The median household income in Algonquin, IL in 2022 was $128,111, which was 40.1% greater than the median annual income of $76,708 across the entire state of Illinois. Compared to the median income of $79,730 in 2000 this represents an increase of 37.8%. The per capita income in 2022 was $53,285, which means an increase of 44.0% compared to 2000 when it was $29,820.
Whole page based on the data from 2000 / 2022 when the population of Algonquin, Illinois was 23,276 / 29,947
Income statistics for all residents
Median household income in Algonquin, IL in 2022:
Algonquin:
$128,111
State:
$76,708
Change in median household income between 2000 and 2022:
Algonquin, Illinois:
+60.7%
State:
+64.6%
Number of households with income < $10k:
Algonquin:
1.3% (143)
State:
5.9% (296,090)
Number of households with income $10k - 20k:
Algonquin:
2.9% (323)
State:
6.6% (333,259)
Number of households with income $20k - 30k:
Algonquin:
3.4% (383)
State:
6.8% (342,921)
Number of households with income $30k - 40k:
Algonquin:
4.0% (445)
State:
7.0% (355,254)
Number of households with income $40k - 50k:
Algonquin:
3.6% (406)
Illinois:
6.7% (340,678)
Number of households with income $50k - 60k:
Algonquin:
3.7% (413)
Illinois:
6.7% (339,405)
Number of households with income $60k - 75k:
Algonquin:
6.9% (764)
State:
9.2% (465,709)
Number of households with income $75k - 100k:
Algonquin:
11.6% (1,291)
State:
12.9% (651,353)
Number of households with income $100k - 125k:
Algonquin:
13.3% (1,484)
State:
10.3% (522,359)
Number of households with income $125k - 150k:
Algonquin:
10.7% (1,192)
State:
7.3% (367,136)
Number of households with income $150k - 200k:
Algonquin:
19.0% (2,117)
State:
9.0% (455,249)
Number of households with income > $200k:
Algonquin:
19.6% (2,186)
Illinois:
11.6% (586,947)
Aggregate household income in Algonquin in 2022: $1,587,586,239
Median family income in Algonquin in 2022:
Algonquin:
$147,770
State:
$96,948
Number of families with income < $10k:
Algonquin:
1.3% (102)
State:
3.4% (105,875)
Number of families with income $10k - 20k:
Algonquin:
1.1% (89)
State:
3.3% (105,017)
Number of families with income $20k - 30k:
Algonquin:
0.6% (45)
State:
4.7% (146,403)
Number of families with income $30k - 40k:
Algonquin:
1.6% (129)
Illinois:
5.3% (167,069)
Number of families with income $40k - 50k:
Algonquin:
3.2% (264)
Illinois:
5.8% (181,164)
Number of families with income $50k - 60k:
Algonquin:
2.8% (227)
Illinois:
6.1% (191,561)
Number of families with income $60k - 75k:
Algonquin:
6.6% (536)
Illinois:
9.0% (282,985)
Number of families with income $75k - 100k:
Algonquin:
10.9% (886)
State:
13.8% (432,725)
Number of families with income $100k - 125k:
Algonquin:
12.6% (1,021)
Illinois:
11.9% (373,296)
Number of families with income $125k - 150k:
Algonquin:
12.3% (1,002)
State:
8.9% (279,791)
Number of families with income $150k - 200k:
Algonquin:
22.0% (1,788)
State:
11.9% (372,004)
Number of families with income > $200k:
Algonquin:
25.0% (2,032)
Illinois:
15.9% (500,033)
Median non-family income in Algonquin in 2022:
Algonquin:
$72,400
State:
$46,533
Change in median non-family income between 2000 and 2022:
Algonquin, Illinois:
+51.0%
State:
+64.0%
Median per capita income in Algonquin in 2022:
Algonquin:
$53,285
State:
$43,317
Change in median per capita income between 2000 and 2022:
Algonquin, Illinois:
+78.7%
Illinois:
+87.5%
Income statistics for White residents
Median household income in Algonquin, IL in 2022:
Algonquin:
$128,408
State:
$83,346
Change in median household income between 2000 and 2022:
Algonquin, Illinois:
+61.7%
Illinois:
+67.5%
Number of households with income < $10k:
Algonquin:
1.0% (89)
State:
4.5% (149,895)
Number of households with income $10k - 20k:
Algonquin:
2.4% (224)
Illinois:
5.5% (184,529)
Number of households with income $20k - 30k:
Algonquin:
3.1% (290)
Illinois:
6.1% (205,767)
Number of households with income $30k - 40k:
Algonquin:
3.9% (365)
State:
6.7% (225,572)
Number of households with income $40k - 50k:
Algonquin:
3.9% (363)
Illinois:
6.5% (216,965)
Number of households with income $50k - 60k:
Algonquin:
4.2% (393)
State:
6.6% (222,841)
Number of households with income $60k - 75k:
Algonquin:
6.4% (596)
State:
9.3% (312,758)
Number of households with income $75k - 100k:
Algonquin:
12.6% (1,166)
State:
12.9% (433,180)
Number of households with income $100k - 125k:
Algonquin:
13.0% (1,209)
State:
10.7% (360,753)
Number of households with income $125k - 150k:
Algonquin:
10.7% (993)
State:
7.9% (266,532)
Number of households with income $150k - 200k:
Algonquin:
18.1% (1,679)
State:
10.0% (337,357)
Number of households with income > $200k:
Algonquin:
20.7% (1,918)
Illinois:
13.3% (446,069)
Aggregate household income in Algonquin in 2022: $1,340,227,824
Median family income in Algonquin in 2022:
Algonquin:
$148,338
Illinois:
$107,938
Number of families with income < $10k:
Algonquin:
0.4% (24)
State:
2.2% (45,983)
Number of families with income $10k - 20k:
Algonquin:
1.1% (71)
State:
2.5% (50,574)
Number of families with income $20k - 30k:
Algonquin:
0.7% (44)
Illinois:
3.5% (70,927)
Number of families with income $30k - 40k:
Algonquin:
1.5% (103)
State:
4.4% (90,563)
Number of families with income $40k - 50k:
Algonquin:
3.6% (239)
State:
5.0% (102,597)
Number of families with income $50k - 60k:
Algonquin:
3.4% (224)
State:
5.8% (119,129)
Number of families with income $60k - 75k:
Algonquin:
5.4% (357)
State:
8.8% (179,665)
Number of families with income $75k - 100k:
Algonquin:
11.2% (745)
State:
13.5% (276,887)
Number of families with income $100k - 125k:
Algonquin:
13.1% (876)
Illinois:
12.5% (256,099)
Number of families with income $125k - 150k:
Algonquin:
12.1% (805)
Illinois:
9.8% (199,855)
Number of families with income $150k - 200k:
Algonquin:
21.2% (1,416)
State:
13.4% (274,569)
Number of families with income > $200k:
Algonquin:
26.5% (1,773)
State:
18.6% (381,354)
Median non-family income in Algonquin in 2022:
Algonquin:
$74,893
State:
$50,934
Change in median non-family income between 2000 and 2022:
Algonquin, Illinois:
+54.7%
State:
+70.7%
Median per capita income in Algonquin in 2022:
Algonquin:
$57,764
State:
$50,738
Change in median per capita income between 2000 and 2022:
Algonquin, Illinois:
+90.9%
State:
+95.5%
Income statistics for Black or African American residents
Median household income in Algonquin, IL in 2022:
Algonquin:
$113,878
Illinois:
$45,019
Change in median household income between 2000 and 2022:
Algonquin, Illinois:
+36.1%
State:
+42.0%
Number of households with income < $10k:
Algonquin:
0.0% (0)
Illinois:
13.3% (92,224)
Number of households with income $10k - 20k:
Algonquin:
0.0% (0)
State:
13.5% (93,732)
Number of households with income $20k - 30k:
Algonquin:
0.0% (0)
State:
9.9% (68,453)
Number of households with income $30k - 40k:
Algonquin:
15.2% (32)
Illinois:
8.5% (59,072)
Number of households with income $40k - 50k:
Algonquin:
0.0% (0)
Illinois:
7.9% (55,033)
Number of households with income $50k - 60k:
Algonquin:
0.0% (0)
Illinois:
7.2% (49,556)
Number of households with income $60k - 75k:
Algonquin:
3.8% (8)
State:
7.8% (53,726)
Number of households with income $75k - 100k:
Algonquin:
0.0% (0)
Illinois:
11.6% (80,439)
Number of households with income $100k - 125k:
Algonquin:
41.0% (86)
State:
7.5% (52,244)
Number of households with income $125k - 150k:
Algonquin:
18.1% (38)
Illinois:
3.9% (27,058)
Number of households with income $150k - 200k:
Algonquin:
4.3% (9)
State:
4.6% (32,057)
Number of households with income > $200k:
Algonquin:
17.6% (37)
Illinois:
4.1% (28,731)
Aggregate household income in Algonquin in 2022: $21,745,788
Median family income in Algonquin in 2022:
Algonquin:
$114,640
State:
$60,661
Number of families with income $30k - 40k:
Algonquin:
6.8% (11)
State:
7.8% (28,775)
Number of families with income $60k - 75k:
Algonquin:
5.2% (8)
State:
8.3% (30,626)
Number of families with income $100k - 125k:
Algonquin:
40.4% (64)
State:
9.3% (34,471)
Number of families with income $125k - 150k:
Algonquin:
24.4% (39)
State:
5.7% (21,103)
Number of families with income > $200k:
Algonquin:
23.3% (37)
Illinois:
6.3% (23,371)
Median per capita income in Algonquin in 2022:
Algonquin:
$45,912
Illinois:
$28,045
Change in median per capita income between 2000 and 2022:
Algonquin, Illinois:
+106.7%
State:
+90.2%
Income statistics for Asian residents
Median household income in Algonquin, IL in 2022:
Algonquin:
$134,812
State:
$104,287
Change in median household income between 2000 and 2022:
Algonquin, Illinois:
+51.1%
State:
+81.9%
Number of households with income < $10k:
Algonquin:
4.4% (24)
State:
5.3% (14,653)
Number of households with income $10k - 20k:
Algonquin:
9.0% (49)
State:
4.5% (12,283)
Number of households with income $20k - 30k:
Algonquin:
12.2% (67)
Illinois:
4.8% (13,135)
Number of households with income $30k - 40k:
Algonquin:
0.0% (0)
Illinois:
5.0% (13,655)
Number of households with income $40k - 50k:
Algonquin:
4.2% (23)
State:
4.5% (12,357)
Number of households with income $50k - 60k:
Algonquin:
0.0% (0)
Illinois:
4.9% (13,568)
Number of households with income $60k - 75k:
Algonquin:
8.6% (47)
State:
7.1% (19,606)
Number of households with income $75k - 100k:
Algonquin:
9.7% (53)
State:
12.1% (33,349)
Number of households with income $100k - 125k:
Algonquin:
0.4% (2)
Illinois:
9.7% (26,669)
Number of households with income $125k - 150k:
Algonquin:
8.0% (44)
Illinois:
7.3% (20,172)
Number of households with income $150k - 200k:
Algonquin:
24.3% (133)
Illinois:
11.5% (31,711)
Number of households with income > $200k:
Algonquin:
19.2% (105)
Illinois:
23.1% (63,411)
Aggregate household income in Algonquin in 2022: $83,341,576
Median family income in Algonquin in 2022:
Algonquin:
$156,345
State:
$124,630
Number of families with income < $10k:
Algonquin:
18.6% (82)
State:
2.0% (3,841)
Number of families with income $60k - 75k:
Algonquin:
12.0% (53)
Illinois:
7.0% (13,773)
Number of families with income $75k - 100k:
Algonquin:
12.6% (56)
State:
12.3% (24,156)
Number of families with income $100k - 125k:
Algonquin:
0.4% (2)
State:
9.6% (18,808)
Number of families with income $125k - 150k:
Algonquin:
9.9% (44)
State:
8.0% (15,639)
Number of families with income $150k - 200k:
Algonquin:
22.8% (101)
State:
13.9% (27,222)
Number of families with income > $200k:
Algonquin:
23.7% (105)
Illinois:
28.0% (54,999)
Median per capita income in Algonquin in 2022:
Algonquin:
$40,263
Illinois:
$52,977
Change in median per capita income between 2000 and 2022:
Algonquin, Illinois:
+52.5%
State:
+119.5%
Income statistics for Hispanic or Latino residents
Median household income in Algonquin, IL in 2022:
Algonquin:
$104,978
Illinois:
$72,139
Change in median household income between 2000 and 2022:
Algonquin, Illinois:
+27.7%
Illinois:
+75.7%
Number of households with income < $10k:
Algonquin:
0.9% (8)
Illinois:
4.9% (33,145)
Number of households with income $10k - 20k:
Algonquin:
2.1% (19)
State:
5.4% (36,345)
Number of households with income $20k - 30k:
Algonquin:
1.6% (14)
Illinois:
7.5% (50,677)
Number of households with income $30k - 40k:
Algonquin:
4.3% (38)
State:
7.7% (52,008)
Number of households with income $40k - 50k:
Algonquin:
3.4% (30)
Illinois:
8.1% (54,702)
Number of households with income $50k - 60k:
Algonquin:
7.2% (64)
State:
7.5% (51,062)
Number of households with income $60k - 75k:
Algonquin:
11.1% (98)
State:
11.3% (76,576)
Number of households with income $75k - 100k:
Algonquin:
6.3% (56)
Illinois:
15.5% (105,152)
Number of households with income $100k - 125k:
Algonquin:
12.7% (112)
State:
11.5% (77,760)
Number of households with income $125k - 150k:
Algonquin:
8.5% (75)
State:
7.3% (49,310)
Number of households with income $150k - 200k:
Algonquin:
33.7% (298)
State:
7.6% (51,233)
Number of households with income > $200k:
Algonquin:
8.1% (72)
State:
5.9% (40,028)
Aggregate household income in Algonquin in 2022: $119,924,403
Median family income in Algonquin in 2022:
Algonquin:
$149,665
State:
$76,467
Number of families with income $10k - 20k:
Algonquin:
1.1% (8)
Illinois:
3.8% (19,314)
Number of families with income $20k - 30k:
Algonquin:
3.0% (24)
State:
6.8% (34,467)
Number of families with income $30k - 40k:
Algonquin:
4.1% (32)
State:
7.5% (37,976)
Number of families with income $40k - 50k:
Algonquin:
5.0% (39)
State:
7.7% (38,858)
Number of families with income $50k - 60k:
Algonquin:
5.7% (45)
Illinois:
7.6% (38,606)
Number of families with income $60k - 75k:
Algonquin:
15.4% (121)
State:
11.5% (58,164)
Number of families with income $75k - 100k:
Algonquin:
7.2% (57)
State:
16.0% (81,055)
Number of families with income $100k - 125k:
Algonquin:
3.0% (24)
Illinois:
12.1% (61,491)
Number of families with income $125k - 150k:
Algonquin:
9.3% (74)
State:
8.0% (40,271)
Number of families with income $150k - 200k:
Algonquin:
37.8% (298)
State:
8.6% (43,536)
Number of families with income > $200k:
Algonquin:
8.5% (68)
Illinois:
6.6% (33,240)
Median per capita income in Algonquin in 2022:
Algonquin:
$41,749
Illinois:
$26,551
Change in median per capita income between 2000 and 2022:
Algonquin, Illinois:
+100.7%
State:
+111.0%
Income statistics for American Indian and Alaska Native residents
Median household income in Algonquin, IL in 2022:
Algonquin:
$71,379
State:
$66,282
Number of households with income < $10k:
Algonquin:
0.0% (0)
State:
3.2% (935)
Number of households with income $10k - 20k:
Algonquin:
0.0% (0)
State:
7.1% (2,053)
Number of households with income $20k - 30k:
Algonquin:
0.0% (0)
State:
10.1% (2,939)
Number of households with income $30k - 40k:
Algonquin:
0.0% (0)
Illinois:
7.7% (2,246)
Number of households with income $40k - 50k:
Algonquin:
0.0% (0)
State:
7.9% (2,300)
Number of households with income $50k - 60k:
Algonquin:
0.0% (0)
State:
8.5% (2,460)
Number of households with income $60k - 75k:
Algonquin:
39.0% (55)
State:
10.7% (3,095)
Number of households with income $75k - 100k:
Algonquin:
56.7% (80)
State:
15.3% (4,451)
Number of households with income $100k - 125k:
Algonquin:
4.3% (6)
Illinois:
11.7% (3,386)
Number of households with income $125k - 150k:
Algonquin:
0.0% (0)
State:
7.8% (2,269)
Number of households with income $150k - 200k:
Algonquin:
0.0% (0)
Illinois:
5.8% (1,673)
Number of households with income > $200k:
Algonquin:
0.0% (0)
State:
4.1% (1,198)
Aggregate household income in Algonquin in 2022: $6,125,972
Median family income in Algonquin in 2022:
Algonquin:
$74,541
Illinois:
$73,202
Number of families with income $60k - 75k:
Algonquin:
43.4% (65)
State:
13.9% (2,870)
Number of families with income $75k - 100k:
Algonquin:
56.6% (85)
State:
17.1% (3,515)
Median per capita income in Algonquin in 2022:
Algonquin:
$25,776
State:
$26,979
Change in median per capita income between 2000 and 2022:
Algonquin, Illinois:
+35.9%
Illinois:
+64.2%
Income statistics for Multirace residents
Median household income in Algonquin, IL in 2022:
Algonquin:
$191,736
State:
$71,185
Number of households with income < $10k:
Algonquin:
3.4% (25)
State:
5.3% (21,595)
Number of households with income $10k - 20k:
Algonquin:
0.0% (0)
Illinois:
6.5% (26,720)
Number of households with income $20k - 30k:
Algonquin:
1.1% (8)
State:
8.0% (32,573)
Number of households with income $30k - 40k:
Algonquin:
0.0% (0)
Illinois:
8.4% (34,383)
Number of households with income $40k - 50k:
Algonquin:
0.0% (0)
State:
7.4% (30,234)
Number of households with income $50k - 60k:
Algonquin:
0.0% (0)
State:
6.9% (28,432)
Number of households with income $60k - 75k:
Algonquin:
2.6% (19)
State:
10.2% (41,780)
Number of households with income $75k - 100k:
Algonquin:
1.7% (12)
State:
13.0% (53,426)
Number of households with income $100k - 125k:
Algonquin:
6.1% (44)
State:
10.5% (43,126)
Number of households with income $125k - 150k:
Algonquin:
8.3% (60)
State:
7.6% (31,153)
Number of households with income $150k - 200k:
Algonquin:
49.5% (360)
Illinois:
7.6% (30,946)
Number of households with income > $200k:
Algonquin:
27.4% (199)
Illinois:
8.6% (35,208)
Aggregate household income in Algonquin in 2022: $125,770,382
Median family income in Algonquin in 2022:
Algonquin:
$192,468
Illinois:
$84,400
Number of families with income < $10k:
Algonquin:
2.8% (16)
Illinois:
3.9% (10,812)
Number of families with income $60k - 75k:
Algonquin:
2.3% (13)
Illinois:
9.3% (25,936)
Number of families with income $75k - 100k:
Algonquin:
4.2% (24)
State:
13.6% (37,857)
Number of families with income $100k - 125k:
Algonquin:
3.8% (22)
State:
12.2% (33,852)
Number of families with income $125k - 150k:
Algonquin:
8.9% (51)
Illinois:
9.0% (25,085)
Number of families with income $150k - 200k:
Algonquin:
51.2% (296)
State:
9.5% (26,306)
Number of families with income > $200k:
Algonquin:
26.9% (155)
State:
10.4% (28,926)
Median per capita income in Algonquin in 2022:
Algonquin:
$45,360
Illinois:
$29,285
Income statistics for other residents
Median household income in Algonquin, IL in 2022:
Algonquin:
$92,199
State:
$71,711
Number of households with income < $10k:
Algonquin:
0.0% (0)
Illinois:
5.7% (16,383)
Number of households with income $10k - 20k:
Algonquin:
2.8% (7)
State:
4.8% (13,886)
Number of households with income $20k - 30k:
Algonquin:
0.0% (0)
State:
7.0% (20,054)
Number of households with income $30k - 40k:
Algonquin:
0.0% (0)
State:
7.0% (20,038)
Number of households with income $40k - 50k:
Algonquin:
0.0% (0)
State:
8.3% (23,759)
Number of households with income $50k - 60k:
Algonquin:
0.0% (0)
State:
7.8% (22,410)
Number of households with income $60k - 75k:
Algonquin:
9.2% (23)
Illinois:
12.0% (34,448)
Number of households with income $75k - 100k:
Algonquin:
14.9% (37)
State:
16.2% (46,508)
Number of households with income $100k - 125k:
Algonquin:
60.6% (151)
State:
12.5% (35,952)
Number of households with income $125k - 150k:
Algonquin:
0.0% (0)
Illinois:
6.9% (19,732)
Number of households with income $150k - 200k:
Algonquin:
7.6% (19)
Illinois:
7.5% (21,422)
Number of households with income > $200k:
Algonquin:
4.8% (12)
State:
4.3% (12,194)
Aggregate household income in Algonquin in 2022: $22,368,633
Median family income in Algonquin in 2022:
Algonquin:
$63,782
State:
$74,069
Number of families with income $10k - 20k:
Algonquin:
2.7% (7)
State:
3.3% (7,467)
Number of families with income $60k - 75k:
Algonquin:
52.6% (134)
State:
13.4% (30,011)
Number of families with income $75k - 100k:
Algonquin:
15.1% (38)
State:
17.2% (38,560)
Number of families with income $100k - 125k:
Algonquin:
17.8% (45)
State:
12.3% (27,638)
Number of families with income $150k - 200k:
Algonquin:
7.0% (18)
Illinois:
7.7% (17,122)
Number of families with income > $200k:
Algonquin:
4.8% (12)
State:
4.6% (10,400)
Median per capita income in Algonquin in 2022:
Algonquin:
$25,509
State:
$25,392
Change in median per capita income between 2000 and 2022:
Algonquin, Illinois:
+1.9%
State:
+117.4%
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