ChicagoIllinois

Chicago Population Demographics

According to US population projections for 2022, the estimated population of Chicago is 2,696,561. 22.30% is under 18, while 13.84% is over 65.

A closer look at the age demography reveals that 5.54% of the population was five years old or younger, 22.30% were 18 years or younger and 25.05% were aged 65 years and over. The gender split in the state was nearly even, with 51.44% female and 48.56% male.

Chicago Housing

According to the US Census, Chicago has 1,272,191 housing units. The average owner-occupied housing unit rate in Chicago was 89.57%. At the same time, the city's median value of owner-occupied homes was $297,300

Chicago Racial Demographics

In 2020, the US Census estimated that White Alone and Black Or African American Alone constitute 65.08% of Chicago's population. Residents of the city who were Some Other Race Alone, made up 15.82% of the total population.

Other racial groups include Asian Alone, constituting 7.01% of the city's population and American Indian And Alaska Native Alone at 1.26%

How Educated is Chicago

According to Census estimates, in 2021, 24.9% of Chicago residents had a bachelor's degree, while 18.7% had a graduate or professional degree.

Overall, 43.60% of residents have a bachelor's degree or higher.

Average Income in Chicago

The median household income in Chicago is $66,576. This figure is significantly (approximately 0.00%) less than the state average of $66,576.

Estimates by family type revealed that families earned an average of $81,796 per year, while married-couple families earned an average of $113,115.

A closer examination of the income groups of Chicago households revealed that the largest income group consisted of households with an annual income between $50,000 and $74,999. Other groups with yearly high household incomes include those between $100,000 and $149,999 (14.6%) and those with incomes exceeding $200,000 (11.5%). 9.3% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family