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Hoffman Estates village, Illinois Demographics & Population 2026

As of 2026, Hoffman Estates village, Illinois has a total population of 51,186, the 29th largest city in Illinois, with a median household income of $109,683, which is 34% higher than the state average. The poverty rate is 5.3%.

Key Takeaways

Hoffman Estates village Quick Facts

Population 51,186
Median Household Income $109,683
Median Home Value $340,400
Poverty Rate 5.3%
Unemployment Rate 3.6%
Median Age 38.9 years
Homeownership Rate 74.2%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 46.9%
High School Graduation Rate 91.5%
Diversity Index 67/100
Population 51,186 29th of 1,445
Median Income $109,683 top 20%
Poverty Rate 5.3% 57% lower national
Median Home Value $340,400 top 10%

How Hoffman Estates village Compares

Economy & Housing

Employment

3.6% Unemployment Rate State: 5.8% | National: 5.2%
70.3% Labor Force Participation

Housing Overview

Owner 74.2%
Renter 25.8%
Affordability Index Affordable
3.1x home value to income ratio

People & Demographics

Diversity Index

67out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 60 | National average: 60

Education

Hoffman Estates village Rankings in Illinois

#29 Population of 1,445
#155 Median Income of 1,445
#132 Education of 1,445
#107 Home Value of 1,445

Cities Similar to Hoffman Estates village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Oak Park village53,315$108,026$456,30072.5%6.7%
Downers Grove village49,867$119,649$439,00058.8%4.9%
Wheaton city53,453$119,566$447,70064.1%5.9%
Tinley Park village55,007$103,819$289,00038.4%5.2%
Mount Prospect village55,648$103,911$377,00048.6%5.9%

Population Overview

Hoffman Estates village is a mid-sized community located in Illinois. The total population is 51,186. It ranks as the 29th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Hoffman Estates village is 38.9 years. This is about average than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Hoffman Estates village is $109,683. This is 34% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 40% higher. The poverty rate stands at 5.3%. This is 55% lower than the state poverty rate of 11.7%. The unemployment rate is 3.6%. This is 38% lower than the state rate of 5.8%. The median home value is $340,400. Housing costs are 36% higher than the state median of $250,500. The home-value-to-income ratio is 3.1x. 74.2% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Hoffman Estates village is White (non-Hispanic), making up 48.7% of the population. Asian residents account for 23.6%. The Black or African American population (5.0%) is well below the state average of 13.6%. The Asian population is significantly higher than the state average (23.6% vs 5.8%).

Education

46.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Hoffman Estates village in the top 10% of all cities in the state for educational attainment. This is 26% higher than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.5%. Notably, 16.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Hoffman Estates village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Hoffman Estates village, Illinois?

Hoffman Estates village, Illinois has a population of 51,186 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hoffman Estates village, IL?

The median household income in Hoffman Estates village is $109,683, which is 40% higher the national median of $78,538.

What is the poverty rate in Hoffman Estates village, IL?

The poverty rate in Hoffman Estates village is 5.3%. This means approximately 2,707 residents live below the federal poverty line.

What is the racial makeup of Hoffman Estates village, Illinois?

Hoffman Estates village's population is 48.7% White, 5.0% Black, 19.1% Hispanic/Latino, and 23.6% Asian.

What is the median home value in Hoffman Estates village, IL?

The median home value in Hoffman Estates village is $340,400. The home-value-to-income ratio is 3.1x.

How educated is Hoffman Estates village, Illinois?

46.9% of adults (25+) in Hoffman Estates village hold a bachelor's degree or higher, and 16.8% hold a graduate or professional degree.