Rolling Meadows, IL
Population 23,981 · Illinois
About Rolling Meadows, IL
Rolling Meadows is a mid-sized city located in Illinois with a population of 23,981 residents according to the latest US Census Bureau American Community Survey data. The median household income is $100,424 per year, which is 34% above the national median of $75,149. The median age of 38.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Rolling Meadows features a median home value of $299,700, which is 22% above the national median of $244,900. This positions Rolling Meadows in a moderately priced market relative to the rest of the country. Median monthly rent is $1,563, 34% above the national average of $1,163/month. Of the 9,637 total housing units, 73% are owner-occupied (6,639 units) and 27% are renter-occupied (2,426 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rolling Meadows shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rolling Meadows have an average one-way commute time of 26.5 minutes.
Education & Demographics
40.5% of Rolling Meadows residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 23.3% White, 1.0% Hispanic or Latino, 1.3% Black or African American, and 4.4% Asian residents, with 27.1% of the population being foreign-born.
Cost of Living in Rolling Meadows, IL
Compared to national averages, Rolling Meadows has a median household income of $100,424 (34% above the national median of $75,149). Home values average $299,700, which is 22% above the national median. Monthly rent at $1,563 is 34% above the US average of $1,163. Within Illinois, Rolling Meadows's income is 34% above the state average of $75,072, and home values are 81% above the state median of $165,779.
Why Live in Rolling Meadows, IL?
Rolling Meadows offers a strong local economy with a median household income of $100,424, well above the national average, and a well-educated community where 40.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.8%, better than the national average.
Rolling Meadows has a population of 23,981 with a median age of 38.5 years. Compare Rolling Meadows with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Rolling Meadows
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elmwood Park | 23,982 | $84,121 | $325,000 | Compare |
| South Elgin | 23,984 | $123,744 | $296,100 | Compare |
| Collinsville | 24,126 | $65,170 | $157,700 | Compare |
| Westmont | 24,201 | $83,622 | $369,100 | Compare |
| Freeport | 23,636 | $48,181 | $86,100 | Compare |
| Kankakee | 24,384 | $45,119 | $105,500 | Compare |
| Zion | 24,466 | $62,574 | $179,100 | Compare |
| Belvidere | 24,510 | $62,462 | $153,100 | 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.
Compare Rolling Meadows With Other Cities
Frequently Asked Questions about Rolling Meadows
What is the population of Rolling Meadows, IL?
The population of Rolling Meadows, IL is 23,981 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Rolling Meadows?
The median household income in Rolling Meadows, IL is $100,424 per year, which is 34% above the national median of $75,149.
What is the median home value in Rolling Meadows?
The median home value in Rolling Meadows, IL is $299,700, which is 22% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rolling Meadows?
The median monthly rent in Rolling Meadows, IL is $1,563, which is 34% above the national average of $1,163/month.
What is the unemployment rate in Rolling Meadows?
The unemployment rate in Rolling Meadows, IL is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Rolling Meadows, IL a good place to live?
Rolling Meadows offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 23,981 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Rolling Meadows, IL?
40.5% of residents in Rolling Meadows aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Rolling Meadows?
Key cost-of-living indicators for Rolling Meadows, IL: median home value is $299,700 (22% above national), median rent is $1,563/month, and median household income is $100,424. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Rolling Meadows?
The poverty rate in Rolling Meadows, IL is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rolling Meadows, IL?
Rolling Meadows's population is 23.3% White, 1.0% Hispanic or Latino, 1.3% Black or African American, 4.4% Asian, and 3.4% two or more races. 27.1% of residents are foreign-born.