Chicago has a population of 2,721,914 with a median age of 35.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,721,914 |
| Median Age | 35.3 |
| White | 42.4% |
| Black or African American | 28.8% |
| Asian | 7.0% |
| Hispanic or Latino | 29.0% |
The median household income in Chicago is $71,673, which is 4.6% below the national median of $75,149. The per capita income is $45,840. The poverty rate is 16.9%.
The unemployment rate in Chicago is 8.2%, compared to the national rate of 5.4%.
In Chicago, 86.6% of residents age 25+ have a high school diploma or higher, and 42.4% hold a bachelor's degree or higher (18.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 86.6% |
| Bachelor's Degree or Higher | 42.4% |
| Graduate or Professional Degree | 18.0% |
The median home value in Chicago is $304,500, above the national median of $281,900. The median monthly rent is $1,314. The homeownership rate is 45.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $304,500 |
| Median Monthly Rent | $1,314 |
| Homeownership Rate | 45.6% |
| Vacancy Rate | 10.2% |
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