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Hoffman Estates

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Hoffman Estates

In 2017, Hoffman Estates, IL had a population of 51.6k people with a median age of 38 and a median household income of $87,608. Between 2016 and 2017 the population of Hoffman Estates, IL declined from 51,727 to 51,631, a -0.186% decrease and its median household income declined from $88,733 to $87,608, a -1.27% decrease. The population of Hoffman Estates, IL is 49.6% White Alone, 27.7% Asian Alone, and 15.9% Hispanic or Latino. 41.1% of the people in Hoffman Estates, IL speak a non-English language, and 85.8% are U.S. citizens. The largest universities in Hoffman Estates, IL are Ambria College of Nursing (145 degrees awarded in 2016). The median property value in Hoffman Estates, IL is $261,700, and the homeownership rate is 74.1%. Most people in Hoffman Estates, IL commute by Drove Alone, and the average commute time is 29.4 minutes. The average car ownership in Hoffman Estates, IL is 2 cars per household.

Movers Location Economy

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The economy of Hoffman Estates, IL employs 28.5k people. The largest industries in Hoffman Estates, IL are Retail Trade (3,650 people), Manufacturing (3,583 people), and Health Care & Social Assistance (3,368 people), and the highest paying industries are Finance & Insurance ($76,522), Management of Companies & Enterprises ($74,000), and Professional, Scientific, & Technical Services ($70,487). Median household income in Hoffman Estates, IL is $87,608. Males in Hoffman Estates, IL have an average income that is 1.37 times higher than the average income of females, which is $52,403. The income inequality in Hoffman Estates, IL (measured using the Gini index) is 0.483, which is higher than than the national average.

Movers Location Housing

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The median property value in Hoffman Estates, IL was $261,700 in 2017, which is 1.2 times larger than the national average of $217,600. Between 2016 and 2017 the median property value increased from $252,600 to $261,700, a 3.6% increase. The homeownership rate in Hoffman Estates, IL is 74.1%, which is higher than the national average of 63.9%. People in Hoffman Estates, IL have an average commute time of 29.4 minutes, and they commute by Drove Alone. Car ownership in Hoffman Estates, IL is approximately the same as the national average, with an average of 2 cars per household.

Movers Location Moving Tip

Hoffman Estates

Send out notices before you’re stressed. Make a list of who you need to notify when you move. There are a lot of loose ends to tie up before you move to a new area. You should determine when and how you will accomplish these tasks in your moving checklist. When the time comes, either visit offices locally or be prepared to make some phone calls. By making this list in advance and setting the task for yourself in your calendar, you’re less likely to forget anyone.

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