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Schaumburg, IL&

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0.26% decline
Median Age
Median Household Income
2.12% growth
Poverty Rate
Number of Employees
0.61% growth
Median Property Value
1.11% decline


The economy of Schaumburg, IL employs 41,044 people. The economy of Schaumburg, IL is specialized in Management of Companies & Enterprises; Wholesale trade; and Transportation & Warehousing, which employ respectively 2.75; 1.91; and 1.85 times more people than what would be expected in a location of this size. The largest industries in Schaumburg, IL are Manufacturing (5,373), Professional, Scientific, Tech Services (4,919), and Retail trade (4,542), 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 $75,658. Males in Schaumburg, 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 Schaumburg, 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 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.


Clinician to Patient Rates

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

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Schaumburg, IL is home to a population of 74,366 people, from which 85.3% are citizens. The ethnic composition of the population of Schaumburg, IL is composed of 44,307 White residents (59.6%), 17,420 Asian residents (23.4%), 7,859 Hispanic residents (10.6%), 2,626 Black residents (3.53%), and 1,458 Two+ residents (1.96%). 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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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 $230,800, which is 1.13 times larger than the national average of $205,000. Between 2015 and 2016 the median property value decreased from $233,400 to $230,800, a 1.11% increase. The homeownership rate of Schaumburg, IL is 63.5%, which is lower than the national average of 63.6%. People in Schaumburg, IL have an average commute time of 27.9 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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