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 Range | Population |
| 20 to 24 total | 202,572 |
| 25 to 29 total | 286,656 |
| 30 to 34 total | 253,478 |
| 35 to 39 total | 202843 |
| 40 to 44 total | 170504 |
| 45 to 49 total | 165953 |
| 50 to 54 total | 158624 |
| 55 to 59 total | 154341 |
| 60 to 64 total | 148599 |
| 65 to 69 total | 114392 |
| 70 to 74 total | 65658 |
| 75 to 79 total | 38378 |
| 80 to 84 | 38378 |
| 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)
| Ethnicities | Population | Percent |
| White total | 1389965 | 51.4 |
| Black or African American total | 797489 | 29.5 |
| American Indian and Alaska Native total | 7237 | 0.3 |
| Asian total | 181679 | 6.7 |
| Native Hawaiian and Other Pacific Islander total | 501 | 0.0 |
| Other total | 248437 | 9.2 |
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 Level | Population | Percent |
| Less than Bachelor’s degree total | 1,145,684 | 60.5 |
| Less than 9th grade total | 128582 | 6.8 |
| 9th to 12th grade, no diploma total | 138400 | 7.3 |
| High school graduate (includes equivalency) total | 447009 | 23.6 |
| Some college, no degree total | 326773 | 17.3 |
| Associate’s degree total | 104920 | 5.5 |
| Bachelor’s degree total | 434378 | 23 |
| Graduate or professional degree total | 310648 | 16.4 |
| High school graduate or higher total | 1623728 | 85.9 |
| Bachelor’s degree or higher total | 745026 | 39.4 |
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 Level | Average Income |
| Less than high school graduate | 25380 |
| High school graduate (includes equivalency) | 28838 |
| Some college or associate’s degree | 34527 |
| Bachelor’s degree | 60758 |
| Graduate or professional degree | 77134 |
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)
| Population | Percent | |
| Population 15 Yrs and over total | 2214475 | NA |
| Never Married total | 1087033 | 49.1 |
| Now Married (except separated) total | 763568 | 34.5 |
| Separated total | 54209 | 2.4 |
| Widowed total | 117179 | 5.3 |
| Divorced total | 192486 | 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 Line | 461,399 |
| % Living Beneath the Poverty Line | 17.4 |
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 units | 474852 |
| Renter-occupied housing units | 581266 |
| Single-family detached units | 314057 |
| Homeownership rate | 45% |
| Vacancy rate | 12.6% |
| Renters Rate | 55% |
| Average housing value | 334191 |
| 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 income | 85837 |
| 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 (mins) | 35 |
| 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
Chicago Consumer Spending
| 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) | 3691.26 |
| Dining out – Breakfast | 380.89 |
| Dining out – Lunch | 1120.43 |
| Dining out – Dinner | 1738.29 |
| Education | 1627.07 |
| Entertainment / Recreation | 3063.68 |
| Club membership fees | 234.01 |
| Dating services | 0.96 |
| Pet food | 229.56 |
| Pet services | 59.58 |
| Food consumed at home | 5128.25 |
| Bakery products consumed at home | 669.48 |
| Dairy products consumed at home | 525.64 |
| Fruits and vegetables consumed at home | 1032.96 |
| Meat, poultry, fish, and eggs consumed at home | 1154.43 |
| Nonalcoholic beverages consumed at home | 491.27 |
| Snacks and other food products consumed at home | 1745.74 |
| Health Care | 5250.88 |
| Medical services | 960.72 |
| Nonprescription drugs | 126.97 |
| Household Services | 1952.06 |
| 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 | 2120.49 |
| Utilities, fuel, and public services | 4567.21 |
| Phone services | 1737.20 |
| Water | 633.15 |
| Life and other insurance | 383.95 |
| Pensions and social security | 7740.57 |
| Personal Care Products and Services | 845.51 |
| Hair care products | 845.51 |
| Personal care products | 351.01 |
| Local Transportation | 8042.19 |
| Gasoline | 2123.25 |
| Vehicle maintenance and repair | 1050.68 |
| Travel | 2112.17 |
| 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)
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