60193 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
60074
60193
Opportunity
46 · Bottom 30%
vs43 · Bottom 26%
Growth
18 · Bottom 6%
vs13 · Bottom 3%
Climate
62 · Bottom 21%
vs62 · Bottom 23%
Physical resilience
70 · Top 35%
vs69 · Top 37%
Housing affordability
84 · Top 44%
vs86 · Top 40%
Schools
40 · Bottom 36%
vs87 · Top 5%
Access
97 · Top 32%
vs97 · Top 32%
Economic stability
75 · Top 21%
vs75 · Top 21%
Measured values
| Metric | 60074 | 60193 | Source period |
|---|---|---|---|
| Population | 36,460 | 40,146 | 2024 ACS 5-Year |
| Median household income | $84,089 | $95,972 | 2024 ACS 5-Year |
| Per capita income | $41,614 | $48,949 | 2024 ACS 5-Year |
| Population density | 5,133/sq mi | 4,558/sq mi | 2024 ACS 5-Year |
| Median home value | $315,500 | $329,900 | 2024 ACS 5-Year |
| Median gross rent | $1,486 | $1,750 | 2024 ACS 5-Year |
| Homeownership rate | 61.6% | 75.8% | 2024 ACS 5-Year |
| Unemployment rate | 4.7% | 5.1% | June 2026 |
| Employment change (year over year) | -3.1% | -3.1% | June 2026 |
| Bachelor's degree or higher | 44.4% | 43.5% | 2024 ACS 5-Year |
| Poverty rate | 9.6% | 6.8% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 4 | 9 | 12 months ending July 2026 |
| Permits per 1,000 residents | 0.1 | 0.1 | 12 months ending July 2026 |
| Permit change (year over year) | -33.3% | -92.6% | 12 months ending July 2026 |
| Average July high | 84°F | 85°F | 1991-2020 Normals |
| Average January low | 18°F | 19°F | 1991-2020 Normals |
| Annual precipitation | 32.3" | 37.9" | 1991-2020 Normals |
| Distance to major airport | 12 mi | 10 mi | NASR current cycle |
| Average commute | 28.5 min | 30.5 min | 2024 ACS 5-Year |
| Median age | 39.3 | 42.2 | 2024 ACS 5-Year |
| Public schools | 6 | 8 | 2024-25 school year |
| Students per teacher | 13.63 | 12.98 | 2024-25 school year |
| Math proficiency | 18.2% | 44.2% | 2019-20 school year |
| Reading proficiency | 15.5% | 48.3% | 2019-20 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
60074
Elevated or high exposure: inland flooding.
60193
Elevated or high exposure: inland flooding.
Full profiles: 60074 — Palatine, IL · 60193 — Schaumburg, IL · How this is calculated: methodology