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Apartments For Rent in Schaumburg, IL

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Apartments for Rent in Schaumburg, IL

Schaumburg, Illinois is a town with slightly less than 75,000 residents. Young professionals will fit right in, as they make up an above-average percentage of the community. Renters tend to be in the minority in Schaumburg, and 65% of residents own their homes. The average rent for Schaumburg is $329/month more than the state average.

With an average commute time of about 32 minutes, slower than most cities in Illinois, Schaumburg residents find that it takes some patience traveling to work. Driving a vehicle is the typical mode of getting to work, chosen by 48% of commuters, while public transit is used by only 3% of the city. Walking isn't a common way to get to work.

Compared to the national average (7%), Schaumburg has a high number of residents over the age of 25 who have advanced degrees, as 11% have earned a Master's or a Doctoral degree. In addition, 22% have a Bachelor's degree, which also outpaces the national average. There are plenty of industries from which to choose in Schaumburg, the most common four of which are retail, manufacturing, scientific, and healthcare. Combined, these industries make up 28% of the labor force in the city. Meanwhile, looking at job function, many workers in these industries are in sales, which ranks as the top profession in the city. With an average annual income of around $90,000, Schaumburg workers take home more than their peers elsewhere in the state. Schaumburg's average income also compares favorably to the national average ($73,345).