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Chicago, Illinois Mortgage and Housing Information
Population: 2,896,016
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Chicago
Income
| U.S. | Illinois | Chicago | |
|---|---|---|---|
| Median Earnings | $27,239 | $29,430 | $27,494 |
| Median Earnings, Males | $32,396 | $35,770 | $30,757 |
| Median Earnings, Females | $22,097 | $22,932 | $25,215 |
Males earn $5,542 (22.0%) more than Females in Chicago.
Commuting in Chicago
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 597,598 |
| Carpooled | 172,722 |
| Public Transit | 310,924 |
| Bicycle | 5,956 |
| Walking | 67,556 |
| Other Means | 9,218 |
| Total, Commuted | 1,163,974 |
| Worked from home | 28,165 |
| Total | 1,192,139 |
Time Spent Commuting in Chicago
Time spent commuting in Chicago
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 15,074 |
| 5-9 | 50,657 |
| 10-14 | 88,225 |
| 15-19 | 121,499 |
| 20-24 | 142,451 |
| 25-29 | 60,352 |
| 30-34 | 218,508 |
| 35-39 | 40,375 |
| 40-44 | 69,961 |
| 45-59 | 171,100 |
| 60-89 | 133,591 |
| Over 90 | 52,181 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 137,310 | 16.2% | 162,633 | 19.2% |
| Associate Degree | 43,541 | 5.1% | 56,893 | 6.7% |
| Bachelor's Degree | 156,263 | 18.4% | 156,238 | 18.4% |
| Master's Degree | 61,206 | 7.2% | 77,411 | 9.1% |
| Professional Degree | 25,904 | 3.1% | 20,564 | 2.4% |
| Doctorate Degree | 11,192 | 1.3% | 10,003 | 1.2% |
| Total (at least some college) | 435,416 | 51.3% | 483,742 | 52.5% |
| Total over 25 | 849,250 | 100% | 922,209 | 100% |
Housing in Chicago
Value of Houses and Condos
| U.S. | Illinois | Chicago | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $200,200 | $277,900 |
Monthly Owner Costs
| U.S. | Illinois | Chicago | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,566 | $1,840 |
| Without a mortgage | $399 | $490 | $559 |
Tenancy in Chicago
| Owner-occupied homes | 500,638 |
|---|---|
| Renter-occupied homes | 515,047 |
| Homes for sale | 19,719 |
| Homes for rent | 55,412 |
| Total | 1,175,547 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Chicago (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 134,445 | 26.9% |
| First Mortgage Only | 277,261 | 55.4% |
| Second Mortgage and/or Home Equity Loan | 88,932 | 17.8% |
| Total | 500,638 | 100% |
Age of Chicago Residents
| Males | Females |
|---|---|
| 30 | 32 |
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