Illinois · Census place 35411
Hoffman Estates village, IL
Quick answer
Hoffman Estates village has 51,186 residents, ranking #29 of 1462 places in Illinois. Median household income is $109,683, the median home is worth $340,400 and median gross rent runs $1,764 a month.
- Population
- 51,186Hoffman Estates village residents
- Median household income
- $109,683Past 12 months, inflation adjusted
- Median home value
- $340,400Owner-occupied units
- Median gross rent
- $1,764Rent plus utilities, monthly
- Median age
- 38.9 yrsAll residents
- Homeownership rate
- 74.2%Owner-occupied households
What the numbers mean in Hoffman Estates village
Housing cost measured against local earnings.
A household earning the Hoffman Estates village median would spend about 19.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.3% of residents and 74.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Wheaton city 53,453
- Oak Park village 53,315
- Normal town 52,908
- Downers Grove village 49,867
- Glenview village 47,682
- Plainfield village 45,705
- Elmhurst city 45,538
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More Illinois coverage.