Can you afford to live in Schaumburg?
Median household income, home values and rent in Schaumburg, IL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.
U.S. Census Bureau, American Community Survey 5-year estimates.
This story was assembled using AI and public data sources.
What it costs to live in Schaumburg.
Median household income: $94,690 — +27.8% since 2015 (not adjusted for inflation)
Median gross rent: $1,774/mo — +42.5% since 2015
Median home value, 2015 to 2023
- 2015: 233400
- 2023: 312200
Median household income
- Schaumburg: 94690
- Cook County: 81797
- IL: 81702
- U.S.: 78538
Median gross rent
- Schaumburg: 1774
- Cook County: 1381
- IL: 1227
- U.S.: 1348
Share of income a typical renter spends on rent: 25.9% — U.S.: 30.2%
What it means
The typical household here earns $94,690 — notably higher than the national figure of $78,538.
The typical renter here spends 25.9% of household income on rent, below the 30% cost-burden line.
Since 2015, rent has risen faster than income here (+42.5% versus +27.8%), before adjusting for inflation.
Sources
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — Population, income, housing, education, commuting and poverty figures
- Census Bureau API — ACS Detailed Tables — The endpoint these pages are generated from
- data.census.gov — Look up the same tables for any place yourself
- ACS accuracy statement — Estimates carry margins of error; small places vary the most
Loading the live page…