262Diamond Bar$47,945
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Hoffman Estates ranks 691 of 823, highest first.

RankCityGini index of household income inequality
688Marana0.409
689Mission Viejo0.409
690South Fulton0.408
691Hoffman Estates0.408
692Paramount0.408
693Visalia0.408
694Hendersonville0.408
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Hoffman Estates ranks 619 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
616Lincoln4.2%
617Broken Arrow4.2%
618Goodyear4.2%
619Hoffman Estates4.2%
620Ogden4.1%
621Huntsville4.1%
622Casper4.1%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Hoffman Estates ranks 186 of 823, highest first.

RankCityLabor force participation rate (16 and over)
183Burleson69.4%
184North Charleston69.4%
185Sandy69.4%
186Hoffman Estates69.3%
187Lakewood69.3%
188Grand Rapids69.3%
189Omaha69.3%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Hoffman Estates ranks 208 of 823, highest first.

RankCityMean travel time to work (minutes)
205Castle Rock28.6
206Stamford28.5
207Garden Grove28.5
208Hoffman Estates28.5
209Paramount28.4
210Lakewood28.4
211Monterey Park28.4
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Hoffman Estates ranks 258 of 823, highest first.

RankCityWorkers who worked from home
255Bloomington18.2%
256Weymouth Town18.1%
257O'Fallon18.1%
258Hoffman Estates18.1%
259St. Charles18.0%
260Doral18.0%
261New Rochelle18.0%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Hoffman Estates ranks 246 of 823, highest first.

RankCityWorkers commuting by public transportation
243Homestead2.1%
244Eden Prairie2.1%
245Miramar2.1%
246Hoffman Estates2.1%
247Corvallis2.1%
248Ogden2.1%
249Alhambra2.1%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Hoffman Estates ranks 101 of 823, highest first.

RankCityEmployed residents working in manufacturing
98Eden Prairie14.7%
99Union City14.6%
100Peoria14.6%
101Hoffman Estates14.5%
102Kalamazoo14.5%
103Tigard14.5%
104Everett14.4%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Hoffman Estates ranks 586 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
583Everett20.9%
584Hawthorne20.9%
585Federal Way20.9%
586Hoffman Estates20.9%
587Waterloo20.8%
588Lehi20.8%
589Fairfield20.8%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Hoffman Estates ranks 318 of 823, highest first.

RankCityMedian gross rent per month
315Nashua$1,737
316El Monte$1,736
317Carrollton$1,735
318Hoffman Estates$1,734
319Loveland$1,730
320Austin$1,729
321Pompano Beach$1,724
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Hoffman Estates ranks 483 of 823, highest first.

RankCityMedian value of owner-occupied homes
480Richmond$353,000
481Blaine$352,400
482Hemet$352,200
483Hoffman Estates$351,900
484Edmond$351,400
485Boynton Beach$351,100
486Palm Coast$350,800
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Hoffman Estates ranks 674 of 820, highest first.

RankCityMedian home value as a multiple of median household income
671Blaine3.3x
672Missouri City3.3x
673Normal3.3x
674Hoffman Estates3.3x
675Baytown3.3x
676Rowlett3.3x
677Buffalo3.3x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Hoffman Estates ranks 88 of 823, highest first.

RankCityOccupied homes lived in by their owners
85Meridian74.6%
86Chesapeake74.4%
87Carmel74.3%
88Hoffman Estates74.2%
89Carson74.0%
90Arlington Heights74.0%
91Wake Forest74.0%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Hoffman Estates ranks 126 of 823, highest first.

RankCityHouseholds with a broadband subscription
123Tigard95.8%
124Costa Mesa95.8%
125Shawnee95.8%
126Hoffman Estates95.8%
127Lee's Summit95.8%
128Antioch95.8%
129Folsom95.8%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Hoffman Estates ranks 628 of 823, highest first.

RankCityHouseholds with no internet access
625Palatine3.0%
626Palm Beach Gardens3.0%
627Plainfield3.0%
628Hoffman Estates3.0%
629Raleigh3.0%
630Seattle3.0%
631Nampa3.0%
Source: U.S. Census Bureau · saved copy

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