Schaumburg is a city in Illinois state in USA with a population of 73392 residents.. The poverty rate of Schaumburg is 5.7%, which is 59% lower than national average. The typical household in Schaumburg earns $82387 a year, compared to the national median of $67,500. Nearly 26.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Schaumburg, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Schaumburg remained 3.6%, which is 23% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Schaumburg, only 50% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Schaumburg is 117, which is 17% higher than national average. Median home value in Schaumburg is $261900 , which is 14% higher than national average. While median income in Schaumburg remained $82387, which is 22% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.