Algonquin is a medium-sized village located in the state of Illinois. With a population of 30,897 people and five constituent neighborhoods, Algonquin is the 66th largest community in Illinois.
Algonquin real estate is some of the most expensive in Illinois, although Algonquin house values don't compare to the most expensive real estate in the U.S.
Unlike some villages where white-collar or blue-collar occupations dominate the local economy, Algonquin is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Algonquin is a village of sales and office workers, professionals, and managers. There are especially a lot of people living in Algonquin who work in management occupations (17.06%), office and administrative support (13.11%), and sales jobs (12.99%).
Also of interest is that Algonquin has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Algonquin telecommute to their jobs. Overall, about 7.95% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Algonquin is a great place for families with children to consider. First of all, many other families with children live here, making Algonquin a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Algonquin has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Algonquin’s overall crime rate is lower than average for the country.
In Algonquin, however, the average commute to work is quite long. On average, people spend 34.84 minutes each day getting to work, which is significantly higher than the national average.
The citizens of Algonquin are among the most well-educated in the nation: 44.49% of adults in Algonquin have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Algonquin in 2018 was $43,549, which is wealthy relative to Illinois and the nation. This equates to an annual income of $174,196 for a family of four.
Algonquin is a somewhat ethnically-diverse village. The people who call Algonquin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Algonquin residents report their race to be White, followed by Asian. Important ancestries of people in Algonquin include German, Polish, Irish, Italian, and English.
The most common language spoken in Algonquin is English. Other important languages spoken here include Spanish and Polish.