Hoffman Estates : Illinois

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What it's Like to Retire in Hoffman Estates

Hoffman Estates is a new town and northwestern suburb of Chicago, population 54,000. The town was incorporated in 1959 and includes a major subdivision with Centex Corporation. It is the home of the Sears Holding Corporation, the midwest headquarters for AT &T, as well as several of Chicago's professional sports teams. The median household income is about $74,000.
 

Where to Retire in Hoffman Estates and Home Prices

There is a mix of suburban home developments, malls, and business parks.  There is at least one active adult community in Hoffman Estates. Median home price in 2010 was $246,000 according to Zillow.com.
 

What is special about Hoffman Estates

It is a suburb that combines residential with corporate elements. It is home to several indoor professional sports teams. Crime is very low.
 

What is not special about Hoffman Estates

Hoffman Estates is more expensive than most of the Chicago area. Winters are cold.
 

Who will like retirement in Hoffman Estates

People who want to retire in the Chicago suburbs might like it in Hoffman Estates.
 

Local economy is driven by

Hoffman Estates is home to the Sears Holding Company and the regional headquarters of ATT. The Sears Centre Arena is home to indoor professional soccer and football teams. The Prairie Stone Business Park is a large master-planned multi-purpose business park.
 

Climate and Physical Environment

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Restaurants & Cultural Scene

There are 2 libraries serving the area:
 

Crime

Crime is about one third the national average.
 

Medical facilities

There are 3 hospitals within 7 miles.
 

Transportation

Hoffman Estates is connected by the Northwest Tollway to downtown Chicago.
 

Valuable Links

Hoffman Estates Chamber of Commerce
 

What people are saying about Hoffman Estates

Hoffman Estates not near Lake Michigan
We received a correction from a member, Liz, about Hoffman Estates. -- You should correct the description of Hoffman Estates, IL; NOT considered an affluent town, a far northwestern suburb NOT EVEN CLOSE TO Lake Michigan. Hoffman Estates is an affluent northern suburb of Chicago along Lake Michigan -- Thanks Liz - we have corrected that description. It is people like you that help make this site better! [url]http://www.topretirements.com/reviews/Illinois/Hoffman_Estates.html[/url]
Posted by admin on May 11, 2011

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Facts about HOFFMAN ESTATES
  • State: IL
  • Environment: Suburban,Lake,
  • City Population: 50,001-100,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 0 -20
  • Avg July Temperature:
  • Median HH Income: 60,001-80,000
  • Average Home Price (MLS): $200,001-$300,000
  • Annual Property Tax on a $200,000 house: 2000-4000
  • Total Crime Index: <80 (Very low)
  • Cost of Living Index: 111-120 (high)
  • Culture Index: 101-110 (slightly above average)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: admin

Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts

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