Hoffman Estates, Illinois is a part of the Schaumburg/Hoffman Submarket submarket area, and contains 3 zip codes: 60179, 60169, and 60192.
The 2019 average effective rent for Class A, B, and C apartments in the Hoffman Estates, IL submarket area was $1,213, which is 6.68% higher than 2014 average rent. This represents a compounded annual growth rate of 1.30%. 2019 vacancy in Hoffman Estates, IL was 3.40%.
The total population of the city of Hoffman Estates, IL has decreased 1.35% since 2010. As of 2018, the population was 51,197. The median household income of the Hoffman Estates was $89,666, which is 48.72% higher than the national average.