Zip 60169 (Hoffman Estates, IL) Economy


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Hoffman Estates, IL 60169 is an affluent city in Cook County with a population of about 53 thousand. The two bedroom rent in this area is $1,620 which is slightly higher than the US average at $1,430. The grocery cost index in Hoffman Estates is 97 compared to 100 for US average, making it a relatively affordable place to live. There are many local businesses such as Walmart Supercenter, Mariano's Fresh Market, and Jewel-Osco that offer residents access to a variety of products and services. Overall, the cost of living in Hoffman Estates is quite reasonable and makes it an attractive option for those looking to call it home.

Hoffman Estates (zip 60169) has an unemployment rate of 5.4%. The US average is 6.0%.

Hoffman Estates (zip 60169) has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.

Tax Rates for Hoffman Estates (zip 60169)
- The Sales Tax Rate for Hoffman Estates (zip 60169) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Hoffman Estates (zip 60169) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hoffman Estates (zip 60169)
- The average income of a Hoffman Estates (zip 60169) resident is $34,220 a year. The US average is $37,638 a year.
- The Median household income of a Hoffman Estates (zip 60169) resident is $82,177 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoffman Estates, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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