Hoffman Estates, Illinois

US Census Bureau ACS 5-Year Estimates ยท 2022

IL

Hoffman Estates Demographics Overview

Total Population
51,744
ACS 2022 estimate
Median Household Income
$107,428
Annual household income
โ–ฒ 44% vs US avg
Median Home Value
$330,300
Owner-occupied homes
โ–ฒ 17% vs US avg
Median Gross Rent
$1,661
Monthly rent (incl. utilities)
โ–ฒ 43% vs US avg
Median Age
38.1 years
Median age of residents
โ–ผ 2% vs US avg

Income & Economy

Median Household Income
$107,428
US avg: $74,580
vs. National Median+44.0%

Housing

Median Home Value
$330,300
US avg: $281,900
Median Gross Rent
$1,661/mo
US avg: $1,163/mo
Rent vs. National Avg+42.8%

Population

Total Population51,744
Median Age
38.1 years
US avg: 38.9 yrs

Data Source

Data for Hoffman Estates 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†’

Hoffman Estates, IL โ€” Frequently Asked Questions

Common questions about Hoffman Estates demographics

What is the population of Hoffman Estates, Illinois?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Hoffman Estates, Illinois is 51,744.

What is the median household income in Hoffman Estates?

The median household income in Hoffman Estates, Illinois is $107,428 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 Hoffman Estates?

Key cost indicators for Hoffman Estates, Illinois:. Median home value: $330,300. Median gross rent: $1,661/month. Median household income: $107,428/year

What is the median home value in Hoffman Estates?

The median home value in Hoffman Estates, Illinois is $330,300, compared to the national median of approximately $281,900.

What is the average age in Hoffman Estates?

The median age in Hoffman Estates, Illinois is 38.1 years, compared to the US national median age of approximately 38.9 years.

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Hoffman Estates, IL Demographics - Population, Income & Housing (2022)