Chicago, IL

CHICAGO, ILLINOIS: Demographic and Financial Snapshot

Published on 10.1.20 (Last updated on 11.23.20)

AGE IN CHICAGO, ILLINOIS

Age Range	Population	Percent
20 to 24 years	202,572	7.5%
25 to 29 years	286,656	10.6%
30 to 34 years	253,478	9.4%
35 to 39 years	202843	7.5%
40 to 44 years	170,504	6.3%
45 to 49 years	165,953	6.1%
50 to 54 years	158,624	5.9%
55 to 59 years	154,341	5.7%
60 to 64 years	148,599	5.5%
65 to 69 years	114,392	4.2%
70 to 74 years	89,676	3.3%
75 to 79 years	65,658	2.4%
80 to 84 years	38,378	1.4%
85+ years	41,608	1.5%

The median age in Chicago is 34.9 years

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

ETHNICITY IN CHICAGO, ILLINOIS

Ethnicities	Population	Percent
White	1,389,965	51.4%
Black or African American	797,489	29.5%
American Indian and Alaska Native	7,237	0.3%
Asian	181,679	6.7%
Native Hawaiian and Other Pacific Islander	501	0.0%
Other	248,437	9.2%

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

EDUCATION IN CHICAGO, ILLINOIS

Education Level	Population	Percent
Less than 9th grade	128,582	6.8%
9th to 12th grade, no diploma	138,400	7.3%
High school graduate (includes equivalency)	447,009	23.6%
Some college, no degree	326,773	17.3%
Associate’s degree	104,920	5.5%
Bachelor’s degree	434,378	23.0%
Graduate or professional degree	310,648	16.4%
High school graduate or higher	1,623,728	85.9%
Bachelor’s degree or higher	745,026	39.4%
Less than Bachelor’s degree	1,145,684	60.5%

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

HOUSEHOLD INCOME IN CHICAGO, ILLINOIS

Annual Household Income	Percent
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	11.0%
$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%

Median household income: $57,238

Mean household income: $89,813

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

HOUSEHOLD INCOME BY EDUCATION IN CHICAGO, ILLINOIS

Education Level	Average Income
Less than high school graduate	$25,380
High school graduate (includes equivalency)	$28,838
Some college or Associate’s degree	$34,527
Bachelor’s degree	$60,758
Graduate or professional degree	$77,134

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)

MARITAL STATUS IN CHICAGO, ILLINOIS

	Population	Percent
Population 15+ years	2,214,475	NA
Never married	1,087,033	49.1%
Now married (except separated)	763,568	34.5%
Separated	54,209	2.4%
Widowed	117,179	5.3%
Divorced	192,486	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

POVERTY IN CHICAGO, ILLINOIS

	Population	Percent
Living beneath poverty line	461,399	17.4%

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

HOUSING IN CHICAGO, ILLINOIS

Owner-occupied housing units	474,852
Renter-occupied housing units	581,266
Single-family detached units	314,057
Homeownership rate	45.0%
Vacancy rate	12.6%
Renters Rate	55.0%
Average housing value	$334,191
Average monthly owner cost (with a mortgage)	$1,489
Average rent (housing)	$1,063

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

SOCIOECONOMIC CHARACTERISTICS IN CHICAGO, ILLINOIS

Average income	$85,837
Average household size	2.52
Percent population 16 years and over in labor force	66.7%
Percent disabled	10.4%
Percent with health coverage	89.3%
Average travel time to work	35 minutes
Percent workers using public transportation	28.4%
Percent veterans	3.3%
Percent foreign born	20.6%
Percent speaking Spanish at home	9.8%

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

CONSUMER SPENDING IN CHICAGO, ILLINOIS

Total consumer expenditures per household	$72,784.94
Alcoholic beverages	$604.19
Alcoholic beverages consumed at home	$344.62
Beer consumed away from home	$107.74
Wine consumed away from home	$58.57
Apparel & services	$2,192.60
Men’s apparel	$425.51
Women’s apparel	$732.68
Children’s apparel	$317.95
Boys’ apparel	$110.52
Girls’ apparel	$120.74
Footwear	$513.05
Dining out (food away from home)	$3,691.26
Dining out – Breakfast	$380.89
Dining out – Lunch	$1,120.43
Dining out – Dinner	$1,738.29
Education	$1,627.07
Entertainment / Recreation	$3,063.68
Club membership fees	$234.01
Dating services	$0.96
Pet food	$229.56
Pet services	$59.58
Food consumed at home	$5,128.25
Bakery products consumed at home	$669.48
Dairy products consumed at home	$525.64
Fruits and vegetables consumed at home	$1,032.96
Meat, poultry, fish, and eggs consumed at home	$1,154.43
Nonalcoholic beverages consumed at home	$491.27
Snacks and other food products consumed at home	$1,745.74
Health care	$5,250.88
Medical services	$960.72
Nonprescription drugs	$126.97
Household services	$1,952.06
Care for the elderly and handicapped	$68.91
Lawn and garden services	$371.55
Housekeeping services	$163.21
PC repair	$6.42
Housing	$23,970.65
Home improvements	$2,120.49
Utilities, fuel, and public services	$4,567.21
Phone services	$1,737.20
Water	$633.15
Life and other insurance	$383.95
Pensions and social security	$7,740.57
Personal care products and services	$845.51
Hair care products	$845.51
Personal care products	$351.01
Local transportation	$8,042.19
Gasoline	$2,123.25
Vehicle maintenance and repair	$1,050.68
Travel	$2,112.17
Airline fares	$554.94
Auto / truck rental on trips	$25.78
Lodging on trips	$559.44
Food and drink on trips	$509.58
Entertainment on trips	$173.62

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)

DEBT IN COOK COUNTY (home to Chicago, Illinois)

% with any debt in collections	31%
Average debt in collections	$1,189
% with medical debt in collections	14%
Average medical debt in collections	$470
% with student loan debt	18%
Average student loan debt	$21,410
Average monthly student loan payment	$209
% with auto debt	24%

Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt

UNEMPLOYMENT IN CHICAGO, ILLINOIS

Year	Population	Percent
January 2019	64,900	4.9%
February 2019	58,451	4.4%
March 2019	54,052	4.0%
April 2019	50,461	3.8%
May 2019	49,346	3.7%
June 2019	60,285	4.4%
July 2019	60,911	4.5%
August 2019	57,794	4.3%
September 2019	47,484	3.6%
October 2019	47,873	3.6%
November 2019	43,927	3.3%
December 2019	40,330	3.1%
January 2020	48,784	3.7%
February 2020	46,453	3.5%
March 2020	67,677	5.0%
April 2020	247,498	18.7%
May 2020	234,668	17.2%
June 2020	266,527	18.6%
July 2020	203,694	15.2%

Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)

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