Elk Grove Village village
Illinois
Thinking about putting down roots in Elk Grove Village? You're in for a treat. This Chicago suburb offers a fantastic blend of affordability and suburban charm. With a population just over 32,000, it maintains a close-knit community feel, but the real draw is the cost of living. You'll find median home values hovering around $324,600, remarkably close to the national average, making it an accessible option for first-time homebuyers or those looking to upgrade without breaking the bank. The vibe here is undeniably family-friendly, with well-maintained parks, top-rated schools, and a general sense of safety that's hard to beat. It's a place where neighbors know each other and community events are a regular occurrence.
From an investment perspective, Elk Grove Village is a smart choice. The median household income is a robust $93,832, significantly higher than the national average, indicating a stable and financially secure population. This translates to a strong housing market with consistent demand. While specific unemployment figures aren't available, the strong local economy is supported by a mix of residential and industrial areas. It's an ideal location for families, young professionals, and anyone seeking a safe, affordable, and well-connected community with easy access to Chicago.
Elk Grove Village village, Illinois at a Glance
Elk Grove Village village is a city in Illinois with a population of approximately 32,498. The median home value is $324,600 and the median household income is $93,832.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $1,541 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$324,600
Median Income
$93,832
Population
32,498
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 32,498
- Median Age
- N/A
- Median Household Income
- $93,832
26% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 5.4%
56% below nat'l avg
- Median Home Value
- $324,600
15% above nat'l avg
- Median Rent
- $1,541
33% above nat'l avg
- Homeownership Rate
- 74.7%
13% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 4.2%
14% above nat'l avg
- Poverty Rate
- 5.4%
56% below nat'l avg
Weather & Climate in Elk Grove Village village
Avg High
63°F
Avg Low
45°F
Annual Rainfall
37.7"
Avg Humidity
69%
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Elk Grove Village village
Summer Concert Series
Free outdoor concerts throughout the summer at various parks.
Elk Grove Village Farmers Market
A weekly market offering fresh produce, crafts, and local goods.
Midwest SOARRING Foundation Air Show
Annual air show featuring aerial performances and static displays.
Holiday Tree Lighting Ceremony
Annual event to celebrate the holiday season with music, activities, and the lighting of the village Christmas tree.
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