Algonquin, Illinois

US Census Bureau ACS 5-Year Estimates ยท 2022

IL

Algonquin Demographics Overview

Total Population
29,888
ACS 2022 estimate
Median Household Income
$129,658
Annual household income
โ–ฒ 74% vs US avg
Median Home Value
$305,900
Owner-occupied homes
โ–ฒ 9% vs US avg
Median Gross Rent
$1,805
Monthly rent (incl. utilities)
โ–ฒ 55% vs US avg
Median Age
41.0 years
Median age of residents
โ–ฒ 5% vs US avg

Income & Economy

Median Household Income
$129,658
US avg: $74,580
vs. National Median+73.9%

Housing

Median Home Value
$305,900
US avg: $281,900
Median Gross Rent
$1,805/mo
US avg: $1,163/mo
Rent vs. National Avg+55.2%

Population

Total Population29,888
Median Age
41.0 years
US avg: 38.9 yrs

Data Source

Data for Algonquin comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Algonquin, IL โ€” Frequently Asked Questions

Common questions about Algonquin demographics

What is the population of Algonquin, Illinois?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Algonquin, Illinois is 29,888.

What is the median household income in Algonquin?

The median household income in Algonquin, Illinois is $129,658 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Algonquin?

Key cost indicators for Algonquin, Illinois:. Median home value: $305,900. Median gross rent: $1,805/month. Median household income: $129,658/year

What is the median home value in Algonquin?

The median home value in Algonquin, Illinois is $305,900, compared to the national median of approximately $281,900.

What is the average age in Algonquin?

The median age in Algonquin, Illinois is 41.0 years, compared to the US national median age of approximately 38.9 years.

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Algonquin, IL Demographics - Population, Income & Housing (2022)