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According to the report, here is how much does it take to be considered "rich" in Chicago: Lowest Income to be Considered "Rich" (Top 20%): $129,772. Average Income of the Top 20%: $253,077. Average Income of the Top 5%: $482,166.
Households in Chicago, IL have a median annual income of $62,097, which is less than the median annual income of $64,994 across the entire United States.
Chicago Demographics White: 47.73% Black or African American: 29.22% Other race: 10.55% Asian: 6.84% Two or more races: 5.28% Native American: 0.34% Native Hawaiian or Pacific Islander: 0.04%
Table PopulationPersons 65 years and over, percent\ue840\ue83f 12.7%Female persons, percent\ue840\ue83f 51.4%Race and Hispanic OriginWhite alone, percent\ue840\ue83f 47.7%54 more rows
Further analysis of recently released 2010 decennial census data indicates that 21.6 percent of the region's residents were Latino in 2010, up from 17.3 percent in 2000.
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Citywide, Chicago's population is almost evenly divided between non-Hispanic blacks (33 percent of its population), non-Hispanic whites (32 percent) and Hispanics (29 percent). So at a macro level, Chicago is quite diverse. At a neighborhood level, it isn't.
Table PopulationIncome & PovertyMedian household income (in 2020 dollars), 2016-2020$62,097Per capita income in past 12 months (in 2020 dollars), 2016-2020$39,068Persons in poverty, percent\ue840\ue83f 17.3%54 more rows
According to 2019 US Census Bureau American Community Survey one-year estimates (which is conducted annually for cities over 65,000 via sampling), the population of Chicago, Illinois was 50.8% White (33.5% Non-Hispanic White and 17.3% Hispanic White), 29.0% Black or African American, 7.0% Asian, 0.4% Native American ...
In fact, even a four person household in Chicago only has a median salary of $76,000.
45.0% White (31.7% non-Hispanic whites); 32.9% Black or African American; 13.4% from some other race; 5.5% Asian (1.6% Chinese, 1.1% Indian, 1.1% Filipino, 0.4% Korean, 0.3% Pakistani, 0.3% Vietnamese, 0.2% Japanese, 0.1% Thai);

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