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2024 Compare Cities Economy:
Palatine, IL vs Buffalo Grove, IL

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Highlights
- Household income in Buffalo Grove, is 40% more than it is in Palatine and is 43% above the National Average.
- Palatine unemployment rate is 5.7%.
- Buffalo Grove unemployment rate is 4.2%.

Economy
 Palatine, ILBuffalo Grove, ILUnited States
 Unemployment Rate5.7%4.2%6.0%
 Recent Job Growth-0.2%1.6%1.6%
 Future Job Growth26.9%31.8%33.5%
 Sales Taxes10.3%8.0%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$45,557$55,906$37,638
 Household Income$86,415$121,212$69,021
 Family Median Income$111,413$145,862$85,028
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 Est. Households By Income
 Palatine, ILBuffalo Grove, ILUnited States
 Income Less Than 15K4.7%5.9%9.4%
 Income between 15K and 20K3.5%1.6%3.8%
 Income between 20K and 30K6.8%4.4%8.1%
 Income between 30K and 40K6.2%2.4%8.0%
 Income between 40K and 50K6.4%4.4%7.6%
 Income between 50K and 60K6.4%4.3%7.2%
 Income between 60K and 75K9.8%5.3%9.6%
 Income between 75K and 100K12.2%12.7%12.8%
 Income between 100K and 150K16.8%21.0%16.3%
 Income between 150K and 200K13.4%15.3%7.8%
 Income greater than 200K13.8%22.7%9.5%
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 Population By Occupation
 Palatine, ILBuffalo Grove, ILUnited States
 Management, business, finance22.4%25.1%16.4%
 Engineering, computers, science9.8%19.3%6.5%
 Community, social services1.5%1.3%1.8%
 Legal2.0%1.3%1.2%
 Education, library6.4%6.9%6.2%
 Arts, design, media, sports, entertainment1.7%1.8%2.0%
 Healthcare practitioners and technology4.6%4.3%6.2%
 Healthcare support2.6%2.6%3.3%
 Firefighters, law enforcement1.2%1.2%2.1%
 Food preparation, serving3.9%2.7%5.4%
 Building maintenance2.3%1.3%3.6%
 Personal care3.1%2.7%2.6%
 Sales, office, administrative support19.8%19.3%20.9%
 Farming, fishing, forestry0.2%0.2%0.6%
 Construction, extraction, maintenance/repair5.2%3.3%8.1%
 Production, transportation, material moving13.3%6.5%13.1%

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Reviews for Palatine    7 Reviews

No town is perfect. One flaw in Palatine are that it lacks enough updated, healthier food restaurants. A more serious flaw is that the elementary district does not  More

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Over 14 years ago

The correct total Sales Tax Rate for Palatine, Cook County, IL is 9.5%, not  More

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Over 14 years ago

Palatine is a great community for raising a family. Good schools and extremely low crime rate just add to that point. Minutes to Schaumburg and all the shopping and  More

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Reviews for Buffalo Grove    7 Reviews

Over 10 years ago

Numerous forest preserve areas with walking paths and places to play sports (baseball, soccer, football). Close driving distance to Lake Michigan and several  More

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nice town to raise a  More

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Over 16 years ago

No place is perfect however BG is at or near the top especially in schooling and crime prevention. Numerous parks and biking paths. A great place to raise a family safe  More

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ZIPS IN PALATINE, ILLINOIS
No Zip Codes Here.
ZIPS IN BUFFALO GROVE, ILLINOIS
60089

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