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Schaumburg, IL Real Estate

Schaumburg is a city in Cook County, Illinois with a population of about 76,780. The median home value is near $312,200, and median rent runs around $1,774/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$312,200
Median Rent
$1,774/mo
Population
76,780
Median Income
$94,690
Median Age
39.7
Homeownership
61.8%

Monthly payment on a median Schaumburg home

Example for a $312,200 home: 20% down, 30-yr at ~6.75%, IL property tax ~2.05%, 0.4% insurance.

Est. monthly (PITI)
$2,257
Principal & interest
$1,620
Property tax / mo
$533
Down payment (20%)
$62,440

Schaumburg at a glance

  • 30.5% of residents 25+ hold a bachelor's degree or higher.
  • 61.8% of occupied homes are owner-occupied.
  • Median household income is $94,690.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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