Hoffman Estates, IL Overview

Summary

Population Growth (since 2000)3%
Population Density (ppl / mile)2,433.00
Household Size (ppl)2.793
Households w/ Children35%

Housing Stability

Annual Residential Turnover10%
5+ Years in Residency39%
Median Year in Residency3.81

Housing Inventory

Hoffman Estates, IL Housing Inventory 8114,34713,40913,4098114,34713,409

Market Overview

262 listings with an estimated median price of $308,700

PriceCount
$0 - 100K7
$100K - 200K35
$200K - 300K85
$300K - 400K85
$400K - 500K37
$500K - 600K9
$600K - 700K1
$700K - 800K1
$1M - Max2
Property TypeCount
Single Family202
Townhouse32
Condo20
Commercial3
Rental25
Lots and Land4
Condo/Town/CoOp1

(Data as of 12/7/2019)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Hoffman Estates, IL Population Demographics

Total: 50,615

Households:17,756

Median Age: 38.94

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Hoffman Estates, IL Temperature

Weather Risk

Hoffman Estates, IL Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Hoffman Estates, IL Education Climate Index

Highest Education Level Attained

Hoffman Estates, IL Highest Education Level Attained 6,9196,6472,5391,5381,5875,6459,2686,9196,6471,5381,5875,645

Employment and Finance

Workforce

Hoffman Estates, IL Workforce

Income by dollar range (Median Income: $78,859)

Hoffman Estates, IL Income by dollar range 5683853595377417796636876491,2891,7222,8232,1931,5201,98634347143

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$860
One Bedroom
$1,001
Two Bedroom
$1,176
Three Bedroom
$1,494
Four Bedroom
$1,780

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Hoffman Estates, IL Crime

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