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Algonquin, Illinois Mortgage and Housing Information
Population: 23,276
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Algonquin
Income
| U.S. | Illinois | Algonquin | |
|---|---|---|---|
| Median Earnings | $23,755 | $25,890 | $40,399 |
| Median Earnings, Males | $29,458 | $32,016 | $54,868 |
| Median Earnings, Females | $18,957 | $20,364 | $24,515 |
Males earn $30,353 (123.8%) more than Females in Algonquin.
Commuting in Algonquin
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 10,141 |
| Carpooled | 687 |
| Public Transit | 295 |
| Bicycle | 0 |
| Walking | 118 |
| Other Means | 101 |
| Total, Commuted | 11,342 |
| Worked from home | 486 |
| Total | 11,828 |
Time Spent Commuting in Algonquin
Time spent commuting in Algonquin
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 199 |
| 5-9 | 673 |
| 10-14 | 966 |
| 15-19 | 1,113 |
| 20-24 | 999 |
| 25-29 | 709 |
| 30-34 | 1,592 |
| 35-39 | 549 |
| 40-44 | 1,004 |
| 45-59 | 1,840 |
| 60-89 | 1,170 |
| Over 90 | 528 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 1,899 | 26.8% | 1,838 | 25.9% |
| Associate Degree | 616 | 8.7% | 561 | 7.9% |
| Bachelor's Degree | 2,131 | 30.0% | 1,835 | 25.9% |
| Master's Degree | 656 | 9.2% | 646 | 9.1% |
| Professional Degree | 111 | 1.6% | 107 | 1.5% |
| Doctorate Degree | 54 | 0.8% | 29 | 0.4% |
| Total (at least some college) | 5,467 | 77.0% | 5,016 | 68.8% |
| Total over 25 | 7,096 | 100% | 7,293 | 100% |
Housing in Algonquin
Cost of Single-Family Houses
| Median price asked in year 2000 | $224,400 |
|---|
Value of Houses and Condos
| U.S. | Illinois | Algonquin | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $127,800 | $194,500 |
Monthly Owner Costs
| U.S. | Illinois | Algonquin | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,198 | $1,608 |
| Without a mortgage | $295 | $353 | $479 |
Tenancy in Algonquin
| Owner-occupied homes | 7,217 |
|---|---|
| Renter-occupied homes | 489 |
| Homes for sale | 89 |
| Homes for rent | 23 |
| Total | 7,952 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Algonquin (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 770 | 11.0% |
| First Mortgage Only | 4,638 | 66.4% |
| Second Mortgage and/or Home Equity Loan | 1,575 | 22.6% |
| Total | 6,983 | 100% |
Age of Algonquin Residents
| Males | Females |
|---|---|
| 33 | 33 |
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