2025 Compare Cities Economy:
Cedar Lake, IN vs Algonquin, IL

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Highlights
- Household income in Algonquin, is 57% more than it is in Cedar Lake and is 40% above the National Average.
- Cedar Lake unemployment rate is 7.6%.
- Algonquin unemployment rate is 5.6%.
 Cedar Lake, INAlgonquin, ILUnited States
 Unemployment Rate  Unlock5.6%6.0%
 Recent Job Growth  Unlock0.5%1.6%
 Future Job Growth28.5%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$36,441  Unlock$37,638
 Household Income  Unlock$115,346$69,021
 Family Median Income$85,243  Unlock$85,028
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 Est. Households By Income
 Cedar Lake, INAlgonquin, ILUnited States
 Income Less Than 15K  Unlock3.3%9.4%
 Income between 15K and 20K3.5%  Unlock3.8%
 Income between 20K and 30K  Unlock4.6%8.1%
 Income between 30K and 40K10.1%  Unlock8.0%
 Income between 40K and 50K  Unlock3.4%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.9%9.6%
 Income between 75K and 100K14.7%  Unlock12.8%
 Income between 100K and 150K  Unlock24.1%16.3%
 Income between 150K and 200K9.9%  Unlock7.8%
 Income greater than 200K  Unlock18.9%9.5%
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 Population By Occupation
 Cedar Lake, INAlgonquin, ILUnited States
 Management, business, finance10.9%  Unlock16.4%
 Engineering, computers, science  Unlock7.0%6.5%
 Community, social services0.8%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library4.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.8%2.0%
 Healthcare practitioners and technology3.5%  Unlock6.2%
 Healthcare support  Unlock1.5%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock2.5%5.4%
 Building maintenance2.2%  Unlock3.6%
 Personal care  Unlock2.2%2.6%
 Sales, office, administrative support23.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair11.5%  Unlock8.1%
 Production, transportation, material moving  Unlock12.7%13.1%
Reviews for Cedar Lake    1 Reviews

Over 14 years ago

Town of approx 14500 residents that increases to possible 20000 persons in summer due to clean beautiful lake,friendly small community feel with Chicago located just 30  More

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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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