Last updated: 2024 BLS data · Page refreshed:
Hoffman Estates has a population of 51,175 with a median age of 39.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 51,175 |
| Median Age | 39.2 |
| White | 50.0% |
| Black or African American | 6.1% |
| Asian | 25.2% |
| Hispanic or Latino | 17.0% |
| Other / Two or More Races | 1.7% |
The median household income in Hoffman Estates is $106,806, which is 32.5% above the national median of $80,610. The per capita income is $48,050. The poverty rate is 7.1%.
The unemployment rate in Hoffman Estates is 4.4%, compared to the national rate of 4.1%.
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In Hoffman Estates, 91.8% of residents age 25+ have a high school diploma or higher, and 48.5% hold a bachelor's degree or higher (17.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.8% |
| Bachelor's Degree or Higher | 48.5% |
| Graduate or Professional Degree | 17.6% |
The median home value in Hoffman Estates is $351,900, above the national median of $303,400. The median monthly rent is $1,734. The homeownership rate is 74.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $351,900 |
| Median Monthly Rent | $1,734 |
| Homeownership Rate | 74.2% |
| Vacancy Rate | 4.1% |
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