Living in Carpentersville, Illinois
Cost of living, income, home prices, rent and demographics of Carpentersville · Census data 2020–2024
Carpentersville has 37,346 residents with a median age of 33.8. The median household income is $86,917 (4% higher than the Illinois median), the median home value is $234,100, the median rent is $1,414/month.
Carpentersville at a glance
- Population
- 37,346
- Median age
- 33.8State: 39
- Median household income
- $86,917State: $83,390
- Median home value
- $234,100State: $263,300
- Median rent
- $1,414/moState: $1,274
- Homeowners
- 71.5%
- Bachelor's degree or higher
- 24.3%
- Average commute
- 28 min
Is Carpentersville a good place to live?
Pros: Median household income 4% higher than the Illinois median; home values 11% lower than the state median; a poverty rate of 10.3%.
Cons: An average commute of 28 minutes; unemployment of 5.9%.
The weather is best in June to September.
Cost of living in Carpentersville
Housing is the biggest part of the cost of living. In Carpentersville the median home value is $234,100, 30% lower than the U.S. median. Renters pay a median of $1,414 per month, which is 27.1% of household income. Homeowners with a mortgage pay $1,863 a month in housing costs.
Carpentersville median household income
The median household income in Carpentersville is $86,917 and the income per person is $31,916. 10.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Carpentersville: homes for sale and rent
- Housing units
- 11,863
- Owner-occupied
- 71.5%
- Renter-occupied
- 28.5%
- Vacant
- 2.4%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 3.22
Carpentersville demographics
- Population
- 37,346
- Median age
- 33.8
- Under 18
- 28.2%
- 65 and older
- 9.6%
- Households
- 11,583
- Foreign-born
- 30.2%
- Veterans
- 4%Adults 18+
Hispanic or Latino can be of any race. Population history of Carpentersville ›
Education in Carpentersville
24.3% of adults 25 and older in Carpentersville have a bachelor's degree or higher (Illinois: 37.8%), and 7.5% have a graduate or professional degree.
Jobs and commute in Carpentersville
- Unemployment rate
- 5.9%State: 5.8%
- Average commute
- 28 minState: 28 min
- Work from home
- 11%
- Drive alone
- 71.1%
- Public transit
- 0.7%
- Walk to work
- 0.9%
- Homes with broadband
- 91.7%
Carpentersville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Carpentersville | 37,346 | $86,917 | $234,100 | $1,414 |
| West Dundee | 7,906 | $105,368 | $360,800 | $1,666 |
| Sleepy Hollow | 3,161 | $149,813 | $382,800 | $1,363 |
| Algonquin | 30,067 | $134,525 | $351,000 | $1,723 |
| East Dundee | 3,146 | $89,583 | $300,000 | $1,277 |
| Lake in the Hills | 28,800 | $117,151 | $321,900 | $1,689 |
| Gilberts | 8,606 | $146,333 | $347,300 | $1,901 |
| Barrington Hills | 3,879 | $205,074 | $913,600 | $3,282 |
| Trout Valley | 574 | $217,292 | $446,200 | — |
More for people moving to Carpentersville
Carpentersville ZIP code ›Weather and climate ›Living in Carpentersville: FAQ
What is the median household income in Carpentersville, IL?
The median household income in Carpentersville is $86,917, 4% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Carpentersville?
The median home value in Carpentersville is $234,100, compared with $263,300 in Illinois.
How much is rent in Carpentersville?
The median gross rent in Carpentersville is $1,414 per month, about 27.1% of household income.
Is Carpentersville, IL a good place to live?
Pluses: median household income 4% higher than the Illinois median; home values 11% lower than the state median; a poverty rate of 10.3%. Minuses: an average commute of 28 minutes; unemployment of 5.9%.
What is the median age in Carpentersville?
The median age in Carpentersville is 33.8 years (Illinois: 39).
How long is the commute in Carpentersville?
The average commute to work in Carpentersville is 28 minutes; 11% of workers work from home.
What is the unemployment rate in Carpentersville?
The unemployment rate in Carpentersville is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Carpentersville?
24.3% of adults in Carpentersville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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