Rolling Meadows, Illinois Income Statistics
Updated
Rolling Meadows 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
Rolling Meadows Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Rolling Meadows | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $95,351 | $84,042 | $80,455 |
| Median Personal Income | $65,362 | $64,565 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.5% | 4.8% |
| Six-Figure Earners | 16.5% | 15.0% | 13.9% |
| $200k+ Households | 13.5% | 13.8% | 13.2% |
The median household income in Rolling Meadows is about 13% higher than in Illinois. Income has been growing slower in Rolling Meadows (3.9%/yr) than in Illinois (4.5%/yr).
About 16% of adults in Rolling Meadows 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
Median household income in Rolling Meadows, Illinois grew by 62.3% from 2009 to 2024, reaching $95,351 in 2024. That's an average of about 3.9% per year.
Rolling Meadows has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2011, at 14% higher. The gap has widened from 15% in 2009 to 19% in 2024.
Income Distribution in Rolling Meadows
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 4,635 households (47.0% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 16.7% of households in Rolling Meadows had an income under $35,000 and 25.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Rolling Meadows has a larger share of households earning $100,000 to $149,999 (21.8% vs 17.4%) and a smaller share earning $50,000 to $74,999 (11.9% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 347 | 3.5% | 5.1% |
| $10,000 to $14,999 | 257 | 2.6% | 3.5% |
| $15,000 to $24,999 | 542 | 5.5% | 6.4% |
| $25,000 to $34,999 | 505 | 5.1% | 6.7% |
| $35,000 to $49,999 | 800 | 8.1% | 10.1% |
| $50,000 to $74,999 | 1,175 | 11.9% | 15.5% |
| $75,000 to $99,999 | 1,606 | 16.3% | 12.6% |
| $100,000 to $149,999 | 2,149 | 21.8% | 17.4% |
| $150,000 to $199,999 | 1,156 | 11.7% | 9.5% |
| $200,000 or more | 1,330 | 13.5% | 13.2% |
Shares are of all 9,867 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 3,302 residents (16.5% 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 18.8% of residents who have any income.
In 2024, 12.4% of Rolling Meadows residents aged 15 and over reported no personal income, 23.3% had some income but less than $25,000, and 26.7% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Rolling Meadows has a larger share of residents earning $100,000 or more (16.5% vs 13.9%) and a smaller share earning $1 to $9,999 (8.7% vs 11.2%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,485 | 12.4% | 12.8% |
| $1 to $9,999 | 1,741 | 8.7% | 11.2% |
| $10,000 to $14,999 | 1,144 | 5.7% | 7.0% |
| $15,000 to $24,999 | 1,793 | 8.9% | 10.5% |
| $25,000 to $34,999 | 1,738 | 8.7% | 9.5% |
| $35,000 to $49,999 | 2,905 | 14.5% | 12.6% |
| $50,000 to $74,999 | 2,884 | 14.4% | 14.3% |
| $75,000 to $99,999 | 2,046 | 10.2% | 8.2% |
| $100,000 or more | 3,302 | 16.5% | 13.9% |
Shares are of the 20,037 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 Rolling Meadows
| Metric | Rolling Meadows | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.526 | 0.547 | 0.552 |
| Male Median Income | $73,641 | $73,933 | $69,667 |
| Female Median Income | $59,925 | $60,067 | $56,850 |
| Gender Pay Gap | 18.6% | 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 Rolling Meadows, it is 0.526, 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 23% more than women's income in Rolling Meadows, Illinois. Over a 35-year career, a 23% wage gap accumulates to roughly $480,060 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Rolling Meadows, Illinois has widened from about 17% to 19% in 2024. Over that period the gap was widest at 20% in 2020, and was narrowest at 14% in 2015. In dollar terms, the gap has widened by $4,894 since 2009.
Sharply against the trend: the pay gap in Rolling Meadows widened by 1.7 points while Illinois's narrowed by 6.5 points.
Employment
| Metric | Rolling Meadows | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 5.8% | 5.2% |
| Working from Home | 16.8% | 15.9% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 698 people are unemployed in Rolling Meadows, Illinois.
The average commute time in Rolling Meadows is 22 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Rolling Meadows, Illinois has fallen from 7.2% to 5.1% in 2024. Over that period the rate peaked at 8.8% in 2014 and fell as low as 3.5% in 2019.
Rolling Meadows has been below the U.S. unemployment rate in most years since 2011, but rose above it in 2021-2023 (as much as 0.6 points higher). In 2024 its rate was 0.1 points lower.
Rolling Meadows, IL Wealth Compared With Nearby Cities
Rolling Meadows, IL is the smallest of the 5 cities compared here, 24,014 residents against a local median of 67,927. The measure that sets Rolling Meadows, IL apart most is unemployment: 5.1%, 39% above the local median of 3.7%. That is the weaker end of the local range on this measure.
The cities themselves sit within 0.6% of each other on unemployment, a tighter band than the gap between any of them and Rolling Meadows, IL, which makes it a genuine outlier here rather than one end of a wide local spread. Rolling Meadows, IL has the 5th 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. |
|---|---|---|---|---|---|
| Rolling Meadows, IL | 24,014 | $95,351 #4/5 | 3.9%/yr #2/5 | 5.1% #5/5 | 0.526 #4/5 |
| Palatine, IL | 58,624 | $100,471 | 3.5%/yr | 3.5% | 0.517 |
| Arlington Heights, IL | 77,229 | $114,070 | 4.7%/yr | 3.6% | 0.512 |
| Schaumburg, IL | 78,574 | $99,871 | 3.4%/yr | 3.7% | 0.521 |
| Elk Grove Village, IL | 27,591 | $92,860 | 3.8%/yr | 4.1% | 0.531 |
Conclusion
Considering all these factors, Rolling Meadows, 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 Rolling Meadows, Illinois.
How Rich Is Rolling Meadows, Illinois?
Rolling Meadows 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 $95,351, about 13% higher than the Illinois average of $84,042.
Are incomes growing in Rolling Meadows, Illinois?
Between 2009 and 2024, the median household income in Rolling Meadows, Illinois rose 62%, from $58,757 to $95,351. Over the same years, income here outpaced Illinois as a whole: +62% against +52%.
What was the median household income in Rolling Meadows in 2023?
In 2023, the median household income in Rolling Meadows, Illinois was $96,626, up 5% from $91,662 in 2022. The Illinois median that year was $82,182.
What was the median household income in Rolling Meadows in 2020?
In 2020, the median household income in Rolling Meadows, Illinois was $81,844. By 2024 it had risen 17% to $95,351.
What is the Gini coefficient in Rolling Meadows, Illinois?
The Gini coefficient in Rolling Meadows is 0.526. 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 Rolling Meadows, Illinois?
Since 2009, the income gap between men and women in Rolling Meadows, Illinois has widened from about 17% to 19% in 2024. Over that period the gap was widest at 20% in 2020, and was narrowest at 14% in 2015. In dollar terms, the gap has widened by $4,894 since 2009.
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