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Carpentersville, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
37,346
Population
$86,917
Median Income
$234,100
Home Value
33.8
Median Age

Demographics

Carpentersville has a population of 37,346 with a median age of 33.8. Here is the racial and ethnic breakdown of the population:

Hispanic
57.4%
White
36.8%
Black
5.1%
Asian
4.1%
Demographic Value
Total Population37,346
Median Age33.8
White36.8%
Black or African American5.1%
Asian4.1%
Hispanic or Latino57.4%
Carpentersville, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 103.Hispanic/Latino: 55.5%White: 35.6%Black: 4.9%Asian: 4.0%37,346PopulationHispanic/LatinoHispanic/Latino55.5%WhiteWhite35.6%BlackBlack4.9%AsianAsian4.0%

Income & Economy

The median household income in Carpentersville is $86,917, which is 7.8% above the national median of $80,610. The per capita income is $31,916. The poverty rate is 10.3%.

$86,917
Median Household Income
$31,916
Per Capita Income
10.3%
Poverty Rate

Employment

The unemployment rate in Carpentersville is 6.3%, compared to the national rate of 4.1%.

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Education

In Carpentersville, 77.0% of residents age 25+ have a high school diploma or higher, and 24.3% hold a bachelor's degree or higher (7.5% with a graduate or professional degree).

HS Diploma+
77.0%
Bachelor's+
24.3%
Graduate+
7.5%
Education Level % of Adults (25+)
High School Diploma or Higher77.0%
Bachelor's Degree or Higher24.3%
Graduate or Professional Degree7.5%

Housing

The median home value in Carpentersville is $234,100, below the national median of $303,400. The median monthly rent is $1,414. The homeownership rate is 71.5%.

$234,100
Median Home Value
$1,414/mo
Median Rent
71.5%
Homeownership Rate
Housing Metric Value
Median Home Value$234,100
Median Monthly Rent$1,414
Homeownership Rate71.5%
Vacancy Rate2.4%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Carpentersville, Illinois?
The population of Carpentersville, Illinois is 37,346 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Carpentersville, Illinois?
The median household income in Carpentersville, Illinois is $86,917. This is 7.8% above the national median of $80,610.
What is the median home value in Carpentersville, Illinois?
The median home value in Carpentersville, Illinois is $234,100. The median monthly rent is $1,414.
What percentage of people in Carpentersville have a college degree?
In Carpentersville, Illinois, 24.3% of adults age 25 and older hold a bachelor's degree or higher, and 77.0% have a high school diploma or higher.
Is Carpentersville, Illinois an affordable place to live?
The home price-to-income ratio in Carpentersville, Illinois is 2.7x (median home value $234,100 vs. median income $86,917), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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