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Hoffman Estates has a population of approximately 52,153 and experiences a population change rate of 5.37%. The population density is 2,476.8 / sq mi .
The median household income for Hoffman Estates is $96,274, with 18,450 households and an average household size of 2.82.
The median value of a home in Hoffman Estates is $309,400 with an appreciation rate of 12.70%. 69.31% of housing in the state is owned while 26.26% is rented.
The cost of living in Hoffman Estates is 121.2 %.
The unemployment rate in Hoffman Estates is 2.60%, and recent job growth is at 1.09%. Future job growth is projected at 47.86%.
The sales tax rate in Hoffman Estates is 10.00%, while the income tax rate is 4.95% .
School expenditures in Hoffman Estates are $21,907, and the school ratio is 14:1.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 37.9 inches per year, with 33 inches of snow per year.
