Algonquin, IL Community Information

Algonquin, IL Homes for Sale

Algonquin, IL Community Information

Population

36,966

Median Age

32.4

Median Household Income

$95,280

Households with Children

55.02%

Median Travel Time to Work

35 minutes

Algonquin, IL Real Estate Market Information

Homes Owned

93.06%

Homes Rented

5.21%

Homes Vacant

1.74%

Algonquin, IL Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

Algonquin, IL School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 36,966
  • Total Male Population 18,461
  • Total Female Population 18,505
  • Population change since 2000 48.47%
  • Median age 32.4
  • Percent of households with children 55.02%
  • Personal Crime risk 17

Transportation

  • Median travel time to work 35 minutes
  • Percent using Public transportation 2.31%
  • Percent Driving/Using Carpool 90.87
  • Percent Using Other transportation 1.75%
  • Percent Working From Home 5.07%

Education Levels

  • Some high school 4.24%
  • High school graduate 22.72%
  • Some college 23.61%
  • Associate degree 9.22%
  • Bachelor's degree 28.69%
  • Graduate degree 11.50%

Occupation

  • Agriculture, forestry, and fishing 0.18%
  • Construction 5.89%
  • Manufacturing 16.92%
  • Wholesale Trade 5.09%
  • Retail Trade 11.86%
  • Finance, insurance and real estate 8.79%
  • Services 4.69%
  • Public administration 2.12%
  • Information 3.86%
  • Professional 10.82%
  • Education 16.52%
  • Arts 5.88%

Income

  • Average household income $110,648
  • Income change since 2000 19.10%

Climate

  • Avg. January high/low temp 28.54 / 11.50
  • Avg. July high/low temp 83.44 / 61.18
  • Annual precipitation 36.63
© 2013 HomeFinder.com, LLC Equal Housing Opportunity