Best Online Business Administration Programs in Algonquin, IL (2026)
Algonquin, Illinois has a population of about 29,904. The city’s median household income is $131,753 (Census ACS 2023, 5-year). About 43.6% of adults 25+ hold a bachelor’s degree or higher. There are 5 accredited business administration programs within 100 miles of Algonquin, with tuition ranging from $3,822 to $12,833 per year. In the Chicago-Naperville-Elgin, IL-IN metro area, the top-earning business administration-related role is Financial Manager at a median $164,470 annually (BLS OEWS, May 2024).
Closest Business Administration Schools to Algonquin
The five accredited institutions below are the closest options indexed in our directory that offer business administration programs. Distances are calculated from Algonquin city center.
| School | City | Distance | Tuition | Online |
|---|---|---|---|---|
| McHenry County College | Crystal Lake, IL | 4.4 mi | Contact school for pricing | – |
| Judson University | Elgin, IL | 7.2 mi | Contact school for pricing | – |
| Elgin Community College | Elgin, IL | 10.0 mi | Contact school for pricing | – |
| William Rainey Harper College | Palatine, IL | 13.7 mi | $3,822 - $12,833 | – |
| College of Lake County | Grayslake, IL | 20.4 mi | Contact school for pricing | – |
Source: IPEDS / College Scorecard (2023 cohort). Browse all Illinois schools on the Illinois business administration page.
Business Administration Wages Near Algonquin
Algonquin is part of the Chicago-Naperville-Elgin, IL-IN metro area (BLS area code 16980). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Illinois statewide.
| Occupation | Median Wage | Source | COL-Adjusted (US=100) |
|---|---|---|---|
| General and Operations Manager | $105,310 | Chicago-Naperville-Elgin, IL-IN | $101,651 |
| Administrative Services Manager | $108,610 | Chicago-Naperville-Elgin, IL-IN | $104,836 |
| Financial Manager | $164,470 | Chicago-Naperville-Elgin, IL-IN | $158,755 |
| Human Resources Manager | $137,760 | Chicago-Naperville-Elgin, IL-IN | $132,973 |
| Management Analyst | $120,140 | Chicago-Naperville-Elgin, IL-IN | $115,965 |
| Project Management Specialist | $104,640 | Chicago-Naperville-Elgin, IL-IN | $101,004 |
| Accountant or Auditor | $81,210 | Chicago-Naperville-Elgin, IL-IN | $78,388 |
| Training and Development Specialist | $65,030 | Chicago-Naperville-Elgin, IL-IN | $62,770 |
| Office and Administrative Support Supervisor | $67,940 | Chicago-Naperville-Elgin, IL-IN | $65,579 |
Source: BLS, May 2024 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.
Algonquin at a Glance
| Metric | Value | Source |
|---|---|---|
| Population | 29,904 | Census ACS 2023 5-yr (B01003) |
| Median household income | $131,753 | Census ACS 2023 5-yr (B19013) |
| Adults 25+ with bachelor’s+ | 43.6% | Census ACS 2023 5-yr (B15003) |
| Regional Price Parity (US=100) | 103.6 (above U.S. average) | BEA RPP 2024 |
| Business Administration-related employment in McHenry County | 2,281 workers, 370 establishments | BLS QCEW 2024 annual |
Other Algonquin-Area Cities With Business Administration Programs
- Lake in the Hills, IL – 2.6 mi away (28,830 pop)
- Carpentersville, IL – 3.1 mi away (38,291 pop)
- Crystal Lake, IL – 4.9 mi away (40,339 pop)
- Huntley, IL – 6.0 mi away (26,611 pop)
- Elgin, IL – 8.6 mi away (112,123 pop)
Frequently Asked Questions
How many accredited business administration programs are near Algonquin, IL?
Our directory lists 5 business administration programs within 100 miles of Algonquin. The closest is McHenry County College in Crystal Lake, IL (4.4 miles), and the farthest in our top picks is College of Lake County (20.4 miles). 0 of these programs are offered fully online.
What are the highest-paying business administration roles near Algonquin?
Based on BLS OEWS May 2024 wage data, the top-paying business administration-related roles near Algonquin are: Financial Manager ($164,470), Human Resources Manager ($137,760), Management Analyst ($120,140). These reflect MSA-level medians where published, with Illinois statewide fallback for occupations not reported at the metro level.
Should I look at programs in Lake in the Hills instead of Algonquin?
Lake in the Hills, IL is 2.6 miles from Algonquin and has its own set of local business administration programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.
Is Algonquin an affordable place to study business administration?
Algonquin’s median household income of $131,753 (Census ACS 2023) is one input. Online programs let students stay in Algonquin while attending lower-cost out-of-state schools, and Illinois public universities often offer reduced in-state online tuition.
How do I verify a program is accredited?
Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.
Related Resources
- Online Business Administration Programs in Illinois
- Main Business Administration Degree Guide
- Business Administration Programs by State
Back to Best Online Business Administration Programs in Illinois (2026)
Return to Best Online Business Administration Programs in Illinois (2026)