2025 Compare Cities Economy:
Algonquin, IL vs Hoffman Estates, IL

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Highlights
- Household income in Hoffman Estates, is 17% less than it is in Algonquin and is 28% above the National Average.
- Algonquin unemployment rate is 5.6%.
- Hoffman Estates unemployment rate is 5.4%.
 Algonquin, ILHoffman Estates, ILUnited States
 Unemployment Rate  Unlock5.4%6.0%
 Recent Job Growth  Unlock-0.2%1.6%
 Future Job Growth31.3%  Unlock33.5%
 Sales Taxes7.8%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$49,226  Unlock$37,638
 Household Income  Unlock$96,274$69,021
 Family Median Income$135,876  Unlock$85,028
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 Est. Households By Income
 Algonquin, ILHoffman Estates, ILUnited States
 Income Less Than 15K  Unlock4.7%9.4%
 Income between 15K and 20K1.2%  Unlock3.8%
 Income between 20K and 30K  Unlock4.3%8.1%
 Income between 30K and 40K5.9%  Unlock8.0%
 Income between 40K and 50K  Unlock6.4%7.6%
 Income between 50K and 60K2.8%  Unlock7.2%
 Income between 60K and 75K  Unlock8.9%9.6%
 Income between 75K and 100K9.1%  Unlock12.8%
 Income between 100K and 150K  Unlock22.0%16.3%
 Income between 150K and 200K16.8%  Unlock7.8%
 Income greater than 200K  Unlock12.1%9.5%
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 Population By Occupation
 Algonquin, ILHoffman Estates, ILUnited States
 Management, business, finance19.1%  Unlock16.4%
 Engineering, computers, science  Unlock11.3%6.5%
 Community, social services1.2%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library8.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.8%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock2.0%3.3%
 Firefighters, law enforcement2.1%  Unlock2.1%
 Food preparation, serving  Unlock4.7%5.4%
 Building maintenance1.6%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support26.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair4.7%  Unlock8.1%
 Production, transportation, material moving  Unlock11.2%13.1%
Reviews for Algonquin    4 Reviews

Over 1 years ago

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 15 years ago

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

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Over 18 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 Hoffman Estates    3 Reviews

Over 15 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 17 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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