What to know when moving to Elk Grove Village, IL
TL;DR: Elk Grove Village at a Glance
- The Vibe:
- A community where 41.1% of residents hold a bachelor's degree and 26% are renters.
- The Major Draw:
- Median household income stands at $95,240, which is relatively high for the area.
- The Reality Check:
- Only 2.2% of residents use public transit, indicating a car-dependent lifestyle.
- Top Tip:
- Budget for $1,574/month in rent.
The 'Vibe' Check: Who Thrives Here?
Elk Grove Village presents a well-educated population with 41.1% of residents holding a bachelor's degree. The community has a strong homeowner presence, with 74% of residents owning their homes. Median gross rent is $1,574, making housing relatively accessible compared to many other areas. With an average of 45 rainy days per year, those moving here should consider investing in rain gear.
Probably not your spot if you prefer a high public transit availability, as only 2.2% of the population commutes this way.
Your Money: Housing & Cost Snapshot
- Median household income is $95,240, indicating a solid economic base.
- Median gross rent is $1,574, which is manageable compared to the national average.
- Homeowners make up 74% of the population, suggesting a stable housing market.
- Poverty rate is low at 6.8%, reflecting the area's economic health.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
In Illinois, the state-level crime statistics show a decreasing trend in both violent and property crimes.
- Violent crime rate is 245.7 per 100,000, which is 24.5% lower than the national average.
- Property crime rate stands at 1,549 per 100,000, slightly above the national average of 1,547.
- Notable trend: The violent crime rate has decreased by 28.7% since 2022.
Source: FBI Crime Data Explorer (state-level summarized data for Illinois).
Schools & Higher Ed
Elk Grove Village has access to a range of educational institutions in the surrounding area.
- Total postsecondary institutions nearby: 28.
- Institutions with College Scorecard data: 27.
- Notable nearby schools include Concordia University-Chicago and City Colleges of Chicago-Wilbur Wright College.
Source: NCES Postsecondary School Locations, U.S. Dept. of Education College Scorecard.
Weather & Getting Outside
Cook County experiences an annual precipitation of about 18.7 inches, spread over an average of 45 rainy days. This means you might want to keep an umbrella handy. There are several parks in the area perfect for outdoor activities.
- Lake Park - 4.7 stars, 1,327 reviews
- The Water Works Indoor Water Park - 4.4 stars, 1,216 reviews
- Wonder Works Children's Museum - 4.5 stars, 709 reviews
- Wilder Park - 4.7 stars, 663 reviews
Sources: NOAA Climate Data Online, Google Places.
Jobs & the Local Economy
In Cook County, the job market is fairly robust with a significant labor force.
- Unemployment rate is 4.6% as of December 2025.
- Total employment stands at approximately 2,616,332 individuals.
- The labor force consists of about 2,741,497 people.
Source: Bureau of Labor Statistics, Local Area Unemployment Statistics.