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Hoffman Estates, IL&

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Population
51,727
1.04% decline
Median Age
37.8
Median Household Income
$88,733
4.91% growth
Poverty Rate
4.77%
Number of Employees
28,937
0.32% decline
Median Property Value
$252,600
0.12% growth

Economy

The economy of Hoffman Estates, IL employs 28,937 people. The economy of Hoffman Estates, IL is specialized in Management of Companies & Enterprises; Wholesale trade; and Manufacturing, which employ respectively 4.59; 1.51; and 1.41 times more people than what would be expected in a location of this size. The largest industries in Hoffman Estates, IL are Manufacturing (3,934), Retail trade (3,808), and Healthcare & Social Assistance (3,344), and the highest paying industries are Management of Companies & Enterprises ($89,438), Utilities ($80,658), and Professional, Scientific, Tech Services ($66,822).

Median household income in Hoffman Estates, IL is $88,733. Males in Hoffman Estates, IL have an average income that is 1.36 times higher than the average income of females, which is $52,320. The income inequality of Hoffman Estates, IL (measured using the Gini index) is 0.488 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Hoffman Estates, IL. In Cook County, IL the age groups most likely to have health care coverage are 6-17 and 25-34, men and women, respectively. The location has a 1 to 94 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,353. St. Clair County, IL has the highest prevalence of homicides of any county in Illinois.

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The closest comparable data for the census place of Hoffman Estates, IL is from the county of Cook County, IL.

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Diversity

Hoffman Estates, IL is home to a population of 51,727 people, from which 85.9% are citizens. The ethnic composition of the population of Hoffman Estates, IL is composed of 26,342 White residents (50.9%), 13,116 Asian residents (25.4%), 8,903 Hispanic residents (17.2%), 2,108 Black residents (4.08%), and 1,176 Two+ residents (2.27%). The most common foreign languages in Hoffman Estates, IL are Spanish (5,954 speakers), Gujarati (2,404 speakers), and Other Asian (1,723 speakers), but compared to other places, Hoffman Estates, IL has a relative high number of Gujarati (2,404 speakers), Polish (1,690 speakers), and Urdu (1,291 speakers).

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Education

In 2015 universities in Hoffman Estates, IL awarded 109 degrees. The student population of Hoffman Estates, IL is skewed towards females, with 15 male students and 94 female students. Most students in Hoffman Estates, IL are White (42 and 38.5%), followed by Asian (31 and 28.4%), Black or African American (18 and 16.5%), and Hispanic or Latino (16 and 14.7%). The largest universities in Hoffman Estates, IL by number of graduates are Ambria College of Nursing (109 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Hoffman Estates, IL are Licensed Practical & Vocational Nurse Training (76 and 69.7%), N/A (N/A and N/A), and N/A (N/A and N/A). The median tuition costs in Hoffman Estates, IL are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Hoffman Estates, IL is $252,600, which is 1.23 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $252,300 to $252,600, a 0.12% increase. The homeownership rate of Hoffman Estates, IL is 74.8%, which is higher than the national average of 63.6%. People in Hoffman Estates, IL have an average commute time of 28.6 minutes, and they commute by Drove Alone. Car ownership in Hoffman Estates, IL is approximately the same as the national average, with an average of 2 cars per household.

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