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

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Highlights
- Household income in Algonquin, is 20% more than it is in Hoffman Estates and is 40% above the National Average.
- Hoffman Estates unemployment rate is 5.4%.
- Algonquin unemployment rate is 5.6%.
 Hoffman Estates, ILAlgonquin, ILUnited States
 Unemployment Rate  Unlock5.6%6.0%
 Recent Job Growth  Unlock0.5%1.6%
 Future Job Growth27.1%  Unlock33.5%
 Sales Taxes10.0%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$41,166  Unlock$37,638
 Household Income  Unlock$115,346$69,021
 Family Median Income$107,736  Unlock$85,028
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 Est. Households By Income
 Hoffman Estates, ILAlgonquin, ILUnited States
 Income Less Than 15K  Unlock3.3%9.4%
 Income between 15K and 20K1.6%  Unlock3.8%
 Income between 20K and 30K  Unlock4.6%8.1%
 Income between 30K and 40K5.4%  Unlock8.0%
 Income between 40K and 50K  Unlock3.4%7.6%
 Income between 50K and 60K4.9%  Unlock7.2%
 Income between 60K and 75K  Unlock9.9%9.6%
 Income between 75K and 100K15.9%  Unlock12.8%
 Income between 100K and 150K  Unlock24.1%16.3%
 Income between 150K and 200K13.7%  Unlock7.8%
 Income greater than 200K  Unlock18.9%9.5%
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 Population By Occupation
 Hoffman Estates, ILAlgonquin, ILUnited States
 Management, business, finance20.4%  Unlock16.4%
 Engineering, computers, science  Unlock7.0%6.5%
 Community, social services1.1%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library5.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.8%2.0%
 Healthcare practitioners and technology6.8%  Unlock6.2%
 Healthcare support  Unlock1.5%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock2.5%5.4%
 Building maintenance2.4%  Unlock3.6%
 Personal care  Unlock2.2%2.6%
 Sales, office, administrative support22.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair4.7%  Unlock8.1%
 Production, transportation, material moving  Unlock12.7%13.1%
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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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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