Mundelein, Illinois Income Statistics

Updated

Mundelein 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.

  • B
    Mundelein Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Mundelein Illinois Avg US Average
Median Household Income $104,107 $84,042 $80,455
Median Personal Income $66,021 $64,565 $60,758
Average Yearly Income Growth 4.1% 4.5% 4.8%
Six-Figure Earners 17.4% 15.0% 13.9%
$200k+ Households 18.1% 13.8% 13.2%

The median household income in Mundelein is about 24% higher than in Illinois. Income has been growing slower in Mundelein (4.1%/yr) than in Illinois (4.5%/yr).

About 17% of adults in Mundelein earn six figures ($100,000 or more) a year, higher than the Illinois average of 15%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Mundelein
United States

Median household income in Mundelein, Illinois grew by 33.8% from 2009 to 2024, reaching $104,107 in 2024. That's an average of about 4.1% per year.

Mundelein has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2022, its income was 28% higher. The gap has narrowed from 52% in 2009 to 29% in 2024.

Year Mundelein United States

Income Distribution in Mundelein

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Mundelein
United States

Income range calculator

About 5,087 households (52.2% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 13.5% of households in Mundelein had an income under $35,000 and 28.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Mundelein has a larger share of households earning $100,000 to $149,999 (24.2% vs 17.4%) and a smaller share earning $15,000 to $24,999 (2.8% vs 6.4%).

Household income Households Share U.S. share
Under $10,000 436 4.5% 5.1%
$10,000 to $14,999 124 1.3% 3.5%
$15,000 to $24,999 271 2.8% 6.4%
$25,000 to $34,999 486 5.0% 6.7%
$35,000 to $49,999 652 6.7% 10.1%
$50,000 to $74,999 1,289 13.2% 15.5%
$75,000 to $99,999 1,400 14.4% 12.6%
$100,000 to $149,999 2,355 24.2% 17.4%
$150,000 to $199,999 964 9.9% 9.5%
$200,000 or more 1,768 18.1% 13.2%

Shares are of all 9,745 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).

Income Inequality and the Gender Pay Gap in Mundelein

Metric Mundelein Illinois Avg US Average
Gini Coefficient 0.533 0.547 0.552
Male Median Income $73,010 $73,933 $69,667
Female Median Income $69,984 $60,067 $56,850
Gender Pay Gap 4.1% 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 Mundelein, it is 0.533, 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 4% more than women's income in Mundelein, Illinois. Over a 35-year career, a 4% wage gap accumulates to roughly $105,910 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Mundelein, Illinois has narrowed from about 17% to 4% in 2024. Over that period the gap was widest at 26% in 2017. In dollar terms, the gap has narrowed by $6,011 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Mundelein Illinois Avg US Average
Unemployment Rate 3.1% 5.8% 5.2%
Working from Home 18.1% 15.9% 15.0%
Commute time (minutes) 25 23 22

Approximately 446 people are unemployed in Mundelein, Illinois.

The average commute time in Mundelein is 25 minutes, longer than the 23 minutes in Illinois.

Unemployment Rate Over Time

Mundelein
United States

Since 2011, the unemployment rate in Mundelein, Illinois has fallen from 9.5% to 3.1% in 2024. Over that period the rate peaked at 10.4% in 2013 and fell as low as 2.8% in 2021.

Mundelein started 0.8 points above the U.S. unemployment rate in 2011 but had dropped below it by 2015, and has not been above it since. In 2024 its rate was 2.2 points lower.

Year Mundelein United States

Mundelein, IL Wealth Compared With Nearby Cities

How Mundelein, IL compares with the 1 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.
Mundelein, IL 26,350 $104,107 #2/2 4.1%/yr #1/2 3.1% #1/2 0.533 #2/2
Vernon Hills, IL 22,177 $134,343 3.1%/yr 3.6% 0.507

Conclusion

Considering all these factors, Mundelein, 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 Mundelein, Illinois.

How Rich Is Mundelein, Illinois?

Mundelein 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 $104,107, about 24% higher than the Illinois average of $84,042.

Are incomes growing in Mundelein, Illinois?

Between 2009 and 2024, the median household income in Mundelein, Illinois rose 34%, from $77,784 to $104,107. Over the same years, income here lagged behind Illinois as a whole: +34% against +52%.

What was the median household income in Mundelein in 2023?

In 2023, the median household income in Mundelein, Illinois was $102,656, up 7% from $95,543 in 2022. The Illinois median that year was $82,182.

What was the median household income in Mundelein in 2020?

In 2020, the median household income in Mundelein, Illinois was $88,451. By 2024 it had risen 18% to $104,107.

Is it hard to find a job in Mundelein, Illinois?

Unemployment in Mundelein, Illinois is only 3.1%, 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 Mundelein, Illinois?

The Gini coefficient in Mundelein is 0.533. 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 Mundelein, Illinois?

Since 2009, the income gap between men and women in Mundelein, Illinois has narrowed from about 17% to 4% in 2024. Over that period the gap was widest at 26% in 2017. In dollar terms, the gap has narrowed by $6,011 since 2009.

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