Located in the state of Illinois, Hoffman Estates is a medium-sized city with a population of 51,727 inhabitants. Hoffman Estates is known to be family friendly as more than 82% of the population has already tied the knot. It might also be worth noting that 56% of residents also have children under the age of 18. When traveling to work, spending unnecessary time in your vehicle is not ideal. Across all of America, the average one way 26 is commute time minutes, unfortunately, living in Hoffman Estates offers up a higher than average one way commute time of 30 minutes.
Living in Hoffman Estates can be a positive experience for anyone relocating to the area. Having said that, in the state of Illinois, there are many incredible places to live, so choose wisely! Finding the best places to live in Hoffman Estates and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, education and other important metrics.
Using data and statistics Hoffman Estates has received a livability score of 79 out of 100. This score is ranked in the 91st percentile when compared to all other cities. Clearly, Hoffman Estates is doing something right, as this score ranks well above the average of most cities. The cherry on top is that Hoffman Estates also ranks in the top 10 percent of all cities. There are seven total categories that generate the livability score. Hoffman Estates ranks well for amenities (A+), crime (A+), employment (B-) and housing (B-). There are some categories that Hoffman Estates scores poorly for, including: cost of living (F) and weather (D-). It might be worth taking a closer look to determine why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Hoffman Estates on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Hoffman Estates has a violent crime rate of 97 crimes per 100,000 residents which is far lower than the national average.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Hoffman Estates has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Hoffman Estates. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Hoffman Estates are affordable. Median real estate prices in Hoffman Estates come in at $252,600, which is 44.5% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Hoffman Estates, the home price to income ratio is 2.9, which is 3.3% lower than the Illinois average. Real estate appreciation rates in Hoffman Estates are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Hoffman Estates homes comes in at 3.7%, and the 5 year appreciation rates were 5.8%.
|Indian Head Park, IL||86||24.4||3,823|
|Clarendon Hills, IL||81||21||8,641|
|Pistakee Highlands, IL||81||23.5||3,263|