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Schaumburg, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Schaumburg, Illinois had a total population of 76,868, the 13th largest village in Illinois, with a median household income of $97,514, which is 17% higher than the state average. The poverty rate is 5.7%.

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

Key Takeaways

Schaumburg Quick Facts

Population 76,868
Median Household Income $97,514
Median Home Value $330,400
Poverty Rate 5.7%
Unemployment Rate 3.5%
Median Age 39.6 years
Homeownership Rate 62.9%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 50.4%
High School Graduation Rate 95.7%
Diversity Index 63/100
Population 76,868 13th of 1,445
Median Income $97,514 top 20%
Poverty Rate 5.7% 55% lower than national
Median Home Value $330,400 top 10%

How Schaumburg 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
Population76,78076,868+0.1%
Median household income$94,690$97,514+3.0%
Median home value$312,200$330,400+5.8%

How Schaumburg Compares

Economy & Housing

Household Income Distribution

Under $25K 8.9%
$25K-$50K 13.1%
$50K-$100K 29.9%
$100K+ 48.1%
Detailed income brackets
Under $10K
3.4%
$10K-$15K
1.6%
$15K-$20K
2.2%
$20K-$25K
1.7%
$25K-$30K
2.4%
$30K-$35K
2.4%
$35K-$40K
2.9%
$40K-$45K
2.5%
$45K-$50K
2.9%
$50K-$60K
5.2%
$60K-$75K
9.3%
$75K-$100K
15.4%
$100K-$125K
11.8%
$125K-$150K
7.9%
$150K-$200K
13.3%
$200K+
15.1%

Employment

3.5% Unemployment Rate State: 5.8%|National: 5.2%
68.9% Labor Force Participation

Housing Overview

Owner 62.9%
Renter 37.1%
Affordability Index Affordable
3.4x home value to income ratio
Median gross rent $1,812/mo 22.3% of median household income annually

People & Demographics

Diversity Index

63out of 100
High Diversity

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

State average: 61 | National average: 61

Education

Schaumburg Rankings in Illinois

#13 Population of 1,445
#262 Median Income of 1,374
#113 Education of 1,444
#141 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
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
Oak Lawn 56,861 $83,911 9.6% $281,200

Cities Similar to Schaumburg

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Evanston76,340$96,434$481,20069.5%11.8%
Bolingbrook74,096$108,400$314,70039.6%9.2%
Arlington Heights76,005$116,723$414,50060.4%6.0%
Bloomington78,907$77,384$203,30048.8%11.0%
Palatine66,293$97,819$355,60051.1%8.2%

Population Overview

Schaumburg is a mid-sized community located in Illinois, within Cook County. The total population is 76,868. It ranks as the 13th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Schaumburg is 39.6 years. This is 2% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Schaumburg is $97,514. This is 17% higher than the state median of $83,390. It is also 21% higher than the national median of $80,734. The poverty rate stands at 5.7%. This is 52% lower than the state poverty rate of 11.8%. The unemployment rate is 3.5%. This is 40% lower than the state rate of 5.8%. The median home value is $330,400. Housing costs are 25% higher than the state median of $263,300. The home-value-to-income ratio is 3.4x. 62.9% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Schaumburg is White (non-Hispanic), making up 53.7% of the population. Asian residents account for 23.8%. The Black or African American population (5.7%) is well below the state average of 13.3%. The Asian population is significantly higher than the state average (23.8% vs 5.9%).

Education

50.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Schaumburg in the top 10% of all cities in the state for educational attainment. This is 33% 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 95.7%. Notably, 19.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Schaumburg, 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 Schaumburg, Illinois?

Schaumburg, Illinois has a population of 76,868 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Schaumburg, IL?

The median household income in Schaumburg is $97,514, which is 21% higher than the national median of $80,734.

What is the poverty rate in Schaumburg, IL?

The poverty rate in Schaumburg is 5.7%. This means approximately 4,321 residents live below the federal poverty line.

What is the racial makeup of Schaumburg, Illinois?

Schaumburg's population is 53.7% White, 5.7% Black, 12.7% Hispanic/Latino, and 23.8% Asian.

What is the median home value in Schaumburg, IL?

The median home value in Schaumburg is $330,400. The home-value-to-income ratio is 3.4x.

How educated is Schaumburg, Illinois?

50.4% of adults (25+) in Schaumburg hold a bachelor's degree or higher, and 19.7% hold a graduate or professional degree.