Algonquin, IL Employment - Median Household Income, Unemployment Rate

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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 99% 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

$73,205 $109,819 $219,638

City

$39,460 $59,196 $118,392

State

$36,877 $55,322 $110,644

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	4,007	$212,500	284.1%
Hawthorn Woods, IL	8,313	$206,875	273.9%
North Barrington, IL	2,789	$197,188	256.4%
Trout Valley, IL	509	$190,231	243.9%
Inverness, IL	7,959	$185,558	235.4%
Algonquin, IL	30,848	$109,819	98.5%

Cities with similar population

City	Population	Household Income	National Avg.
Sterling, VA	30,872	$101,079	82.7%
Los Altos, CA	30,878	$240,094	334.0%
Fair Oaks, CA	30,882	$89,217	61.3%
Cleburne, TX	30,812	$51,475	7.0%
Centre Wellington, ON	30,896	n/a
Algonquin, IL	30,848	$109,819	98.5%

Source: The Algonquin, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Algonquin	Illinois	National
Income per capita	$46,601	$31,502	$29,829
Median household income	$109,819	$59,196	$55,322
Median income owner occupied	$123,388	$75,354	$70,586
Median income renter occupied	$65,280	$34,488	$35,192
Median earnings male	$67,178	$40,474	$36,919
Median earnings female	$35,277	$27,197	$26,250
Unemployment rate	4.4%	5.3%	4.7%
Poverty level	4.2%	14.0%	15.1%