Is Chicago, Illinois a Good Place To Live? - Living In Chicago, IL

Is Chicago, Illinois a good place to live?
Chicago is a city in Illinois state in USA with a population of 2699350 residents.. The poverty rate of Chicago is 17.3%, which is 24% higher than national average. The typical household in Chicago earns $62097 a year, compared to the national median of $67,500. Nearly 42% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Chicago, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Chicago remained 8.1%, which is 72% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Chicago, only 42% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Chicago is 109, which is 9% higher than national average. Median home value in Chicago is $267600 , which is 16% higher than national average. While median income in Chicago remained $62097, which is 8% lower than national average.
Population
2699350
Unemployment
8.1%
72% NAT AVG.
Poverty
17.3%
24% NAT AVG.
Overall Score
7
Median Home Cost
$267600
16% NAT AVG.
Median Income
$62097
8% NAT AVG.
Median Rent
$1154
1% NAT AVG.
Cost Of Living
109
9% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 12
People Earning < $10,000
1 in 11
People Earning < $50,000
42%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.1
Pros & Cons Overview

Jobs60%

Housing85%

Affordability50%

Safety60%

Amenities100%

Diversity100%

Education80%

Commute40%