Elk Grove Village vs Palatine

Which is the better fit for you?

Elk Grove Village, IL
55
Area Score
Bottom 37% nationally
Palatine, IL
59
Area Score
Top 48% nationally

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Palatine receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.

If you are moving

What the difference in prices, rent, homes and weather comes to, using the published figures for the two places. Add your income to see what it would take to keep pace.

Moving from Elk Grove Village to Palatine

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Everyday prices
About the same
Regional price level 102.5 against 102.5 (US = 100). Both places sit in the same price region, so the index cannot tell them apart.
Income to keep the same purchasing power
Enter your household income to see it.
A new two-bedroom lease
−$90 a month
HUD benchmarks it at $1,900 in Palatine against $1,990 in Elk Grove Village.
The median home
2% more
$355,600 in Palatine against $347,100 in Elk Grove Village.
The weather you would swap
Winters 1°F colder
Normal January lows are 18°F in Palatine against 19°F in Elk Grove Village; July highs are 84°F against 85°F (summers 1°F cooler).

These are differences between published figures, not a forecast of your budget. Income and sales taxes, commuting, schools, insurance and the job you would actually get are not in them, and a price index describes a metropolitan area, so two places in one metro read the same. HUD’s rent is a benchmark for a new lease, not a listing.

Signals

Elk Grove Village
Palatine
Opportunity: Palatine is the more favorable of the two.
Opportunity
46 · Bottom 29%
vs
53 · Bottom 43%
Growth: Palatine is the more favorable of the two.
Growth
10 · Bottom 1%
vs
17 · Bottom 4%
Climate
62 · Bottom 23%
vs
62 · Bottom 21%
Physical resilience
70 · Top 36%
vs
70 · Top 36%
Housing affordability: Palatine is the more favorable of the two.
Housing affordability
66 · Bottom 49%
vs
70 · Top 40%
Schools: Palatine is the more favorable of the two.
Schools
59 · Top 37%
vs
67 · Top 27%
Access
97 · Top 31%
vs
97 · Top 25%
Economic stability: Palatine is the more favorable of the two.
Economic stability
65 · Top 36%
vs
71 · Top 22%

Measured values

MetricElk Grove VillagePalatineSource period
Population31,98766,2932024 ACS 5-Year
Median household income — the two are too close to separate$94,175 ±$6,044$97,819 ±$4,6502024 ACS 5-Year
Per capita income$46,193$51,147 — more favorable2024 ACS 5-Year
Population density2,730/sq mi4,696/sq mi2024 ACS 5-Year
Median home value$347,100$355,6002024 ACS 5-Year
Median gross rent — the two are too close to separate$1,618 ±$85$1,549 ±$722024 ACS 5-Year
Market rent, two bedroom$1,990$1,900 — more favorableFY2026
Cost of living index102.5102.52023
Homeownership rate74.7%67.4%2024 ACS 5-Year
Unemployment rate4.6%4.2% — more favorableJuly 2026
Employment change (year over year)−3.2%−3.1% — more favorableJuly 2026
Bachelor's degree or higher41.2%51.1% — more favorable2024 ACS 5-Year
Poverty rate — the two are too close to separate8.2% ±3%8.2% ±2%2024 ACS 5-Year
Housing units permitted (12 months)0412 months ending July 2026
Permits per 1,000 residents0.00.1 — more favorable12 months ending July 2026
Permit change (year over year)−42.4%−33.3%12 months ending July 2026
Average July high85°F84°F1991-2020 Normals
Average January low19°F18°F1991-2020 Normals
Annual precipitation37.9"32.3"1991-2020 Normals
Distance to major airport5 mi — more favorable12 miNASR current cycle
Average commute27.4 min — more favorable30.0 min2024 ACS 5-Year
Median age44.840.72024 ACS 5-Year
Public schools10162024-25 school year
Students per teacher12.7 — more favorable14.52024-25 school year
Math proficiency35.3%46.5% — more favorable2018-19 school year
Reading proficiency39.2%44.2% — more favorable2018-19 school year
Free or reduced-price lunch eligibility61.4%39.4%2024-25 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.

3 rows above show both figures with a ± margin and neither in bold. Those come from the American Community Survey, which samples rather than counts, and the gap between the two is smaller than the uncertainty on the figures themselves — so the survey did not find a difference to report, and calling either one the winner would be reading a result out of noise.

The number of units permitted is not marked because the larger place always permits more; the per-resident rate is the fair comparison. The year-over-year change is not marked either: a percentage on fewer than 300 units swings on a handful of permits.

Physical risk tradeoff

Elk Grove Village

Elevated or high exposure: inland flooding.

Palatine

Elevated or high exposure: inland flooding.

Your best match

Weight what matters to you. Your preferences stay in this browser and never change either Area Score.

Elk Grove Village
—
Elk Grove Village: Your Score
55
Area Score
Palatine
—
Palatine: Your Score
59
Area Score

Select your priorities to see which of the two fits them better.

Full profiles: Elk Grove Village, IL · Palatine, IL · How this is calculated: methodology