What percentage of people rent in Schaumburg, IL?
37.1% (±2.2 points) of the occupied homes in Schaumburg, IL are rented (2020–2024 American Community Survey).
That is 11,729 renting households against 19,926 that own their home.
In Schaumburg, the share of households that rent went from 36.3% in 2015–2019 to 37.1% in 2020–2024 (+0.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 37.1% (±2.2 points)
- Renting households
- 11,729 (±732)
- Median renter income
- $85,761 (±$5,992)
Who rents and who owns in Schaumburg
| Schaumburg | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 37.1% (±2.2 points) | 42.3% (±0.3 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 11,729 (±732) | 887,660 (±6,720) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 19,926 (±864) | 1,212,570 (±7,287) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.2 (±0.1) | 2.1 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $85,761 (±$5,992) | $55,388 (±$886) | $50,420 (±$471) | $52,966 |
| Median owner household income | $108,329 (±$5,649) | $108,804 (±$833) | $103,505 (±$377) | $100,009 |
In Schaumburg, the renter share is lower than in Cook County (42.3%).
It is also higher than in Illinois (32.9%).
It is higher than the national figure (34.8%).
In Cook County, Schaumburg ranks 35 of 148 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 236 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Schaumburg has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 36.3% (±1.3 points) | 37.1% (±2.2 points) | +0.8 percentage points | Not a measurable change |
| Median gross rent | $1,440 (±$22) | $1,812 (±$42) | +25.8% | No measurable change after inflation |
| Median household income | $83,096 (±$2,830) | $97,514 (±$3,306) | +17.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Schaumburg
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Schaumburg | — | 37.1% (±2.2 points) | — |
| Schaumburg Township | 0.3 mi | 30.7% (±1.8 points) | Lower |
| Roselle | 3.4 mi | 21.6% (±3.2 points) | Lower |
| Hoffman Estates | 4.0 mi | 25.8% (±3.5 points) | Lower |
| Rolling Meadows | 4.4 mi | 28.2% (±4.1 points) | Lower |
| Hanover Park | 4.4 mi | 22.5% (±2.4 points) | Lower |
| Streamwood | 4.9 mi | 11.0% (±1.8 points) | Lower |
| Itasca | 4.9 mi | 30.7% (±4.9 points) | Lower |
| Elk Grove Village | 4.9 mi | 25.3% (±3.0 points) | Lower |
Nearby places with a measurably lower figure: Schaumburg Township, IL (30.7%), Roselle, IL (21.6%), Hoffman Estates, IL (25.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Cook County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 29 | Summit | 39.1% (±7.2 points) |
| 30 (tie) | Berwyn | 38.9% (±3.3 points) |
| 30 (tie) | Berwyn Township | 38.9% (±3.3 points) |
| 32 | East Hazel Crest | 37.9% (±10.6 points) |
| 33 | Elk Grove Township | 37.5% (±2.1 points) |
| 34 | Wheeling | 37.3% (±3.4 points) |
| 35 | Schaumburg | 37.1% (±2.2 points) |
| 36 | Chicago Heights | 36.6% (±4.0 points) |
| 37 | Steger | 36.3% (±7.0 points) |
| 38 | Worth | 36.2% (±6.3 points) |
| 39 (tie) | Alsip | 35.8% (±5.0 points) |
| 39 (tie) | Lyons | 35.8% (±7.2 points) |
| 41 | Sauk Village | 35.4% (±7.4 points) |
Showing 13 of 148 places in Cook County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Schaumburg
How many renters are there in Schaumburg?
Schaumburg has an estimated 11,729 (±732) renting households, 37.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Schaumburg?
In Schaumburg, the share of households that rent went from 36.3% in 2015–2019 to 37.1% in 2020–2024 (+0.8 percentage points), not a measurable change.
How big are renting households in Schaumburg?
A renting household in Schaumburg has 2.2 people on average, against 2.5 in an owned home.
How much do renters earn in Schaumburg?
The median renting household in Schaumburg, IL has an income of $85,761 (±$5,992) a year, against $108,329 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Schaumburg village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Schaumburg village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Schaumburg village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Schaumburg village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Schaumburg village, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Schaumburg village, Illinois (place:68003, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Schaumburg at a glance
- Median rent in Schaumburg
- Rent by bedrooms in Schaumburg
- Rent burden in Schaumburg
- Income and affordability in Schaumburg
- Home values in Schaumburg
- Homeowner costs in Schaumburg
- Property taxes in Schaumburg
- Types of homes in Schaumburg
- Bedrooms in Schaumburg
- Age of homes in Schaumburg
- Vacancy rate in Schaumburg
- Heating fuel in Schaumburg
- Commute and cars in Schaumburg
- Crime reported to police in Schaumburg
- Population growth in Schaumburg
- How long people stay in Schaumburg
- Crowding and facilities in Schaumburg
- Fair Market Rent in Schaumburg
- Illinois landlord and tenant rules
- Housing across Cook County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois