Hoffman Estates, IL
Population 51,186 · Illinois
About Hoffman Estates, IL
Hoffman Estates is a mid-sized city in Illinois with a population of 51,186 residents. The median household income is $109,683 per year, which is above the national average. The median age in Hoffman Estates is 38.9 years.
Housing in Hoffman Estates has a median home value of $340,400 and median monthly rent of $1,764. Of the 19,526 total housing units, the majority are owner-occupied, with 13,814 owner-occupied and 4,794 renter-occupied units.
The unemployment rate in Hoffman Estates is 3.6% and the poverty rate is 5.3%. 46.9% of residents hold a bachelor's degree or higher. The average commute time is 30 minutes.
How Hoffman Estates Ranks in Illinois
Cost of Living in Hoffman Estates, IL
Compared to national averages, Hoffman Estates has a median household income of $109,683 (46% above the national median of $75,149). Home values average $340,400, which is 39% above the national median. Monthly rent at $1,764 is 52% above the US average of $1,163. Within Illinois, Hoffman Estates's income is 46% above the state average of $75,072, and home values are 105% above the state median of $165,779.
Why Live in Hoffman Estates, IL?
Hoffman Estates offers a strong local economy with a median household income of $109,683, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 46.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.3%, better than the national average.
Hoffman Estates has a population of 51,186 with a median age of 38.9 years. Compare Hoffman Estates with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Hoffman Estates
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Downers Grove | 49,867 | $119,649 | $439,000 | Compare |
| Normal | 52,908 | $66,350 | $199,900 | Compare |
| Oak Park | 53,315 | $108,026 | $456,300 | Compare |
| Wheaton | 53,453 | $119,566 | $447,700 | Compare |
| Glenview | 47,682 | $138,758 | $598,800 | Compare |
| Tinley Park | 55,007 | $103,819 | $289,000 | Compare |
| Mount Prospect | 55,648 | $103,911 | $377,000 | Compare |
| Berwyn | 55,888 | $75,235 | $286,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hoffman Estates
What is the population of Hoffman Estates, IL?
The population of Hoffman Estates, IL is 51,186 according to the latest Census data.
What is the median household income in Hoffman Estates?
The median household income in Hoffman Estates, IL is $109,683 per year.
What is the median home value in Hoffman Estates?
The median home value in Hoffman Estates, IL is $340,400.
What is the average rent in Hoffman Estates?
The median monthly rent in Hoffman Estates, IL is $1,764.
What is the unemployment rate in Hoffman Estates?
The unemployment rate in Hoffman Estates, IL is 3.6%.