Streamwood, Illinois Income Statistics
Updated
Streamwood 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
Streamwood Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Streamwood | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $95,390 | $84,042 | $80,455 |
| Median Personal Income | $53,258 | $64,565 | $60,758 |
| Average Yearly Income Growth | 3.3% | 4.5% | 4.8% |
| Six-Figure Earners | 10.5% | 15.0% | 13.9% |
| $200k+ Households | 11.0% | 13.8% | 13.2% |
The median household income in Streamwood is about 14% higher than in Illinois. Income has been growing slower in Streamwood (3.3%/yr) than in Illinois (4.5%/yr).
About 11% of adults in Streamwood 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 Streamwood, Illinois grew by 40.8% from 2009 to 2024, reaching $95,390 in 2024. That's an average of about 3.3% per year.
Streamwood has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. The gap has narrowed from 32% in 2009 to 19% in 2024, the closest it has been.
Income Distribution in Streamwood
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 6,043 households (47.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 13.7% of households in Streamwood had an income under $35,000 and 22.8% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Streamwood has a larger share of households earning $100,000 to $149,999 (24.7% vs 17.4%) and a smaller share earning $15,000 to $24,999 (2.2% vs 6.4%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 606 | 4.8% | 5.1% |
| $10,000 to $14,999 | 266 | 2.1% | 3.5% |
| $15,000 to $24,999 | 283 | 2.2% | 6.4% |
| $25,000 to $34,999 | 594 | 4.7% | 6.7% |
| $35,000 to $49,999 | 1,124 | 8.8% | 10.1% |
| $50,000 to $74,999 | 2,071 | 16.3% | 15.5% |
| $75,000 to $99,999 | 1,741 | 13.7% | 12.6% |
| $100,000 to $149,999 | 3,145 | 24.7% | 17.4% |
| $150,000 to $199,999 | 1,502 | 11.8% | 9.5% |
| $200,000 or more | 1,396 | 11.0% | 13.2% |
Shares are of all 12,729 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 3,247 residents (10.5% 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 12.6% of residents who have any income.
In 2024, 16.3% of Streamwood residents aged 15 and over reported no personal income, 24.6% had some income but less than $25,000, and 18.7% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Streamwood has a larger share of residents with no personal income (16.3% vs 12.8%) and a smaller share earning $100,000 or more (10.5% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 5,023 | 16.3% | 12.8% |
| $1 to $9,999 | 3,171 | 10.3% | 11.2% |
| $10,000 to $14,999 | 1,857 | 6.0% | 7.0% |
| $15,000 to $24,999 | 2,559 | 8.3% | 10.5% |
| $25,000 to $34,999 | 3,174 | 10.3% | 9.5% |
| $35,000 to $49,999 | 4,239 | 13.8% | 12.6% |
| $50,000 to $74,999 | 5,016 | 16.3% | 14.3% |
| $75,000 to $99,999 | 2,506 | 8.1% | 8.2% |
| $100,000 or more | 3,247 | 10.5% | 13.9% |
Shares are of the 30,792 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 16.3% 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 Streamwood
| Metric | Streamwood | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.547 | 0.547 | 0.552 |
| Male Median Income | $59,814 | $73,933 | $69,667 |
| Female Median Income | $56,521 | $60,067 | $56,850 |
| Gender Pay Gap | 5.5% | 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 Streamwood, it is 0.547, about the same as Illinois's 0.547, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 6% more than women's income in Streamwood, Illinois. Over a 35-year career, a 6% wage gap accumulates to roughly $115,255 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Streamwood, Illinois has narrowed from about 15% to 6% in 2024. Over that period the gap was widest at 20% in 2019, and was narrowest at 5% in 2015. In dollar terms, the gap has narrowed by $3,418 since 2009.
Employment
| Metric | Streamwood | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 5.8% | 5.2% |
| Working from Home | 11.8% | 15.9% | 15.0% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 645 people are unemployed in Streamwood, Illinois.
The average commute time in Streamwood is 26 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Streamwood, Illinois has fallen from 9.0% to 3.1% in 2024. Over that period the rate peaked at 9.4% in 2012.
Streamwood has crossed the U.S. unemployment rate 3 times since 2011, most recently dropping below it by 2016. In 2024 its rate was 2.1 points lower.
Streamwood, IL Wealth Compared With Nearby Cities
Streamwood, IL is typical in size for this group, 38,420 residents against a local median of 40,642, so the measures below are close to a like for like comparison. Where Streamwood, IL breaks from the cities next to it is unemployment, sitting 19% below the local median of 3.8% at 3.1%. That is the better end of the local range on this measure.
The cities themselves spread 1.1% on unemployment, so Streamwood, IL sits at one end of an already wide local range rather than apart from it. Streamwood, IL has the 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. |
|---|---|---|---|---|---|
| Streamwood, IL | 38,420 | $95,390 #4/5 | 3.3%/yr #5/5 | 3.1% #1/5 | 0.547 #4/5 |
| Bartlett, IL | 33,124 | $126,830 | 4.3%/yr | 3.3% | 0.521 |
| Hanover Park, IL | 30,659 | $93,488 | 3.5%/yr | 4.4% | 0.554 |
| Hoffman Estates, IL | 48,159 | $102,235 | 3.4%/yr | 3.9% | 0.539 |
| Schaumburg, IL | 78,574 | $99,871 | 3.4%/yr | 3.7% | 0.521 |
Conclusion
Considering all these factors, Streamwood, 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 Streamwood, Illinois.
How Rich Is Streamwood, Illinois?
Streamwood 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 $95,390, about 14% higher than the Illinois average of $84,042.
How fast is household income rising in Streamwood, Illinois?
Between 2009 and 2024, the median household income in Streamwood, Illinois rose 41%, from $67,744 to $95,390. Over the same years, income here lagged behind Illinois as a whole: +41% against +52%.
What was the median household income in Streamwood in 2023?
In 2023, the median household income in Streamwood, Illinois was $96,839, up 6% from $91,750 in 2022. The Illinois median that year was $82,182.
What was the median household income in Streamwood in 2020?
In 2020, the median household income in Streamwood, Illinois was $81,784. By 2024 it had risen 17% to $95,390.
Is unemployment high in Streamwood, Illinois?
Unemployment in Streamwood, 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 Streamwood, Illinois?
The Gini coefficient in Streamwood is 0.547. 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 Streamwood, Illinois?
Since 2009, the income gap between men and women in Streamwood, Illinois has narrowed from about 15% to 6% in 2024. Over that period the gap was widest at 20% in 2019, and was narrowest at 5% in 2015. In dollar terms, the gap has narrowed by $3,418 since 2009.
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