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2024 Compare Cities Economy:
Schaumburg, IL vs Elmwood Park, IL

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Highlights
- Household income in Elmwood Park, is 19% less than it is in Schaumburg and is 0% below the National Average.
- Schaumburg unemployment rate is 5.3%.
- Elmwood Park unemployment rate is 7.1%.

Economy
 Schaumburg, ILElmwood Park, ILUnited States
 Unemployment Rate5.3%7.1%6.0%
 Recent Job Growth-0.2%-0.2%1.6%
 Future Job Growth27.9%26.1%33.5%
 Sales Taxes10.0%10.0%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$44,170$33,865$37,638
 Household Income$85,147$68,833$69,021
 Family Median Income$101,084$86,777$85,028
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 Est. Households By Income
 Schaumburg, ILElmwood Park, ILUnited States
 Income Less Than 15K5.4%7.2%9.4%
 Income between 15K and 20K2.4%3.0%3.8%
 Income between 20K and 30K5.0%8.3%8.1%
 Income between 30K and 40K5.3%9.1%8.0%
 Income between 40K and 50K7.0%11.0%7.6%
 Income between 50K and 60K6.2%6.7%7.2%
 Income between 60K and 75K11.6%7.8%9.6%
 Income between 75K and 100K16.9%14.0%12.8%
 Income between 100K and 150K20.8%15.5%16.3%
 Income between 150K and 200K10.5%10.5%7.8%
 Income greater than 200K8.9%6.9%9.5%
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 Population By Occupation
 Schaumburg, ILElmwood Park, ILUnited States
 Management, business, finance22.2%14.7%16.4%
 Engineering, computers, science12.3%4.8%6.5%
 Community, social services1.6%1.3%1.8%
 Legal1.3%0.7%1.2%
 Education, library5.7%3.4%6.2%
 Arts, design, media, sports, entertainment2.4%2.1%2.0%
 Healthcare practitioners and technology6.5%4.2%6.2%
 Healthcare support2.4%5.0%3.3%
 Firefighters, law enforcement1.3%2.6%2.1%
 Food preparation, serving3.5%4.0%5.4%
 Building maintenance1.3%3.1%3.6%
 Personal care2.2%4.2%2.6%
 Sales, office, administrative support22.0%26.6%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair5.0%8.7%8.1%
 Production, transportation, material moving10.5%14.7%13.1%

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Reviews for Schaumburg    10 Reviews

Nice middle-class community. Excellent schools. Excellent variety in retail establishments. Very good park district with plentiful activities, classes, and three outdoor  More

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Schaumburg, Schaumburg, it's Ok, I guess I don't have much to  More

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At 11% sales tax I believe that Cook County, IL. is the highest in the country. The cost of gasoline is bumped by this as well as the use of smog formulated fuel which  More

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Reviews for Elmwood Park    1 Reviews

Over 3 years ago

I've been living here about 3 years. When I moved houses were reasonably priced, now with Covid the prices have gone way up so it's now less affordable. It's close to  More

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ZIPS IN SCHAUMBURG, ILLINOIS
60194 60173 60195
ZIPS IN ELMWOOD PARK, ILLINOIS
60707

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