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Schaumburg, IL&

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Population
74,559
0% decline
Median Age
37.4
Median Household Income
$74,086
1.84% growth
Poverty Rate
6.03%
Number of Employees
40,796
0.08% growth
Median Property Value
$233,400
-2.83% decline

Economy

The economy of Schaumburg, IL employs 40,796 people. The economy of Schaumburg, IL is specialized in Management of Companies & Enterprises; Wholesale trade; and Transportation & Warehousing, which employ respectively 3.2; 1.83; and 1.83 times more people than what would be expected in a location of this size. The largest industries in Schaumburg, IL are Manufacturing (5,583), Retail trade (4,904), and Professional, Scientific, Tech Services (4,466), and the highest paying industries are Utilities ($107,800), Management of Companies & Enterprises ($78,409), and Professional, Scientific, Tech Services ($67,321).

Median household income in Schaumburg, IL is $74,086. Males in Schaumburg, IL have an average income that is 1.37 times higher than the average income of females, which is $50,265. The income inequality of Schaumburg, IL (measured using the Gini index) is 0.489 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 Schaumburg, 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.

Coverage

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Showing data across all counties in Illinois.

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Diversity

Schaumburg, IL is home to a population of 74,559 people, from which 85.5% are citizens. The ethnic composition of the population of Schaumburg, IL is composed of 45,724 White residents (61.3%), 16,781 Asian residents (22.5%), 7,613 Hispanic residents (10.2%), 2,757 Black residents (3.7%), and 1,175 Two+ residents (1.58%). The most common foreign languages in Schaumburg, IL are Spanish (4,987 speakers), Other Asian (3,110 speakers), and Polish (2,446 speakers), but compared to other places, Schaumburg, IL has a relative high number of Gujarati (2,087 speakers), Polish (2,446 speakers), and Other Asian (3,110 speakers).

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Education

In 2015 universities in Schaumburg, IL awarded 3,569 degrees. The student population of Schaumburg, IL is skewed towards females, with 1,333 male students and 2,236 female students. Most students in Schaumburg, IL are White (1,478 and 41.4%), followed by Black or African American (1,305 and 36.6%), Hispanic or Latino (288 and 8.07%), and Unknown (251 and 7.03%). The largest universities in Schaumburg, IL by number of graduates are American InterContinental University-Online (3,034 and 85%), The Illinois Institute of Art-Schaumburg (213 and 5.97%), and University of Phoenix-Chicago Campus (194 and 5.44%). The most popular majors in Schaumburg, IL are General Business Administration & Management (1,135 and 31.8%), Criminal Justice - Safety Studies (266 and 7.45%), and Information Technology (146 and 4.09%). The median tuition costs in Schaumburg, 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 Schaumburg, IL is $233,400, which is 1.2 times larger than the national average of $194,500. Between 2014 and 2015 the median property value decreased from $240,200 to $233,400, a -2.83% increase. The homeownership rate of Schaumburg, IL is 63.2%, which is lower than the national average of 63.9%. People in Schaumburg, IL have an average commute time of 27.2 minutes, and they commute by Drove Alone. Car ownership in Schaumburg, IL is approximately the same as the national average, with an average of 2 cars per household.

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United States
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Illinois
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DuPage County, IL
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Cook County, IL
county
Chicago-Naperville-Elgin, IL-IN-WI Metro Area
metropolitan statistical area
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