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2024 Compare Cities Economy:
Buffalo Grove, IL vs Palatine, IL

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Highlights
- Household income in Palatine, is 29% less than it is in Buffalo Grove and is 20% above the National Average.
- Buffalo Grove unemployment rate is 4.2%.
- Palatine unemployment rate is 5.7%.

Economy
 Buffalo Grove, ILPalatine, ILUnited States
 Unemployment Rate4.2%5.7%6.0%
 Recent Job Growth1.6%-0.2%1.6%
 Future Job Growth31.8%26.9%33.5%
 Sales Taxes8.0%10.3%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$55,906$45,557$37,638
 Household Income$121,212$86,415$69,021
 Family Median Income$145,862$111,413$85,028
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 Est. Households By Income
 Buffalo Grove, ILPalatine, ILUnited States
 Income Less Than 15K5.9%4.7%9.4%
 Income between 15K and 20K1.6%3.5%3.8%
 Income between 20K and 30K4.4%6.8%8.1%
 Income between 30K and 40K2.4%6.2%8.0%
 Income between 40K and 50K4.4%6.4%7.6%
 Income between 50K and 60K4.3%6.4%7.2%
 Income between 60K and 75K5.3%9.8%9.6%
 Income between 75K and 100K12.7%12.2%12.8%
 Income between 100K and 150K21.0%16.8%16.3%
 Income between 150K and 200K15.3%13.4%7.8%
 Income greater than 200K22.7%13.8%9.5%
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 Population By Occupation
 Buffalo Grove, ILPalatine, ILUnited States
 Management, business, finance25.1%22.4%16.4%
 Engineering, computers, science19.3%9.8%6.5%
 Community, social services1.3%1.5%1.8%
 Legal1.3%2.0%1.2%
 Education, library6.9%6.4%6.2%
 Arts, design, media, sports, entertainment1.8%1.7%2.0%
 Healthcare practitioners and technology4.3%4.6%6.2%
 Healthcare support2.6%2.6%3.3%
 Firefighters, law enforcement1.2%1.2%2.1%
 Food preparation, serving2.7%3.9%5.4%
 Building maintenance1.3%2.3%3.6%
 Personal care2.7%3.1%2.6%
 Sales, office, administrative support19.3%19.8%20.9%
 Farming, fishing, forestry0.2%0.2%0.6%
 Construction, extraction, maintenance/repair3.3%5.2%8.1%
 Production, transportation, material moving6.5%13.3%13.1%

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Reviews for Buffalo Grove    7 Reviews

Over 10 years ago

Numerous forest preserve areas with walking paths and places to play sports (baseball, soccer, football). Close driving distance to Lake Michigan and several  More

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nice town to raise a  More

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Over 16 years ago

No place is perfect however BG is at or near the top especially in schooling and crime prevention. Numerous parks and biking paths. A great place to raise a family safe  More

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Reviews for Palatine    7 Reviews

No town is perfect. One flaw in Palatine are that it lacks enough updated, healthier food restaurants. A more serious flaw is that the elementary district does not  More

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Over 14 years ago

The correct total Sales Tax Rate for Palatine, Cook County, IL is 9.5%, not  More

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Over 14 years ago

Palatine is a great community for raising a family. Good schools and extremely low crime rate just add to that point. Minutes to Schaumburg and all the shopping and  More

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ZIPS IN BUFFALO GROVE, ILLINOIS
60089
ZIPS IN PALATINE, ILLINOIS
No Zip Codes Here.

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