AreaProfile

Chicago, Illinois

Area Profile

2,711,226 residents. Jobs, income, climate, physical risk, development and airport access for Chicago, in Cook County.

55
Area Score
Bottom 20% of 133 published profiles

How we calculate this

How this area ranks
Opportunity128th of 139 published cities35
Growth128th of 134 published cities15
Housing affordabilityTop 36% of 150 published cities76
Climate113th of 149 published cities63
Physical resilienceTop 30% of 150 published cities69
Access108th of 149 published cities94
Economic stability91st of 150 published cities52
The quick read

Employment conditions sit below most comparable published city profiles: unemployment is 5.9% and the Opportunity signal places Chicago in the bottom 8%.

Residential permitting has slowed: 2,531 units authorized over the past twelve months, 52% below the prior year.

A major airport is 15 miles away, giving the area unusually direct access to the national air network.

At a glance

Population
2,711,226
2024 ACS 5-Year
Median household income
$77,902
Top 36% nationally
Density
11,904/sq mi
227.7 sq mi of land
Median age
35.8
2024 ACS 5-Year
County
Cook County
Illinois
Metro area
Chicago-Naperville-Elgin, IL-IN
Nearest major airport
ORD
15 mi · Chicago O'Hare Intl
Median home value
$334,100
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 5.9% is lower than 6% of the 140 measured US cities.

Employment fell 3.1% over the past year, to 1,387,614 employed residents.

44% of adults hold a four-year degree, higher than 85% of measured US cities.

MetricValueCompared with peersSource period
Median household income ±$907$77,902Top 36%2024 ACS 5-Year
Per capita income ±$581$50,086Top 17%2024 ACS 5-Year
Poverty rate16.8%Top 31%2024 ACS 5-Year
Average commute35.9 minTop 14%2024 ACS 5-Year
Bachelor's degree or higher44.3%Top 15%2024 ACS 5-Year
Employment1,387,614Top 1%June 2026
Employment change (3 years)-0.6%Bottom 40%June 2026
Employment change (year over year)-3.1%Bottom 8%June 2026
Labor force1,474,521Top 1%June 2026
Labor force participation67.6%Top 25%2024 ACS 5-Year
Mean annual wage$73,380Top 24%2025 OEWS
Median annual wage$54,720Top 26%2025 OEWS
Unemployment change (year over year)0.8%Top 9%June 2026
Unemployment rate5.9%Top 6%June 2026
Unemployment rate
2021/062022/032022/122023/092024/062025/032026/012026/069.14.1
Monthly unemployment rate from the Bureau of Labor Statistics, most recent value 5.9% in June 2026.
Median household income, successive ACS releases
202120222023202478k66k
Each point is a separate five-year estimate, most recently $77,902 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.
Largest occupations — Chicago-Naperville-Elgin, IL-IN
OccupationPeople employedMedian annual wage
Laborers and Freight, Stock, and Material Movers, Hand157,920$40,550
General and Operations Managers122,930$109,390
Home Health and Personal Care Aides108,520$38,180
Registered Nurses100,240$100,490
Cashiers99,240$35,010
Fast Food and Counter Workers97,280$34,630

Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.

Housing & affordability

How it’s calculated →

Median rent of $1,440 takes 22% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 4.3 times median household income here, above the historic benchmark of about three times income.

Rent as a share of income
22.2%
Below the 30% cost-burdened threshold
Home price to income
4.3×
median home value ÷ median income
Median gross rent
$1,440
2024 ACS 5-Year
Median home value
$334,100
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income4.29Top 23%2024 ACS 5-Year
Homeownership rate46.0%Bottom 7%2024 ACS 5-Year
Housing units ±3,6511,277,054Top 1%2024 ACS 5-Year
Median gross rent ±$10$1,440Top 22%2024 ACS 5-Year
Median home value ±$2,424$334,100Top 24%2024 ACS 5-Year
Rent as a share of income22.2%Top 28%2024 ACS 5-Year
Vacancy rate9.1%Bottom 47%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
15/ 100
Ranks 128 of 134 published city profiles
Permitting is decreasing, measured from 2020 to 2025.

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

Population has fallen 1% since 2020, reaching 2,721,308 in 2024.

Permitting has turned downward after moving the other way the year before.

66% of recently permitted units are in buildings of five or more homes, so new supply is concentrated in apartments and condominiums rather than detached houses.

At 0.9 permitted units per 1,000 residents, building activity is below the median for measured US cities.

Units permitted
2,531
12 months ending July 2026
Per 1,000 residents
0.9
Bottom 7% nationally
Year over year
−52%
vs the prior twelve months
Multifamily share
65.5%
units in 5+ unit buildings
Population, annual estimates
202020212022202320242745k2684k
Census Population Estimates Program, July 1 of each year. These annual estimates are designed for year-over-year comparison, unlike the ACS five-year figure shown as this profile's population.
Housing units permitted per year
2020202120222023202420257k4k
Annual totals from the Census Building Permits Survey. Permitting in 2025 was lower than 2020 (−5%).

Weather & climate

5 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 85°F and January a low of 19°F.

Normal annual precipitation is 34.4 inches.

10°30°50°70°90°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station CHICAGO MIDWAY AP, 4.9 miles from this location.
Precipitation
JFMAMJJASOND4.1"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation34.4"1991-2020 Normals
Average January low19°F1991-2020 Normals
Average July high85°F1991-2020 Normals
Comfortable months51991-2020 Normals
Seasonal temperature swing50°F1991-2020 Normals

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today.

Physical risk

69 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are inland flooding and earthquake.

Inland floodingElevated
EarthquakeModerate

Low or minimal exposure: cold wave, tornado, winter weather, heat wave, strong wind, hail, lightning, ice storm, landslide, wildfire, hurricane, coastal flooding, drought.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. City values are the population-weighted mean of the counties the city overlaps, using AreaProfile place-to-county land-area weights. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

Taxes

AreaProfile does not yet publish tax comparisons. No tax dataset has met the source admission test for coverage, methodology transparency and update cadence, and the product rule is to omit a dimension rather than estimate it. The Area Score is calculated without a tax component and the weighting is documented on the methodology page.

Nothing on AreaProfile is individualized tax advice.

Access

3 major airports lie within 100 miles, the nearest 15 miles away.

AirportCodeDistanceLongest runway
Chicago O'Hare IntlORD15 mi11,245 ft
Gary/Chicago IntlGYY21 mi8,859 ft
South Bend IntlSBN71 mi8,412 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
JobsU.S. Bureau of Labor Statistics
Occupational Employment and Wage Statistics
2025 OEWSAnnual (spring release)
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)

Profile recalculated August 29, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

ZIP codes in Chicago

6 published ZIP profiles
ZIPPopulationMedian household incomeArea Score
60629108,324$60,82650
6061891,901$106,38457
6063289,107$64,80952
6064784,749$107,06056
6063984,240$61,08949
6062381,277$51,87847