Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Arlington Heights | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $113,604 | $82,179 | $78,145 |
| Median Personal Income | $87,148 | $65,365 | $61,726 |
| Average income growth | 5.3% | 4.8% | 5.1% |
| Six-Figure Earners | 25.2% | 14.4% | 13.2% |
The median household income in Arlington Heights is about 38% higher than in Illinois. Income has been growing faster in Arlington Heights (5.3%/yr) than in Illinois (4.8%/yr).
About 25% of adults in Arlington Heights earn six figures ($100,000 or more) a year, higher than the Illinois average of 14%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Arlington Heights, Illinois grew by 53.3% from 2009 to 2023, reaching $113,604 in 2023. That's an average of about 5.3% per year.
Economic Inequality in Arlington Heights | Gender Pay Gap | Gini Coefficient
| Metric | Arlington Heights | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.534 | 0.567 | 0.570 |
| Male Median Income | $98,820 | $72,139 | $67,746 |
| Female Median Income | $74,968 | $58,023 | $54,793 |
| Gender Pay Gap | 24.1% | 19.6% | 19.1% |
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 Arlington Heights, it is 0.534, lower than Illinois's 0.567, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 32% more than women's income in Arlington Heights, Illinois. Over a 35-year career, a 32% wage gap accumulates to roughly $834,820 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Arlington Heights, Illinois has stayed about the same since 2009, at around 24%. In dollar terms, the gap has widened by $7,782 since 2009.
Employment
| Metric | Arlington Heights | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 5.8% | 5.2% |
| Working from Home | 21.9% | 14.0% | 13.4% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 1,495 people are unemployed in Arlington Heights, Illinois.
The average commute time in Arlington Heights is 25 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Arlington Heights, Illinois has fallen from 6.0% to 3.6% in 2023.
Conclusion
Considering all these factors, Arlington Heights, Illinois has an overall wealth index grade of A, making it notably better than Illinois, and notably better than the country as a whole.
Arlington Heights, IL Wealth Compared With Nearby Cities
Arlington Heights, IL is the largest of the 5 cities compared here, 74,627 residents against a local median of 43,720. Where Arlington Heights, IL breaks from the cities next to it is median household income, sitting 17% above the local median of $97,119 at $113,604. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 3.6% against a local median of 4.3%, 16% below it. Every measure here with a clear better direction points the same way, so Arlington Heights, IL is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread $15,755 on median household income, so Arlington Heights, IL sits at one end of an already wide local range rather than apart from it. Arlington Heights, IL has the highest median household income of the 5 areas compared here.
| Area | Population | Median household income | Unemployment | Income inequality |
|---|---|---|---|---|
| Arlington Heights, IL | 74,627 | $113,604 #1/5 | 3.6% #1/5 | 0.5 #3/5 |
| Rolling Meadows, IL | 23,336 | $96,654 | 5.7% | 0.5 |
| Mount Prospect, IL | 51,830 | $100,936 | 4.2% | 0.5 |
| Palatine, IL | 56,455 | $97,583 | 3.8% | 0.5 |
| Wheeling, IL | 35,611 | $85,181 | 4.3% | 0.5 |
Frequently Asked Questions
Common questions about income and wealth in Arlington Heights, Illinois.
How Wealthy Is Arlington Heights, Illinois?
Arlington Heights has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $113,604, about 38% higher than the Illinois average of $82,179.
What is the current median household income in Arlington Heights, Illinois?
As of 2023, the median household income in Arlington Heights, Illinois is $113,604.
What was the median household income in Arlington Heights in 2023?
In 2023, the median household income in Arlington Heights, Illinois was $113,604.
What was the median household income in Arlington Heights in 2020?
In 2020, the median household income in Arlington Heights, Illinois was $96,183.
What is the Gini coefficient in Arlington Heights, Illinois?
The Gini coefficient in Arlington Heights is 0.534. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Arlington Heights, Illinois?
The income gap between men and women in Arlington Heights, Illinois has stayed about the same since 2009, at around 24%. In dollar terms, the gap has widened by $7,782 since 2009.