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2024 Compare Cities Economy:
Carmel, IN vs Hoffman Estates, IL

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Highlights
- Household income in Hoffman Estates, is 20% less than it is in Carmel and is 28% above the National Average.
- Carmel unemployment rate is 3.0%.
- Hoffman Estates unemployment rate is 5.4%.

Economy
 Carmel, INHoffman Estates, ILUnited States
 Unemployment Rate3.0%5.4%6.0%
 Recent Job Growth2.5%-0.2%1.6%
 Future Job Growth43.8%27.1%33.5%
 Sales Taxes7.0%10.0%6.2%
 Income Taxes4.2%5.0%4.6%
 Income per Cap.$64,078$41,166$37,638
 Household Income$119,772$96,274$69,021
 Family Median Income$157,200$107,736$85,028
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 Est. Households By Income
 Carmel, INHoffman Estates, ILUnited States
 Income Less Than 15K3.0%4.7%9.4%
 Income between 15K and 20K1.2%1.6%3.8%
 Income between 20K and 30K2.7%4.3%8.1%
 Income between 30K and 40K4.3%5.4%8.0%
 Income between 40K and 50K4.9%6.4%7.6%
 Income between 50K and 60K6.2%4.9%7.2%
 Income between 60K and 75K9.0%8.9%9.6%
 Income between 75K and 100K10.4%15.9%12.8%
 Income between 100K and 150K17.8%22.0%16.3%
 Income between 150K and 200K13.2%13.7%7.8%
 Income greater than 200K27.2%12.1%9.5%
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 Population By Occupation
 Carmel, INHoffman Estates, ILUnited States
 Management, business, finance28.0%20.4%16.4%
 Engineering, computers, science13.4%11.3%6.5%
 Community, social services1.8%1.1%1.8%
 Legal2.9%1.3%1.2%
 Education, library5.9%5.1%6.2%
 Arts, design, media, sports, entertainment2.8%2.8%2.0%
 Healthcare practitioners and technology9.7%6.8%6.2%
 Healthcare support0.9%2.0%3.3%
 Firefighters, law enforcement0.8%1.3%2.1%
 Food preparation, serving5.3%4.7%5.4%
 Building maintenance1.5%2.4%3.6%
 Personal care1.7%2.8%2.6%
 Sales, office, administrative support18.7%22.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair2.1%4.7%8.1%
 Production, transportation, material moving4.5%11.2%13.1%

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Reviews for Carmel    26 Reviews

I moved to Carmel from France and I lived there for 20 years. I moved to Indianapolis recently (I miss Carmel). I liked Carmel because it is clean, safe, pretty, it has  More

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This place has just about every corporate chain hotel imaginable. I come for business, and it is a nice place to do business. Carmel seems to sucking the corporate  More

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Over 9 years ago

Carmel is hands down the best place to live in  More

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Reviews for Hoffman Estates    3 Reviews

Over 14 years ago

Relative easy access and good services  More

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Hoffman Estates is a good place to live. The best thing is the job market and the availability of good paying jobs. In certain areas housing is reasonably priced for  More

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Over 16 years ago

Hoffman estates growing to greatness is it's motto and ambition. Home of Sears National Headquarters, as well as the newest indoor auditorium the Sears Center, Hoffman  More

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ZIPS IN CARMEL, INDIANA
46032 46033 46290
ZIPS IN HOFFMAN ESTATES, ILLINOIS
60169 60192

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