Algonquin, IL Employment - Median Household Income, Unemployment Rate

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56%

Income/capita NAT. AVG.

98%

Household income NAT. AVG.

6%

Unemployment NAT. AVG.

Index	Algonquin	Illinois	National
Income per capita	$70,099	$47,397	$44,883
Median household income	$160,762	$88,967	$81,333
Median income owner occupied	$181,913	$111,557	$106,172
Median income renter occupied	$96,317	$52,117	$52,080
Median earnings male	$99,740	$60,185	$54,343
Median earnings female	$52,674	$40,368	$38,439
Unemployment rate	4.6%	6.6%	4.9%
Poverty level	4.2%	14.0%	15.1%

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Key findings

The income per capita in Algonquin is 56% higher than the national average
The median household income in Algonquin is 98% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Algonquin is 6% lower than the national average
The poverty level in Algonquin is 72% lower than the national average

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am i middle class

$107,163 $160,762 $321,524

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Algonquin median earnings by income bracket

Algonquin employment by industry

Labour Type	Male	Female
Construction industry	7.6%	7.6%
Manufacturing sector	18.5%	18.5%
Financial & insurance services	5.0%	5.0%
Wholesale & retail services	18.3%	18.3%
Public administration	2.4%	2.4%
Transportation, warehousing & utilities	7.8%	7.8%
Education, health & social services	6.7%	6.7%
Other	29.3%	29.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Kildeer, IL	4,158	$320,299	293.8%
Hawthorn Woods, IL	8,495	$305,140	275.2%
North Barrington, IL	2,886	$292,563	259.7%
Trout Valley, IL	522	$287,475	253.5%
Inverness, IL	8,231	$281,537	246.2%
Algonquin, IL	31,826	$160,762	97.7%

Cities with similar population

City	Population	Household Income	National Avg.
Sterling, VA	31,816	$152,196	87.1%
Petersburg, VA	31,836	$65,079	20.0%
Centereach, NY	31,808	$160,199	97.0%
Winter Park, FL	31,768	$118,434	45.6%
Sherwood, AR	31,910	$93,879	15.4%
Algonquin, IL	31,826	$160,762	97.7%

Source: The Algonquin, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.