DollarTimes
You are Here:
DollarTimes.com > Mortgage > Illinois > Chicago
Chicago, Illinois Mortgage and Housing Information
Population: 2,896,016
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
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 |
Ownership of Houses and Condos
| 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% |
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 |
Age of Chicago Residents
| Males | 30 |
|---|---|
| Females | 32 |
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 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 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% |
Comments on Chicago
Latest comment on Chicago
August 7th, 2008
It’s easy to live in chicago without a car. most areas are safe, but there are definitely some dangerous parts of the city
Mortgage Calculator
What Will Your Monthly Payment Be?
© HBrothers 2007. Contact us |
About us
August 7th, 2008
It’s easy to live in chicago without a car. most areas are safe, but there are definitely some dangerous parts of the city
– Unregistered User
August 7th, 2008
Big, cool city with Oprah and Jerry Springer. Friendly people and is cheaper than big cities on the coasts
– Unregistered User
July 23rd, 2008
Big and dirty. Lots of traffic and big buildings. Chicago is very affordable and authentic with a minimum of yuppie BS. They have pretty good public transit with the El. The Lake Michigan beaches are beautiful, but crowded.
– Dan
July 23rd, 2008
Great city, with friendly people. The summer here is great for beaches and baseball games. Winter is somewhat brutal. Young people from all over the midwest and the country move to Chicago for opportunity and fun
– Unregistered User