Most Expensive Algonquin Neighborhoods
Algonquin is a medium-sized village located in the state of Illinois. With a population of 30,410 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.
Algonquin is a decidedly white-collar village, with fully 86.43% of the workforce employed in white-collar jobs, well above the national average. 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 (15.30%), sales jobs (15.22%) and office and administrative support (12.15%).
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.
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 36.14 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: 44.42% 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 2010 was $39,797, which is wealthy relative to Illinois and the nation. This equates to an annual income of $159,188 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, Irish, Polish, Italian, English and Swedish.
The most common language spoken in Algonquin is English. Other important languages spoken here include Spanish and Polish.
|NUMBER OF HOMES AND APARTMENTS||10,393|
|ALGONQUIN HOME OWNERSHIP|
|% OWNER OCCUPIED||88.51%|
|% RENTER OCCUPIED||11.49%|
|TYPE OF ALGONQUIN HOMES|
|SINGLE FAMILY DETACHED||72.34%|
|ROWHOUSES AND ATTACHED HOMES||20.26%|
|SMALL APARTMENT BUILDINGS||3.34%|
|COMPLEXES OR HIGH RISE APARTMENTS||4.06%|
|SIZE OF ALGONQUIN HOMES|
|5 OR MORE BEDROOMS||7.40%|
|AGE OF ALGONQUIN HOMES|
|NEWER HOMES (2000 OR LATER)||26.18%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||63.24%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||7.51%|
|HISTORIC (1939 OR BEFORE)||3.07%|
|ALGONQUIN REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$255,527|
|MEDIAN RENTAL PRICE||$1,487|
|HOME VALUE RANGE|
|$0 - $54,000||2.74%|
|$54,001 - $109,000||2.20%|
|$109,001 - $218,000||29.44%|
|$218,001 - $327,000||36.25%|
|$327,001 - $435,000||21.69%|
|$435,001 - $544,000||5.89%|
|$544,001 - $816,000||1.40%|
|$816,001 - $1,088,000||0.00%|
|PEOPLE OF ALGONQUIN||DETAILS|
|UNDER 5 YEARS||6.37%|
|5 TO 17||19.94%|
|18 TO 24||8.41%|
|25 TO 34||9.15%|
|35 TO 54||34.04%|
|55 TO 64||12.59%|
|65 YEARS AND OVER||9.51%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.70%|
|MEDIAN HOUSEHOLD INCOME||$100,534|
|PER CAPITA INCOME||$39,797|
|INDIVIDUALS BELOW POVERTY LEVEL||3.49%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (14.97%)
Professional, scientific, and technical services (9.76%)
Information Technology (3.65%)
Real estate (2.09%)
Public Service (2.03%)
|BLACK OR AFRICAN AMERICAN||1.88%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.15%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||1.06%|
|TWO OR MORE RACES||1.53%|
|HISPANIC OR LATINO (OF ANY RACE)||6.66%|
|ETHNICITIES PRESENT||German (29.16%)
|LANGUAGES SPOKEN||English (83.27%)
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