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2024 Compare Cities Economy:
Algonquin, IL vs Lake Zurich, IL

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Highlights
- Household income in Lake Zurich, is 2% more than it is in Algonquin and is 42% above the National Average.
- Algonquin unemployment rate is 5.6%.
- Lake Zurich unemployment rate is 6.4%.

Economy
 Algonquin, ILLake Zurich, ILUnited States
 Unemployment Rate5.6%6.4%6.0%
 Recent Job Growth0.5%2.4%1.6%
 Future Job Growth31.3%32.8%33.5%
 Sales Taxes7.8%7.0%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$49,226$53,169$37,638
 Household Income$115,346$118,139$69,021
 Family Median Income$135,876$132,804$85,028
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 Est. Households By Income
 Algonquin, ILLake Zurich, ILUnited States
 Income Less Than 15K3.3%3.1%9.4%
 Income between 15K and 20K1.2%0.9%3.8%
 Income between 20K and 30K4.6%3.4%8.1%
 Income between 30K and 40K5.9%2.2%8.0%
 Income between 40K and 50K3.4%4.2%7.6%
 Income between 50K and 60K2.8%7.4%7.2%
 Income between 60K and 75K9.9%6.3%9.6%
 Income between 75K and 100K9.1%12.7%12.8%
 Income between 100K and 150K24.1%22.1%16.3%
 Income between 150K and 200K16.8%15.1%7.8%
 Income greater than 200K18.9%22.6%9.5%
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 Population By Occupation
 Algonquin, ILLake Zurich, ILUnited States
 Management, business, finance19.1%24.4%16.4%
 Engineering, computers, science7.0%10.2%6.5%
 Community, social services1.2%3.2%1.8%
 Legal1.2%1.4%1.2%
 Education, library8.7%8.2%6.2%
 Arts, design, media, sports, entertainment2.8%1.2%2.0%
 Healthcare practitioners and technology6.4%5.1%6.2%
 Healthcare support1.5%1.7%3.3%
 Firefighters, law enforcement2.1%0.5%2.1%
 Food preparation, serving2.5%3.8%5.4%
 Building maintenance1.6%2.1%3.6%
 Personal care2.2%3.0%2.6%
 Sales, office, administrative support26.4%24.9%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair4.7%5.2%8.1%
 Production, transportation, material moving12.7%5.2%13.1%

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Reviews for Algonquin    4 Reviews

This Year

Algonquin has really changed and grown, especially west algonquin. Politically though it leans conservative. That has not changed. People are nice though and they are  More

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Over 14 years ago

This town is practically Mayberry as far as crime goes.  More

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Over 17 years ago

Algonquin is a far northwest suburb of Chicago north of Elgin IL off of I90. The western part of Algonquin has shown significant growth and expansion over the past few  More

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Reviews for Lake Zurich    6 Reviews

The suburb provides convenient access to the Chicago Metro features, as well as the comfort of a small bedroom  More

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LZ downtown revitalization is at a standstill...with townhomes built and not selling..plus our gateway building may never be built due to disagreements on funding by the  More

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Over 17 years ago

Lake Zurich is in the midst of a retro revitalization. They have moved the major highway out from downtown and are building condos, shops and apartments. This by  More

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ZIPS IN ALGONQUIN, ILLINOIS
60102
ZIPS IN LAKE ZURICH, ILLINOIS
No Zip Codes Here.

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