Carol Stream, Illinois Income Statistics
Updated
Carol Stream 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
Carol Stream Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Carol Stream | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $103,218 | $84,042 | $80,455 |
| Median Personal Income | $67,645 | $64,565 | $60,758 |
| Average Yearly Income Growth | 3.6% | 4.5% | 4.8% |
| Six-Figure Earners | 15.2% | 15.0% | 13.9% |
| $200k+ Households | 17.5% | 13.8% | 13.2% |
The median household income in Carol Stream is about 23% higher than in Illinois. Income has been growing slower in Carol Stream (3.6%/yr) than in Illinois (4.5%/yr).
About 15% of adults in Carol Stream earn six figures ($100,000 or more) a year, about the same as the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Carol Stream, Illinois grew by 37.7% from 2009 to 2024, reaching $103,218 in 2024. That's an average of about 3.6% per year.
Carol Stream has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 47% in 2009 to 28% in 2024, the closest it has been.
Income Distribution in Carol Stream
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 7,014 households (51.4% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 12.6% of households in Carol Stream had an income under $35,000 and 30.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Carol Stream has a larger share of households earning $200,000 or more (17.5% vs 13.2%) and a smaller share earning $15,000 to $24,999 (2.6% vs 6.4%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 384 | 2.8% | 5.1% |
| $10,000 to $14,999 | 299 | 2.2% | 3.5% |
| $15,000 to $24,999 | 361 | 2.6% | 6.4% |
| $25,000 to $34,999 | 675 | 4.9% | 6.7% |
| $35,000 to $49,999 | 1,019 | 7.5% | 10.1% |
| $50,000 to $74,999 | 1,900 | 13.9% | 15.5% |
| $75,000 to $99,999 | 1,993 | 14.6% | 12.6% |
| $100,000 to $149,999 | 2,855 | 20.9% | 17.4% |
| $150,000 to $199,999 | 1,778 | 13.0% | 9.5% |
| $200,000 or more | 2,381 | 17.5% | 13.2% |
Shares are of all 13,643 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 4,765 residents (15.2% 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 17.3% of residents who have any income.
In 2024, 12.6% of Carol Stream residents aged 15 and over reported no personal income, 24.1% had some income but less than $25,000, and 26.8% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Carol Stream has a larger share of residents earning $75,000 to $99,999 (11.6% vs 8.2%) and a smaller share earning $15,000 to $24,999 (7.4% vs 10.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,955 | 12.6% | 12.8% |
| $1 to $9,999 | 3,386 | 10.8% | 11.2% |
| $10,000 to $14,999 | 1,870 | 5.9% | 7.0% |
| $15,000 to $24,999 | 2,337 | 7.4% | 10.5% |
| $25,000 to $34,999 | 2,817 | 9.0% | 9.5% |
| $35,000 to $49,999 | 4,122 | 13.1% | 12.6% |
| $50,000 to $74,999 | 4,545 | 14.5% | 14.3% |
| $75,000 to $99,999 | 3,646 | 11.6% | 8.2% |
| $100,000 or more | 4,765 | 15.2% | 13.9% |
Shares are of the 31,443 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 12.6% 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 Carol Stream
| Metric | Carol Stream | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.531 | 0.547 | 0.552 |
| Male Median Income | $78,890 | $73,933 | $69,667 |
| Female Median Income | $63,774 | $60,067 | $56,850 |
| Gender Pay Gap | 19.2% | 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 Carol Stream, 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 24% more than women's income in Carol Stream, Illinois. Over a 35-year career, a 24% wage gap accumulates to roughly $529,060 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Carol Stream, Illinois has narrowed from about 23% to 19% in 2024. Over that period the gap was narrowest at 15% in 2020. In dollar terms, the gap has widened by $1,853 since 2009.
Employment
| Metric | Carol Stream | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 5.8% | 5.2% |
| Working from Home | 15.3% | 15.9% | 15.0% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 854 people are unemployed in Carol Stream, Illinois.
The average commute time in Carol Stream is 23 minutes, about the same as in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Carol Stream, Illinois has fallen from 8.9% to 4.0% in 2024. Over that period the rate peaked at 9.4% in 2013.
Carol Stream started 0.2 points above the U.S. unemployment rate in 2011 but had dropped below it by 2012, and has not been above it since. In 2024 its rate was 1.2 points lower.
Carol Stream, IL Wealth Compared With Nearby Cities
Carol Stream, IL is the 2nd largest of the 5 cities compared here, 37,373 residents against a local median of 27,432. Nothing separates Carol Stream, IL sharply from the cities around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is unemployment, 13% below the local median at 4.0% against 4.6%. Carol Stream, IL has the 2nd lowest unemployment of the 5 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Carol Stream, IL | 37,373 | $103,218 #2/5 | 3.6%/yr #2/5 | 4.0% #2/5 | 0.531 #1/5 |
| Bloomingdale, IL | 24,204 | $100,481 | 3.5%/yr | 4.9% | 0.534 |
| Glendale Heights, IL | 22,861 | $99,154 | 5.8%/yr | 5.5% | 0.533 |
| Hanover Park, IL | 30,659 | $93,488 | 3.5%/yr | 4.4% | 0.554 |
| Wheaton, IL | 46,899 | $117,910 | 3.6%/yr | 3.9% | 0.549 |
Conclusion
Considering all these factors, Carol Stream, Illinois has an overall wealth index grade of B, making it somewhat better than Illinois, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Carol Stream, Illinois.
How Rich Is Carol Stream, Illinois?
Carol Stream 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 $103,218, about 23% higher than the Illinois average of $84,042.
How has median household income changed in Carol Stream, Illinois?
Between 2009 and 2024, the median household income in Carol Stream, Illinois rose 38%, from $74,967 to $103,218. Over the same years, income here lagged behind Illinois as a whole: +38% against +52%.
What was the median household income in Carol Stream in 2023?
In 2023, the median household income in Carol Stream, Illinois was $105,883, about the same as in 2022. The Illinois median that year was $82,182.
What was the median household income in Carol Stream in 2020?
In 2020, the median household income in Carol Stream, Illinois was $92,250. By 2024 it had risen 12% to $103,218.
Is unemployment high in Carol Stream, Illinois?
Unemployment in Carol Stream, Illinois is only 4.0%, well below the Illinois rate of 5.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Carol Stream, Illinois?
The Gini coefficient in Carol Stream 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 Carol Stream, Illinois?
Since 2009, the income gap between men and women in Carol Stream, Illinois has narrowed from about 23% to 19% in 2024. Over that period the gap was narrowest at 15% in 2020. In dollar terms, the gap has widened by $1,853 since 2009.
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