Village of

Carol Stream

The Village of Carol Stream began with the vision of Jay Stream. As founder and original developer, he incorporated Carol Stream in 1959 and named it after his 14 year-old daughter, Carol. Over the past 60 years, careful planning and dedicated development teams shaped the Village into what it is today – a dynamic community showcasing economic prosperity, sought after traditional neighborhoods, and a full array of Village services. Carol Stream is home to over 1,000 businesses, 39,000 residents, 2 million square feet of commercial building space and over 20 million square feet of manufacturing and warehouse space.

In its annual ranking of the best American communities to live and raise a family for 2011, Money Magazine ranked Carol Stream as the best small town in Illinois, and the 49th best in the nation. In 2016, Carol Stream was ranked as one of the Best Small Cities in America by WalletHub® in a survey which compared over 1,200 cities with populations between 25,000 and 100,000 based on 30 key indicators of livability. Carol Stream was again highly ranked by WalletHub® in a 2021 study that rated municipalities based on affordability, economic health, education and health, quality of life and safety. The Village of Carol Stream continues to prosper under a progressive land development plan administered by the Village’s Community Development staff. Carol Stream prides itself on streamlined entitlement and building permit processes, as well as an in-house engineering and architectural plan review team supplemented by expert consultants. By working closely with businesses from the start, we ensure a quick turnaround time to get projects up and running as quickly as possible. If you are considering Carol Stream for your business location, know that we will work hard to make sure all of your questions are answered and your business needs are met. We understand the investment you are making and we are confident that your business will prosper in Carol Stream.

economic overview
economic overview





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High School Graduation Rate


Bachelor’s Degree or Higher


500 N. Gary Ave.
Carol Stream, Illinois 60188
Phone: (630) 871-6230

Data Sources: U.S. Census Bureau, JobsEQ, ESRI