Addison, Illinois Income Statistics
Updated
Addison Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Addison Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Addison | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $86,871 | $84,042 | $80,455 |
| Median Personal Income | $53,228 | $64,565 | $60,758 |
| Average Yearly Income Growth | 5.6% | 4.5% | 4.8% |
| Six-Figure Earners | 11.2% | 15.0% | 13.9% |
| $200k+ Households | 9.8% | 13.8% | 13.2% |
The median household income in Addison is about 3% higher than in Illinois. Income has been growing faster in Addison (5.6%/yr) than in Illinois (4.5%/yr).
About 11% of adults in Addison earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Addison, Illinois grew by 39.7% from 2009 to 2024, reaching $86,871 in 2024. That's an average of about 5.6% per year.
Addison has been above the U.S. median household income in most years since 2009, but briefly dipped below it in 2014 (0.6% lower). In 2024 its income was 8.0% higher.
Income Distribution in Addison
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 4,848 households (39.7% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 16.1% of households in Addison had an income under $35,000 and 21.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Addison has a larger share of households earning $75,000 to $99,999 (19.6% vs 12.6%) and a smaller share earning $200,000 or more (9.8% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 586 | 4.8% | 5.1% |
| $10,000 to $14,999 | 190 | 1.6% | 3.5% |
| $15,000 to $24,999 | 520 | 4.3% | 6.4% |
| $25,000 to $34,999 | 668 | 5.5% | 6.7% |
| $35,000 to $49,999 | 1,289 | 10.6% | 10.1% |
| $50,000 to $74,999 | 1,715 | 14.1% | 15.5% |
| $75,000 to $99,999 | 2,388 | 19.6% | 12.6% |
| $100,000 to $149,999 | 2,258 | 18.5% | 17.4% |
| $150,000 to $199,999 | 1,388 | 11.4% | 9.5% |
| $200,000 or more | 1,202 | 9.8% | 13.2% |
Shares are of all 12,205 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 3,124 residents (11.2% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 12.8% of residents who have any income.
In 2024, 12.4% of Addison residents aged 15 and over reported no personal income, 26.9% had some income but less than $25,000, and 19.5% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Addison has a larger share of residents earning $35,000 to $49,999 (15.0% vs 12.6%) and a smaller share earning $100,000 or more (11.2% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,435 | 12.4% | 12.8% |
| $1 to $9,999 | 2,867 | 10.3% | 11.2% |
| $10,000 to $14,999 | 1,929 | 6.9% | 7.0% |
| $15,000 to $24,999 | 2,674 | 9.6% | 10.5% |
| $25,000 to $34,999 | 3,143 | 11.3% | 9.5% |
| $35,000 to $49,999 | 4,170 | 15.0% | 12.6% |
| $50,000 to $74,999 | 4,181 | 15.0% | 14.3% |
| $75,000 to $99,999 | 2,292 | 8.2% | 8.2% |
| $100,000 or more | 3,124 | 11.2% | 13.9% |
Shares are of the 27,817 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 12.4% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Addison
| Metric | Addison | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.531 | 0.547 | 0.552 |
| Male Median Income | $58,158 | $73,933 | $69,667 |
| Female Median Income | $50,588 | $60,067 | $56,850 |
| Gender Pay Gap | 13.0% | 18.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Addison, it is 0.531, lower than Illinois's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 15% more than women's income in Addison, Illinois. Over a 35-year career, a 15% wage gap accumulates to roughly $264,950 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Addison, Illinois has narrowed from about 18% to 13% in 2024. Over that period the gap was widest at 25% in 2010, and was narrowest at 12% in 2017. In dollar terms, the gap has narrowed by $410 since 2009.
Employment
| Metric | Addison | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.3% | 5.8% | 5.2% |
| Working from Home | 13.0% | 15.9% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 1,231 people are unemployed in Addison, Illinois.
The average commute time in Addison is 22 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Addison, Illinois has fallen from 9.8% to 6.3% in 2024. Over that period the rate peaked at 11.0% in 2013 and fell as low as 4.3% in 2019.
Addison has been above the U.S. unemployment rate in most years since 2011, but dipped below it in 2018-2022 (as much as 1.0 point lower). In 2024 its rate was 1.1 points higher.
Addison, IL Wealth Compared With Nearby Cities
How Addison, IL compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Addison, IL | 33,056 | $86,871 #3/3 | 5.6%/yr #1/3 | 6.3% #3/3 | 0.531 #3/3 |
| Villa Park, IL | 21,774 | $98,686 | 4.4%/yr | 4.1% | 0.510 |
| Lombard, IL | 44,068 | $99,406 | 3.7%/yr | 4.9% | 0.519 |
Conclusion
Considering all these factors, Addison, Illinois has an overall wealth index grade of B, making it about on par with Illinois, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Addison, Illinois.
How Wealthy Is Addison, Illinois?
Addison has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $86,871, about 3% higher than the Illinois average of $84,042.
How has median household income changed in Addison, Illinois?
Between 2009 and 2024, the median household income in Addison, Illinois rose 40%, from $62,203 to $86,871. Over the same years, income here lagged behind Illinois as a whole: +40% against +52%.
What was the median household income in Addison in 2023?
In 2023, the median household income in Addison, Illinois was $84,786, up 4% from $81,750 in 2022. The Illinois median that year was $82,182.
What was the median household income in Addison in 2020?
In 2020, the median household income in Addison, Illinois was $65,670. By 2024 it had risen 32% to $86,871.
What is the Gini coefficient in Addison, Illinois?
The Gini coefficient in Addison is 0.531. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Addison, Illinois?
Since 2009, the income gap between men and women in Addison, Illinois has narrowed from about 18% to 13% in 2024. Over that period the gap was widest at 25% in 2010, and was narrowest at 12% in 2017. In dollar terms, the gap has narrowed by $410 since 2009.
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