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Illinois · Census place 68003

Schaumburg village, IL

Quick answer

Schaumburg village has 76,780 residents, ranking #13 of 1462 places in Illinois. Median household income is $94,690, the median home is worth $312,200 and median gross rent runs $1,774 a month.

Population
76,780Schaumburg village residents
Median household income
$94,690Past 12 months, inflation adjusted
Median home value
$312,200Owner-occupied units
Median gross rent
$1,774Rent plus utilities, monthly
Median age
39.7 yrsAll residents
Homeownership rate
61.8%Owner-occupied households

What the numbers mean in Schaumburg village

Housing cost measured against local earnings.

A household earning the Schaumburg village median would spend about 22.5% 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 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6% of residents and 61.8% 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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