Chicago, IL cityscape

60601

Chicago, IL

Total Population

16,398
5-year trend
+15.3%

Median Household Income

$121,294
5-year trend
+21.1%

Median Home Value

$556,900
5-year trend
+48.1%

Median Rent

$2,513
5-year trend
+49.5%

About Chicago, IL

Comprehensive Neighborhood Analysis

Neighborhood Profile

Chicago, IL in Cook represents a established neighborhood with approximately 16,398 residents. This affluent area is characterized by a premium real estate market, with median home values around $556,900 and a median household income of $121,294.

The community features a active, family-oriented residents, with a median age of 31.8 years. Residents benefit from a varied educational attainment levels, contributing to a diverse and vibrant local culture. The area's economic landscape reflects its demographic composition, with household incomes and property values aligned with broader regional trends.

Population
16,398

Medium-sized community with diverse demographics

Median Income
$121,294

Affluent earning profile

Home Value
$556,900

Premium real estate market

Quality of Life Overview

Our comprehensive analysis evaluates Chicago, IL across multiple quality-of-life dimensions including amenities access, cost of living, safety metrics, educational opportunities, and climate conditions. The overall livability score of 82/10 reflects these combined factors, providing residents and prospective movers with data-driven insights into the area's living standards.

Key Insights

What the data tells us about this area

Median household income is 101% higher than the state average, indicating an affluent area.

Home values are 103% higher than the state average. This area has a competitive real estate market.

87% of adults (25+) have a bachelor's degree or higher, suggesting a highly educated community.

Median age of 32 years indicates a younger, dynamic community with potential for growth.

Quick Facts & Insights

Key metrics and how they compare

Household Income
$121,294
100.6% above state avg
Home Value
$556,900
102.9% above state avg
Rent
$2,513
100% above state avg
Population Density
16,398 residents
Median Age
31.8 years
Safety Score
72/100
Above average safety

Livability Score

Overall quality of life rating based on key factors

Overall Livability
82
Excellent
Out of 100

Score Breakdown

Amenities
91/100
Cost of Living
100/100
Safety
72/100
Education
74/100
ℹ️ Hover for details
Employment
89/100
Housing
86/100
Weather
69/100

Expert Analysis & Insights

Data-Driven Community Assessment

Our team of data analysts and urban planning experts have evaluated Chicago, IL across multiple dimensions to provide you with actionable insights. These findings are based on comprehensive analysis of demographic trends, economic indicators, housing market dynamics, and quality of life factors.

Below-Average Cost of Living

Opportunity

The cost of living index of 58 is below the national average of 100, meaning your dollar stretches further here. This can translate to higher disposable income, easier savings, and improved quality of life.

Methodology: Our analysis combines official data from the U.S. Census Bureau, Bureau of Labor Statistics, and regional housing databases with proprietary algorithms to identify meaningful patterns and trends. All comparisons use state-level benchmarks unless otherwise noted.

Data Sources & Accuracy

Official Government Data:Demographics and housing statistics are from the U.S. Census Bureau API (American Community Survey 5-Year Estimates). Weather and climate data comes from the National Oceanic and Atmospheric Administration (NOAA) API with official climate normals from the nearest weather station. Crime statistics are from the FBI Crime Data Explorer API, with county-level data when available, otherwise state-level official data.
Modeled Estimates:Schools and some economic indicators are currently modeled using statistical methods based on national averages and regional patterns. For critical decisions, verify with official sources:

Learn more about our data sources and methodology on our Data Sources page.

Interactive Location Map

Chicago, IL 60601

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Coordinates: 41.8119°, -87.6873°Open in Google Maps

Cost of Living

Compared to national average (100 = US average)

Overall Cost Index
58
Lower than avg
100 = US National Average

Cost Index by Category

Housing
-2
Below avg
Transportation
90
Average
Healthcare
95
Average
Groceries
85
Below avg
Utilities
92
Average
Overall
58
Below avg

Economy & Employment

Job market and economic indicators

Labor Force
11,234
Employment Rate
97.1%
Avg. Commute
31 min
Work From Home
39%

Top Industries by Employment

Industry Breakdown

Finance & Insurance
55.1%
Educational Services
20.7%
Manufacturing
8.3%
Arts, Entertainment & Recreation
4.9%
Professional & Business Services
3.4%
Total Employed
10,910
Total Unemployed
310
Unemployment Rate
2.8%

Nearby ZIP Codes

Explore surrounding areas

Frequently Asked Questions

Everything you need to know about Chicago, IL

According to the latest U.S. Census Bureau data, Chicago, IL has a total population of approximately 16,398 residents. This population figure is derived from the American Community Survey (ACS) 5-Year estimates, which provide the most reliable and comprehensive demographic data available.

Have more questions? Our data is continuously updated to provide you with the most accurate and comprehensive information available. For specific inquiries or detailed analysis, consider consulting with local real estate professionals, financial advisors, or community organizations who can provide personalized guidance based on your unique situation.

Demographics Overview

Comprehensive population statistics and demographic breakdown

Key Demographic Insightsfor Chicago, IL

Median household income is 101% below state average, suggesting more affordable cost of living.

High education levels with 86.6% holding bachelor's degrees or higher, well above national average of 33%.

Young population with median age of 31.8 years, attracting young professionals and families.

Strong job market with unemployment rate of 2.8%, below national average.

High remote work adoption with 38.9% working from home.

Low poverty rate of 5.4%, well below national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$121,294
+61.4% vs US
vs State Median
+-100.6%
State: $-20,593,235
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 1.74 people

Total Households
9,252
Family Households
31.9%

Employment by Industry

Where residents work

#1 Industry
Finance
55.1%
#2 Industry
Education
20.7%
#3 Industry
Manufacturing
8.3%
Total Employed Residents:6,178

Commute Patterns

How residents get to work

Short Commute
0.9%
Under 10 minutes
Long Commute
8.0%
Over 60 minutes
Work From Home
38.9%
3,204 workers
Public Transit
27.0%
2,221 workers
Total Commuting Workers:8,241
Commute Insights
High remote work adoption (38.9% work from home)
Good public transit usage (27.0% of workers)

Labor Force Statistics

Employment Rate
97.2%
10,910 employed
Labor Force
11,234
310 unemployed
Unemployment Rate:2.8%
Median Age
31.8 years
Per Capita Income
$131,139
Poverty Rate
5.4%

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