New Demographic Data For Chicago Released

New demographic data for Chicago has been released by the U.S. Census Bureau- and it’s enlightening. From the Census Bureau’s “Newsroom” yesterday:

Chicago’s Household Income at $43,628 in 2011, American Community Survey Shows

The median household income in Chicago was $43,628 in 2011, compared with the national figure of $50,502, according to statistics released today from the 2011 American Community Survey by the U.S. Census Bureau. In addition, 20.4 percent of people in Chicago did not have health insurance coverage, compared with 15.1 percent nationally. A selected profile of Chicago appears below, including statistics on education, housing and the foreign-born population.

“The American Community Survey provides a wide range of important statistics about our nation’s people, housing and economy for all communities in the country – including Chicago,” said Thomas Mesenbourg, the Census Bureau’s acting director. “The results are used by everyone from retailers, homebuilders and police departments, to town and city planners.”

The survey is the only source of local estimates for most of the 40 topics it covers, such as educational attainment, housing, employment, commuting, language spoken at home, nativity, ancestry and selected monthly homeowner costs down to the smallest communities.

Other selected highlights for Chicago:

Education

• In 2011, 50.1 percent of the preschool age population was enrolled in school, which was not significantly
different from 47.4 percent in the nation as a whole.
• Among Chicago’s 25-and-older population, 80.7 percent completed high school or more, compared with 85.9 percent in the nation as a whole.
• Meanwhile, 33.5 percent of the 25-and-older population had a bachelor’s degree or higher, compared with 28.5 percent nationally.

Housing

In 2011, the median value for an owner-occupied home was $228,300. In the nation as a whole, the value was $173,600.
• In 2011, the median gross rent (rent plus utilities) was $905, compared with $871 in the nation as a whole.

Foreign-Born Population

• About 21.4 percent of people in Chicago were foreign-born, compared with 13.0 percent in the nation as a whole.

(Editor’s note: Italics added for emphasis)

Median household income several thousand dollars below the national average.

Yet median value for owner-occupied homes more than $50,000 above the national average.

And today it’s being reported that unemployment across Illinois rose to 9.1 percent in August, the third straight month of increases in the state.

I wonder if more storm clouds aren’t on the horizon for residential real estate in the “Windy City?”

You can find out more information about the American Community Survey on the Census Bureau’s website here.

Tags: , , , , , , , , ,

Thursday, September 20th, 2012 Education, Employment, Health, Housing, Income, Insurance, Main Street, Population

No comments yet.

Leave a comment

Survival And Prosperity
Est. 2010, Chicagoland, USA
Christopher E. Hill, Editor

Successor to Boom2Bust.com
"The Most Hated Blog On Wall Street"
(Memorial Day Weekend 2007-2010)

This Project Dedicated to St. Jude
Patron Saint of Desperate Situations



Please Rate this Blog HERE

happyToSurvive

Advertising Disclosure here. "Code Needed"=Promo Code Found On Advertiser Website. Ad Captions Last Updated 4/18/16.
ANY CHARACTER HERE
Remington Sale Ends 4/30
ANY CHARACTER HERE
Blade HQ Knives Blade HQ Review Coming Soon
ANY CHARACTER HERE
Buy Gold And Silver Coins Gold/Silver Sale, inc. Chinese Gold Pandas, 90% Silver Franklin Half Dollars (Singles/Rolls/Bags). BGASC Reviewed HERE.
ANY CHARACTER HERE
BullionVault World's Largest Online Investment Gold Service & Part-Owned By World Gold Council. BullionVault.com Reviewed HERE.
ANY CHARACTER HERE
Home Of "Survival Seed Vault" Premium Heirloom Survival Seeds. MyPatriotSupply.com Reviewed HERE.
ANY CHARACTER HERE
Nitro-Pak--The Emergency Preparedness Leader Wise Foods Sale, Up To 50% Off; Mountain House Sale, Up To 35% Off; Warehouse & Clearance Sale, Up To 70% Off! Nitro-Pak Reviewed HERE.
ANY CHARACTER HERE
Instant Upgrades! Up To $977.99 In Free Meals; Dehydrated Green Beans Up To 34% Off; Sampler Pack Now Only $25. Food Insurance Reviewed HERE.
Firefield Sale Ends 4/30
ANY CHARACTER HERE
Chief Supply Tactical Apparel and Gear for Law, Fire, EMS, Military and Outdoors @chief Tru-Spec 24/7 Series Pants 25% Off Thru 4/30; Free Bluetooth Speaker w/ Fatt Maxx 6"/8" Side-Zip Boots; 25% Off Propper Polo Shirts (Code Needed). CHIEF Supply Reviewed HERE.
ANY CHARACTER HERE
World's First Bulletproof Baseball Cap Only $129; Bulletproof Ceramic Plate (NIJ Level III Stand-Alone) Only $169; Bulletproof Backpack/Messenger Bag Panel Only $99. BulletSafe Reviewed HERE.
ANY CHARACTER HERE
Firearm Training Alternatives (Airguns/Airsoft). PyramydAir.com Reviewed HERE.
ANY CHARACTER HERE
40% Off All Orders Thru 4/20 12 PM PST (Code Needed). Airsoft Megastore Reviewed HERE.
ANY CHARACTER HERE
Survival Titles Save 20% 35% Off All "Deals Of The Week" Thru 4/18 (Code Needed). Paladin Press Reviewed HERE.
 

Categories

Archives

Prepper Website

RSS Chris Hill’s Other Blog: Offshore Safe Deposit Boxes

  • Spring Break
    I will be on my “spring break” from blogging on Offshore Safe Deposit Boxes after publishing this post. New material will appear again on the blog starting Monday, May 2. Thanks, Christopher E. Hill Editor
  • Ecuador President Announces One-Time Tax On Millionaires, Workers After Earthquake
    From an Associated Press article on the Fox News Latino website Thursday: President Rafael Correa announced Wednesday night that he is raising sales taxes and will charge a one-time levy on millionaires to rebuild cities devastated by Ecuador’s worst earthquake in decades… Using authority granted by the state of emergency he declared after Saturday night’s […]
  • The Safe House In Singapore
    More safe deposit box news out of Singapore. The Middle Ground, a news site covering that part of the world, ran an article back on March 31 about award-winning bullion dealer Silver Bullion and its subsidiary- The Safe House (TSH), a Singapore private, non-bank vault. Ryan Ong wrote: Silver Bullion is a company that owns […]
  • Bank Branches To Suffer ‘Dramatic Decline’ Over Next Decade?
    Have a safe deposit box at a local bank branch? You may be kissing it goodbye in the next couple of years. Niraj Chokshi reported on The Washington Post website Tuesday: That bank branch on the corner — and the one on the way to work — may not be there much longer. As technology […]
  • Degussa Singapore Latest
    Back on November 3, 2015, I blogged about how Degussa, a leading international player in the precious metals world, had just opened its first Asian branch in Singapore. Yesterday, I came across an article on The Edge Markets website about Degussa Singapore. Jeffrey Tan reported: Degussa Singapore is part of an expansion plan driven by […]