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Apartments For Rent in Hoffman Estates, IL

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Apartments for Rent in Hoffman Estates, IL

A town in Illinois, Hoffman Estates has approximately 52,000 residents. The city's residents, with an average age of just under 38, skew younger than most cities in Illinois. Renters tend to be in the minority in the city, and 73% of residents own their homes. Relatively high rent costs may play a role, as the average rent of $1,316 a month is substantially higher than the state average of $1,052.

Compared to the national average (7%), Hoffman Estates has a high concentration of residents over the age of 25 who have advanced degrees, as 11% possess a Master's or a Doctorate. Furthermore, 20% have earned a Bachelor's degree, which also outpaces the national average. Hoffman Estates residents have a plethora of industries from which to choose, the most common five of which are retail, manufacturing, healthcare, entertainment, and scientific. Together, these industries account for 33% of the workforce in the city. Meanwhile, in terms of job function, many of the city's workers are in sales, as 9% of the city's population reports this as their field of work, the highest number of any profession. Hoffman Estates workers earn an average annual income of about $96,000, more than the state average. The city's average income also compares favorably to the national average of $73,345.

With an average commute time of about 33 minutes, longer than most cities in the state, Hoffman Estates residents know that it takes some patience getting to work. Many residents (48%) commute to work by car or truck, while public transportation is not used much. Walking isn't a common method of commuting to work.