Pros and Cons of Living In Chicago, Illinois. Is Chicago, IL a Nice Place To Live or Retire?

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Chicago, Illinois

Moving to Chicago In Illinois ? Is Chicago, IL a Nice Place To Live? Pros and Cons of Living in Chicago, Illinois. Find out the best and worst about to live, raise a family or retire in Chicago.

DEMOGRAPHICS

Population
2699350
Unemployment
8.1%
72% NAT AVG.
Poverty
17.3%
24% NAT AVG.
Cost Of Living
109
9% NAT AVG.

ECONOMICS

Median Home Cost
$267600
16% NAT AVG.
Median Income
$62097
8% NAT AVG.
Median Rent
$1154
1% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 12
People Earning < $10,000
1 in 11
People Earning < $50,000
42%
People With Any Degree
1 in 2.1

ETHNICITY

Ethnicity Chicago USA
White 33.3% 60.1%
African American 28.8% 12.2%
American Indian 0.1% 0.6%
Asian 6.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.2% 2.8%
Hispanic 28.6% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Chicago USA
Less than $10,000 8.8% 5.8%
$10,000 to $14,999 4.7% 4.1%
$15,000 to $24,999 9.4% 8.5%
$25,000 to $34,999 8.4% 8.6%
$35,000 to $49,999 10.7% 12.0%
$50,000 to $74,999 15.3% 17.2%
$75,000 to $99,999 11.5% 12.8%
$100,000 to $149,999 14.3% 15.6%
$150,000 to $199,999 7.3% 7.1%

EDUCATION

Education Chicago USA
< 9th Grade 6% 5.0%
9-12th Grade 7% 7.0%
High School or GED 22% 27.0%
Other College 17% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 24% 20.0%
Master's Degree 12% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 2% 1.0%
Chicago is a city in Illinois state in USA with a population of 2699350 residents.. The poverty rate of Chicago is 17.3%, which is 24% higher than national average. The typical household in Chicago earns $62097 a year, compared to the national median of $67,500. Nearly 42% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Chicago remained 8.1%, which is 72% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Chicago is 109, which is 9% higher than national average. In Chicago, only 42% of adults have a bachelor's degree and 23% have some college but no degree. Median home value in Chicago is $267600 , which is 16% higher than national average. While median income in Chicago remained $62097, which is 8% lower than national average.
Chicago Scorecard

Jobs60%

Housing85%

Affordability50%

Safety60%

Amenities100%

Diversity100%

Education80%

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