Algonquin, IL
30,067Residents
$134,525Median household income
$1,723/moMedian gross rent
$351,000Median home value
41.4Median age
44%Adults with a bachelor’s degree or higher
88%Homes lived in by their owners
2.6×Home value to household income
Median rent takes about 15% of the median household income in Algonquin.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $69,000 a year. In Illinois that leaves roughly $4,496 a month after tax. See the full paycheck breakdown for $70,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.