Algonquin is a medium-sized village located in the state of Illinois. With a population of 29,951 people and seven associated neighborhoods, Algonquin is the 67th 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.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.96% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
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.
One downside of living in Algonquin, however, is that residents on average have to contend with a long commute, spending on average 33.30 minutes every day commuting to work.
Algonquin is one of the most well-educated cities in the nation. 43.55% of adults in Algonquin have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Algonquin in 2018 was $54,019, which is wealthy relative to Illinois and the nation. This equates to an annual income of $216,076 for a family of four.
Algonquin is a very 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. Algonquin also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.17% of the village’s residents. Important ancestries of people in Algonquin include German, Polish, Irish, Italian, and English.
The most common language spoken in Algonquin is English. Other important languages spoken here include Spanish and Polish.