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ZipNumbers

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

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