Most Expensive Chicago Neighborhoods
|1||N Halsted St / W Fullerton Ave|
|2||N Cleveland Ave / W Armitage Ave|
|3||W Fullerton Ave / N Clybourn Ave|
|4||N Halsted St / W Willow St|
|5||W Henderson St / N Lakewood Ave|
|6||W Addison St / N Leavitt St|
|7||N Damen Ave / W Wabansia Ave|
|8||Meadville Lombard Theological School / S Woodlawn Ave|
|9||N Ashland Ave / W George St|
|10||N Seminary Ave / N Lincoln Ave|
Chicago is an enormous city located in the state of Illinois. With a population of 2,722,389 people and 795 constituent neighborhoods, Chicago is the largest community in Illinois. Much of the housing stock in Chicago was built prior to World War II, making it one of the older and more historic cities in the country.
Chicago real estate is some of the most expensive in Illinois, although Chicago house values don't compare to the most expensive real estate in the U.S.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Chicago is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Chicago is a city of sales and office workers, professionals and service providers. There are especially a lot of people living in Chicago who work in office and administrative support (12.82%), sales jobs (10.26%) and management occupations (9.06%).
Also of interest is that Chicago has more people living here who work in computers and math than 95% of the places in the US.
One thing noticeable about Chicago, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Chicago is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Chicago a great place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun. In fact, Chicago is one of the top larger cities in America for educated single professionals to flock.
One downside of living in Chicago, however, is that residents on average have to contend with a long commute, spending on average 34.32 minutes every day commuting to work. It is, however, a pedestrian-friendly city. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Chicago is a big city, and with that comes lots of benefits. One benefit is that most big cities have public transit, but Chicago really shines when it comes to the extensiveness and use of its public transit system. More than most large American cities, Chicago citizens use public transit daily to get to and from work. And while there are transportation options, most people in Chicago ride the bus. Whereas in some cities one is destined to sit in traffic every morning to get to work and every evening to get home, in Chicago a lot leave their cars at home (if they even choose to own one), and hop a ride on the bus.
The population of Chicago is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 34.90% of adults in Chicago have a bachelor's degree or even advanced degree.
The per capita income in Chicago in 2010 was $28,623, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $114,492 for a family of four. However, Chicago contains both very wealthy and poor people as well.
Chicago is an extremely ethnically-diverse city. The people who call Chicago home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Chicago residents report their race to be White, followed by Black or African-American. Chicago also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 28.95% of the city’s residents. Important ancestries of people in Chicago include Irish, German, Polish, Italian and English.
In addition, Chicago has a lot of people living here who were born outside of the US (20.92%).
The most common language spoken in Chicago is English. Other important languages spoken here include Spanish and Polish.
|NUMBER OF HOMES AND APARTMENTS||1,028,829|
|CHICAGO HOME OWNERSHIP|
|% OWNER OCCUPIED||43.75%|
|% RENTER OCCUPIED||56.25%|
|TYPE OF CHICAGO HOMES|
|SINGLE FAMILY DETACHED||25.39%|
|ROWHOUSES AND ATTACHED HOMES||3.48%|
|SMALL APARTMENT BUILDINGS||30.94%|
|COMPLEXES OR HIGH RISE APARTMENTS||39.95%|
|SIZE OF CHICAGO HOMES|
|5 OR MORE BEDROOMS||3.41%|
|AGE OF CHICAGO HOMES|
|NEWER HOMES (2000 OR LATER)||9.05%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||15.14%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||30.64%|
|HISTORIC (1939 OR BEFORE)||45.16%|
|CHICAGO REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$253,809|
|MEDIAN RENTAL PRICE||$1,049|
|HOME VALUE RANGE|
|$0 - $54,000||3.74%|
|$54,001 - $109,000||9.14%|
|$109,001 - $218,000||30.15%|
|$218,001 - $327,000||24.33%|
|$327,001 - $435,000||14.59%|
|$435,001 - $544,000||6.53%|
|$544,001 - $816,000||6.61%|
|$816,001 - $1,088,000||2.28%|
|PEOPLE OF CHICAGO||DETAILS|
|UNDER 5 YEARS||6.84%|
|5 TO 17||15.64%|
|18 TO 24||10.89%|
|25 TO 34||19.14%|
|35 TO 54||26.50%|
|55 TO 64||10.28%|
|65 YEARS AND OVER||10.72%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||81.63%|
|MEDIAN HOUSEHOLD INCOME||$47,831|
|PER CAPITA INCOME||$28,623|
|INDIVIDUALS BELOW POVERTY LEVEL||22.72%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (13.12%)
Professional, scientific, and technical services (10.10%)
Public Service (4.35%)
Information Technology (2.37%)
Real estate (2.11%)
|BLACK OR AFRICAN AMERICAN||31.85%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.27%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.03%|
|SOME OTHER RACE ALONE||11.48%|
|TWO OR MORE RACES||2.23%|
|HISPANIC OR LATINO (OF ANY RACE)||28.95%|
|ETHNICITIES PRESENT||Irish (7.49%)
|LANGUAGES SPOKEN||English (64.11%)
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