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Algonquin village, Illinois

City

Population: 29,904 (2023 estimate)

Located in Illinois , Illinois

Census Bureau data for Algonquin village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Algonquin village

What is the median household income in Algonquin village?
The median household income in Algonquin village is $131,753 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Algonquin village?
The poverty rate in Algonquin village is 2.4% (U.S. Census Bureau ACS 2023).
What is the median home value in Algonquin village?
$324,000 (U.S. Census Bureau ACS 2023).
What is the average rent in Algonquin village?
The median gross rent in Algonquin village is $1,800 per month (U.S. Census Bureau ACS 2023).
What percentage of Algonquin village residents have a college degree?
43.6% of adults in Algonquin village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
29,904
Median Income
$131,753
Median Home Value
$324,000
Poverty Rate
2.4%
Unemployment (ACS 2023)
4.4%
Median Age
41.0 yrs
Since 2019 Median Income: +$28,897 (+28.1%) Home Value: +$68,300 (+26.7%) Poverty Rate: -0.9 pp (-27.3%) Bachelor's+: -2.6 pp (-5.6%) Unemployment: -0.6 pp (-12%)

Demographics

Total Population 29,904
Median Age 41.0
Female 49.6%
Race & Ethnicity
Hispanic or Latino 14.2% White (non-Hisp.) 74.0% Black 2.2% Asian 5.6% Two or More 7.9% Other 4.0%
Asian Subgroups (% of total pop.)
Indian
1.4%
Filipino
1.2%
Korean
1.1%
Chinese
0.4%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
10.3%
Puerto Rican
1.7%
Cuban
0.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $131,753 ±$11,686
+$50,051 vs. state
Per Capita Income $150,332
Median Family Income $147,158
Poverty Rate 2.4%
-5.8 pp vs. state
Child Poverty Rate 3.7%
Working-Age Poverty Rate
SNAP Recipients 3.0%
Social Security Income
Retirement Income 26.3%
Household Income Distribution
< $10k
2.0%
$10–15k
0.8%
$15–25k
2.0%
$25–35k
2.5%
$35–50k
5.1%
$50–75k
10.9%
$75–100k
12.5%
$100–150k
20.8%
$150–200k
23.6%
$200k+
19.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 11,080
Owner-Occupied 87.8%
Renter-Occupied 12.2%
Vacancy Rate 1.5%
Median Home Value $324,000
+$73,500 vs. state
Median Gross Rent $1,800
Owner Cost Burden (30%+) 16.2%
Renter Cost Burden (30%+) 31.7%
Home Value Distribution
< $50k
2.3%
$50–100k
0.3%
$100–200k
0.6%
$200–300k
33.9%
$300–500k
52.6%
$500k–$1M
4.8%
$1M+
0.2%
Gross Rent Distribution
$500–1k
16.8%
$1–1.5k
20.0%
$1.5–2k
22.0%
$2–2.5k
32.6%
$2.5–3.5k
2.3%
$3.5k+
6.4%
Vehicle Availability
No vehicle
6.0%
1 vehicle
17.7%
2 vehicles
46.6%
3+
29.6%
Housing Type
Single-fam. det.
74.3%
Single-fam. att.
17.8%
2–4 units
0.2%
5–19 units
0.9%
20+ units
3.6%
Housing Age
Pre-1940
3.5%
1940–1969
2.0%
1970–1999
8.1%
2000–2009
21.1%
2010+
6.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 95.2%
Bachelor's or Higher 43.6%
+6.4 pp vs. state
Graduate Degree 15.9%
Some College / Associate 18.2%
Less Than High School 1.7%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 73.6%
Unemployment Rate 4.4%
-1.4 pp vs. state
Work from Home 19.4%
Self-Employed 2.9%
Government Workers 13.0%
Private For-Profit 83.7%
Industry
Edu/Health
21.4%
Prof. Services
14.5%
Manufacturing
13.3%
Retail
12.5%
Finance
9.3%
Arts/Entmt.
5.6%
Transportation
5.6%
Construction
5.5%
Public Admin
3.2%
Information
2.9%
Wholesale
2.8%
Occupation
Management
48.5%
Sales
23.8%
Production
12.4%
Food Prep
9.9%
Construction
5.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 32.0 min
Drove Alone 72.9%
Carpool 5.0%
Public Transit 1.0%
Work from Home 19.4%
Walked 0.8%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 10,914
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 65.0%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 24.4%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.2%
5–9
5.6%
10–14
5.4%
15–19
7.2%
20–24
6.0%
25–34
13.5%
35–44
10.9%
45–54
14.0%
55–64
10.3%
65–74
7.2%
75–84
7.7%
85+
4.9%
Under 18: 21.0% Working age (18–64): 79.0% 65 and over: 14.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 12.2%
Naturalized Citizen 75.1%
Speaks English Less Than Very Well 6.2%
Foreign-Born Origin
Asia
32.9%
Latin America
31.2%
Europe
30.5%
Africa
4.9%

Veterans & Disability

Veteran 5.4%
With a Disability 9.1%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 95.6%
Uninsured 4.4%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 94.9%
Has a Computer 96.2%
Same House 1 Year Ago 92.2%
Moved from Abroad 0.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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