Chicago, IL
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LIVING IN CHICAGO
Chicago is an enormous city located in the state of Illinois. With a population of 2,705,994 people and 795 constituent neighborhoods, Chicago is the largest community in Illinois. Chicago has a large stock of pre-World War II architecture, making it one of the older and more historic cities in the country. Want to learn more about commercial property in Chicago 300k – 1mil?
Chicago real estate is some of the most expensive in Illinois, although Chicago house values don’t compare to the most expensive real estate in the U.S.
Unlike some cities, Chicago isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Chicago are a mix of both white- and blue-collar jobs. Overall, Chicago is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Chicago who work in office and administrative support (10.94%), sales jobs (10.11%), and management occupations (9.78%).
Also of interest is that Chicago has more people living here who work in computers and math than 95% of the places in the US.
Chicago is one of the most attractive larger cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have undergraduate or graduate degrees and are starting their professional careers. Although Chicago is a large city, this demographic is significant enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more. commercial property Chicago 300k – 1mil
One downside of living in Chicago, however, is that residents on average have to contend with a long commute, spending on average 35.44 minutes every day commuting to work. It is, however, a pedestrian-friendly city. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Chicago is a big city, and with that comes lots of benefits. One benefit is that most big cities have public transit, but Chicago really shines when it comes to the extensiveness and use of its public transit system. More than most large American cities, Chicago citizens use public transit daily to get to and from work. And while there are transportation options, most people in Chicago ride the bus. Whereas in some cities one is destined to sit in traffic every morning to get to work and every evening to get home, in Chicago a lot leave their cars at home (if they even choose to own one), and hop a ride on the bus.
The education level of Chicago citizens is very high relative to the national average among all cities (21.84%): 38.39% of adults in Chicago have a bachelor’s degree or even advanced degree.
The per capita income in Chicago in 2018 was $34,775, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $139,100 for a family of four. However, Chicago contains both very wealthy and poor people as well.
Chicago is an extremely ethnically-diverse city. The people who call Chicago home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Chicago residents report their race to be White, followed by Black or African-American. Chicago also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 28.99% of the city’s residents. Important ancestries of people in Chicago include Irish, German, Polish, Italian, and English.
Foreign born people are also an important part of Chicago’s cultural character, accounting for 20.56% of the city’s population.
The most common language spoken in Chicago is English. Other important languages spoken here include Spanish and Polish.
(Content Sourced from https://www.neighborhoodscout.com/il/chicago)
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