Schaumburg, Illinois 

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Population

74,693

9% Growth

Unemployment Rate

5.1%

Median Income

$72,745

Avg. Home Price

$212,700

Best Places to Live in Schaumburg, Illinois

National center - Northeastern Illinois along Lake Michigan
Pros
-Economic and cultural diversity
-Arts and culture
-Historic interest and preservation
Cons
-Harsh climate
-Cost of living
-Violent crime

Find your Best Mortgage in Schaumburg: Fixed Rate, Adjustable Rate, 30 years, 15 years

What Bert Has To Say About Chicago-Naperville-Elgin Metro Area

A world-class commercial, industrial and cultural city, Chicago functions as is a major national center and as the major regional center for America’s heartland. It originally emerged as a transport center for cargo headed west and agricultural products headed east by land and water. Although transportation technology has changed, the role has not. The city is the most important passenger and freight transport hub in the country with the largest number of air departures and the most rail traffic in the nation. The commercial and manufacturing economy stands out both for its size and diversity. Over 30 Fortune 500 companies in an assortment of industries have headquarters here. Factories and warehouses extend for miles from the downtown area. Chicago is also a major center for small manufacturing and business. There is probably no more diverse an economy in the country.


QUICK FACTS

City: Schaumburg
Zip Codes: 60194 60173 60195
Time zone: Central Standard Time (CST)
Elevation: 623 ft above sea level

Highlights

ECONOMY
The unemployment rate in Schaumburg is 5.1% (U.S. avg. is 5.2%). Recent job growth is Positive. Schaumburg jobs have increased by 1.39%. Learn More...
COST OF LIVING
Compared to the rest of the country, Schaumburg's cost of living is 11.60% higher than the U.S. average. Learn More... or Compare Schaumburg's Cost of Living
POPULATION
Schaumburg's population is 74,693 people. Since 2000, it has had a population growth of 8.90%. Learn More...
TRANSPORTATION
Average Commute time is 30 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Schaumburg is $212,700. Home appreciation the last 10 years has been -14.60%. Check out the homes in the area.
SCHOOLS
Schaumburg public schools spend $15,079 per student. The average school expenditure in the U.S. is $12,383. There are about 13.9 students per teacher in Schaumburg. Learn More...

Best Places to Live in Schaumburg Rankings


Housing Market in Schaumburg

It's a good time to buy in Schaumburg. Home Appreciation is up 3.6% in the last 12 months. Browse Schaumburg Real Estate.

The median home price in Schaumburg is $212,700. Browse Homes in this Range.


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Reviews for Schaumburg    10 Reviews
Schaumburg, IL General livability - 4/24/2013
Nice middle-class community. Excellent schools. Excellent variety in retail establishments. Very good park district with plentiful activities, classes, and three outdoor... (Read More)

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I've don't have much to say - 1/15/2013
Schaumburg, Schaumburg, it's Ok, I guess I don't have much to... (Read More)

Cook County Taxes are Skyrocketing - 6/9/2009
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... (Read More)


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MORTGAGE RATES IN SCHAUMBURG
30 Yr Fixed
15 Yr Fixed
7 Yr ARM
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MAPS OF SCHAUMBURG, ILLINOIS
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Schaumburg,Illinois Map
ZIP CODES IN SCHAUMBURG, ILLINOIS
60194 60173 60195