Chicago, IL

Chicago, Illinois, Financial Snapshot

Published on 10.1.20 (Last updated on 11.18.20)

Chicago General Demographics

Chicago Age (by category and average)

The median age in Chicago is 34.9

Age RangePopulation
20 to 24 total202,572
25 to 29 total286,656
30 to 34 total253,478
35 to 39 total202843
40 to 44 total170504
45 to 49 total165953
50 to 54 total158624
55 to 59 total154341
60 to 64 total148599
65 to 69 total114392
70 to 74 total65658
75 to 79 total38378
80 to 8438378
85+41608

Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age

Chicago Ethnicity (by category and average)

EthnicitiesPopulationPercent
White total138996551.4
Black or African American total79748929.5
American Indian and Alaska Native total72370.3
Asian total1816796.7
Native Hawaiian and Other Pacific Islander total5010.0
Other total2484379.2

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race

Chicago Education (by category and average)

Education LevelPopulationPercent
Less than Bachelor’s degree total 1,145,68460.5
Less than 9th grade total1285826.8
9th to 12th grade, no diploma total1384007.3
High school graduate (includes equivalency) total44700923.6
Some college, no degree total32677317.3
Associate’s degree total1049205.5
Bachelor’s degree total43437823
Graduate or professional degree total31064816.4
High school graduate or higher total162372885.9
Bachelor’s degree or higher total74502639.4

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)

Chicago Household Income

Less than $10,000 – %9.2
$10,000 to $14,999 – %4.8
$15,000 to $24,999 – %10.4
$25,000 to $34,999 – %9.2
$35,000 to $49,999 – %11
$50,000 to $74,999 – %15.6
$75,000 to $99,999 – %10.6
$100,000 to $149,999 – %13.3
$150,000 to $199,999 – %6.6
$200,000 or more – %9.1

Chicago Income Stats

Median income (dollars)89813
Mean income (dollars)89813

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income

Chicago Income by Education (by category and average)

Education LevelAverage Income
Less than high school graduate25380
High school graduate (includes equivalency)28838
Some college or associate’s degree34527
Bachelor’s degree60758
Graduate or professional degree77134

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)

Chicago Marital Status (by category and average)

PopulationPercent
Population 15 Yrs and over total2214475NA
Never Married total108703349.1
Now Married (except separated) total76356834.5
Separated total542092.4
Widowed total1171795.3
Divorced total192486 8.7

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over

Chicago Poverty Status

# Living Beneath Poverty Line461,399
% Living Beneath the Poverty Line17.4

Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate

Chicago Housing Characteristics

Owner-occupied housing units474852
Renter-occupied housing units581266
Single-family detached units314057
Homeownership rate45%
Vacancy rate12.6%
Renters Rate55%
Average housing value334191
Average monthly owner cost (with a mortgage)1489
Average rent (housing)1063

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics

Chicago Socioeconomic Characteristics

Average income85837
Average household size2.52
Percent population 16 years and over in labor force66.7%
Percent disabled10.4%
Percent with health coverage89.3%
Average travel time to work (mins)35
Percent workers using public transportation28.4%
Percent veterans3.3%
Percent foreign born20.6%
Percent speaking Spanish at home9.8%

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics

Chicago Consumer Spending

Total consumer expenditures per household72,784.94
Alcoholic beverages604.19
Alcoholic beverages consumed at home344.62
Beer consumed away from home107.74
Wine consumed away from home58.57
Apparel & services2,192.60
Men’s Apparel425.51
Women’s Apparel732.68
Children’s Apparel317.95
Boys’ Apparel110.52
Girls’ Apparel120.74
Footwear513.05
Dining out (Food away from home)3691.26
Dining out – Breakfast380.89
Dining out – Lunch1120.43
Dining out – Dinner1738.29
Education1627.07
Entertainment / Recreation3063.68
Club membership fees234.01
Dating services0.96
Pet food229.56
Pet services59.58
Food consumed at home5128.25
Bakery products consumed at home669.48
Dairy products consumed at home525.64
Fruits and vegetables consumed at home1032.96
Meat, poultry, fish, and eggs consumed at home1154.43
Nonalcoholic beverages consumed at home491.27
Snacks and other food products consumed at home1745.74
Health Care5250.88
Medical services960.72
Nonprescription drugs126.97
Household Services1952.06
Care for the elderly and handicapped68.91
Lawn and garden services371.55
Housekeeping services163.21
PC repair6.42
Housing23,970.65
Home improvements2120.49
Utilities, fuel, and public services4567.21
Phone services1737.20
Water633.15
Life and other insurance383.95
Pensions and social security7740.57
Personal Care Products and Services845.51
Hair care products845.51
Personal care products351.01
Local Transportation8042.19
Gasoline2123.25
Vehicle maintenance and repair1050.68
Travel2112.17
Airline fares554.94
Auto/Truck rental on trips25.78
Lodging on trips559.44
Food and drink on trips509.58
Entertainment on trips173.62

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)

 

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