Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.0 yrs |
|---|---|
| Avg HH Size | 2.74 |
| Below Poverty | 4.3% ▼ 57% below avg |
| College Grads | 56.1% ▲ 45% above avg |
| Unemployment | 4.5% ≈ Avg |
| No HS Diploma | 158 (0.7%) |
| HS Graduate | 4,679 (21.4%) |
| Some College | 2,020 (9.2%) |
| Associates | 2,755 (12.6%) |
| Bachelors | 2,839 (13%) |
| Graduate Degree | 9,464 (43.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $128,070 ▲ 68% above avg |
|---|---|
| Median Home Value | $320,600 ▲ 15% above avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,826/mo |
| Total Housing Units | 12,076 |
| Vacant Units | 288 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Algonquin is a city in Illinois, located in McHenry County. The city spans 1 ZIP code and is home to approximately 32,303 residents. It is a middle-aged city, with a median age of 42 years.
Economically, Algonquin is a upper-middle-income community. The median household income of $128,070 is significantly above the national average. Approximately 4.3% of residents live below the poverty line. The unemployment rate is 4.5%, near the national average.
The real estate market in Algonquin is a mid-range housing market. Median home values stand at $320,600, which is near the national average. Renters typically pay around $1,826 per month. Homeownership is high at 88.0%, typical of suburban and family-oriented communities.
The population of Algonquin is well-educated. 56.1% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (74.5%).
Algonquin, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60102 | 32,303 | $128,070 | $320,600 | $1,826 | 4.5% | 56.1% | 88.0% |