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Hoffman Estates, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Hoffman Estates, Illinois had a total population of 51,175, the 29th largest village in Illinois, with a median household income of $106,806, which is 28% higher than the state average. The poverty rate is 7.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hoffman Estates Quick Facts

Population 51,175
Median Household Income $106,806
Median Home Value $351,900
Poverty Rate 7.1%
Unemployment Rate 4.2%
Median Age 39.2 years
Homeownership Rate 74.2%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 48.5%
High School Graduation Rate 91.8%
Diversity Index 67/100
Population 51,175 29th of 1,445
Median Income $106,806 top 20%
Poverty Rate 7.1% 43% lower than national
Median Home Value $351,900 top 10%

How Hoffman Estates Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population51,18651,175-0.0%
Median household income$109,683$106,806-2.6%
Median home value$340,400$351,900+3.4%

How Hoffman Estates Compares

Economy & Housing

Household Income Distribution

Under $25K 7.1%
$25K-$50K 12.7%
$50K-$100K 25.7%
$100K+ 54.5%
Detailed income brackets
Under $10K
3.0%
$10K-$15K
1.1%
$15K-$20K
1.8%
$20K-$25K
1.1%
$25K-$30K
1.9%
$30K-$35K
2.2%
$35K-$40K
2.8%
$40K-$45K
3.3%
$45K-$50K
2.5%
$50K-$60K
6.2%
$60K-$75K
6.1%
$75K-$100K
13.5%
$100K-$125K
11.2%
$125K-$150K
9.7%
$150K-$200K
15.2%
$200K+
18.4%

Employment

4.2% Unemployment Rate State: 5.8%|National: 5.2%
69.3% Labor Force Participation

Housing Overview

Owner 74.2%
Renter 25.8%
Affordability Index Affordable
3.3x home value to income ratio
Median gross rent $1,734/mo 19.5% of median household income annually

People & Demographics

Diversity Index

67out of 100
High Diversity

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

State average: 61 | National average: 61

Education

Hoffman Estates Rankings in Illinois

#29 Population of 1,445
#194 Median Income of 1,374
#125 Education of 1,444
#107 Home Value of 1,372

Other Cities in Cook County

CityPopulationMedian IncomePovertyHome Value
Chicago 2,711,226 $77,902 16.8% $334,100
Elgin 114,934 $90,282 9.8% $273,000
Cicero 82,797 $70,842 14.6% $249,400
Schaumburg 76,868 $97,514 5.7% $330,400
Evanston 76,340 $96,434 11.8% $481,200
Arlington Heights 76,005 $116,723 6.0% $414,500
Palatine 66,293 $97,819 8.2% $355,600
Skokie 66,219 $95,337 9.7% $387,200
Des Plaines 59,156 $97,875 6.0% $335,600
Orland Park 57,916 $98,910 7.3% $367,200

Cities Similar to Hoffman Estates

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Oak Park53,292$110,820$465,50072.5%7.4%
Downers Grove50,054$115,114$449,80058.2%5.5%
Tinley Park54,842$105,189$299,90037.0%5.0%
Wheaton53,557$120,008$455,70064.5%5.6%
Mount Prospect55,472$101,720$397,40048.5%6.6%

Population Overview

Hoffman Estates is a mid-sized community located in Illinois, within Cook County. The total population is 51,175. It ranks as the 29th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Hoffman Estates is 39.2 years. This is about the same as the state median of 39.0 years.

Economy, Income & Housing

The median household income in Hoffman Estates is $106,806. This is 28% higher than the state median of $83,390. It is also 32% higher than the national median of $80,734. The poverty rate stands at 7.1%. This is 39% lower than the state poverty rate of 11.8%. The unemployment rate is 4.2%. This is 29% lower than the state rate of 5.8%. The median home value is $351,900. Housing costs are 34% higher than the state median of $263,300. The home-value-to-income ratio is 3.3x. 74.2% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Hoffman Estates is White (non-Hispanic), making up 47.9% of the population. Asian residents account for 25.1%. The Black or African American population (5.5%) is well below the state average of 13.3%. The Asian population is significantly higher than the state average (25.1% vs 5.9%).

Education

48.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Hoffman Estates in the top 10% of all cities in the state for educational attainment. This is 28% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.8%. Notably, 17.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Hoffman Estates, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hoffman Estates, Illinois?

Hoffman Estates, Illinois has a population of 51,175 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Hoffman Estates is $106,806, which is 32% higher than the national median of $80,734.

What is the poverty rate in Hoffman Estates, IL?

The poverty rate in Hoffman Estates is 7.1%. This means approximately 3,629 residents live below the federal poverty line.

What is the racial makeup of Hoffman Estates, Illinois?

Hoffman Estates's population is 47.9% White, 5.5% Black, 17.0% Hispanic/Latino, and 25.1% Asian.

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

The median home value in Hoffman Estates is $351,900. The home-value-to-income ratio is 3.3x.

How educated is Hoffman Estates, Illinois?

48.5% of adults (25+) in Hoffman Estates hold a bachelor's degree or higher, and 17.5% hold a graduate or professional degree.