NEIGHBORHOOD
Old
Illinois · Chicago · 11,516 residents · 0.266 sq mi
The short version
Old is significantly wealthier than the US average, with a median household income of $112,539. Population has held roughly steady since 2024. 75% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $624,535. At a median age of 30.9, residents skew younger than the country as a whole. Households here earn about 44% more than the Chicago median. These figures are approximated by combining the 2 census tracts that make up Old; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 30.9
US median: 38.9
More educated
75% hold a bachelor's degree
US average: 36%
Renter-heavy
40% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
11,516
Population density
43,293 / sq mi
US average: 281
Median age
30.9
US average: 38.9
Section 02
Income & economy
Median household income
$112,539
US average: $82,259
Per capita income
$94,975
US average: $44,673
Households earning $100K+
63.7%
US average: 53.3%
Poverty rate
17.7%
US average: 12.5%
Income inequality (Gini)
0.540
US average: 0.476
Workforce by industry, 2024
Other services13.8%
Public administration12.1%
Finance & insurance9.6%
Professional, scientific, technical9.4%
Arts, entertainment, food3.5%
Retail trade2.6%
Transportation & warehousing2%
Information1.4%
Wholesale trade1.3%
Education & health services0.3%
Agriculture, forestry, fishing0.2%
Construction0.2%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$624,535
US average: $376,019
Median gross rent
$1,688
US average: $1,442
Owner-occupied
39.9%
60.1% rent
Vacancy rate
3.9%
US average: 10.0%
Owner cost-burdened
27.8%
US average: 22.9%
Renter cost-burdened
38.8%
US average: 47.4%
Afford Score
5.5
RELATED:See current rent listings in Old on RentDataNow
Section 04
Race & ethnicity
2024
White, non-Hispanic48%(5,526)
Black27.3%(3,146)
Hispanic / Latino11%(1,270)
Asian9.4%(1,087)
Other4.2%(487)
Diversity Score84%(9,677)
2024
White, non-Hispanic48%(5,526)
Black27.3%(3,146)
Hispanic / Latino11%(1,270)
Asian9.4%(1,087)
Other4.2%(487)
Diversity Score84%(9,677)
Diversity Score
84
Section 05
Education
Bachelor's degree or higher
74.7%
US average: 35.6%
High school or higher
93.9%
US average: 89.6%
Graduate degree
34.2%
US average: 14.0%
Section 06
Commute & transportation
Average commute
29.8 min
US average: 26.5
Drive alone to work
17.1%
US average: 68.9%
Carpooled to work
2.8%
US average: 8.5%
Public transit
31.6%
US average: 3.2%
Worked from home
35.4%
US average: 15.0%
Walked to work
9.1%
US average: 2.4%
Biked to work
3.3%
US average: 0.4%
No vehicle available
37.7%
US average: 8.3%
Section 07
Work & employment
Unemployment rate
6.0%
US average: 5.2%
Labor force participation
83.2%
US average: 63.5%
Self-employed
6.9%
US average: 13.1%
Management & professional
64.4%
US average: 42.5%
Section 08
People & community
Male
45.9%
Female
54.1%
Foreign born
10.2%
US average: 14.1%
Veterans
1.0%
US average: 6.2%
With a disability
9.6%
US average: 13.3%
Uninsured
4.9%
US average: 8.4%
Broadband at home
93.7%
US average: 91.0%
English only at home
84.3%
US average: 77.7%
Spanish at home
7.1%
US average: 13.6%
Explore
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Compare Old side by side
OLD VS
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Income$109,470−3%
Home value$329,210−47%
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OLD VS
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OLD VS
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OLD VS
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Frequently asked
How many people live in Old Town, Chicago, Illinois?
Old Town, Chicago, Illinois has about 11,516 residents according to the 2024 American Community Survey.
What is the median household income in Old Town, Chicago, Illinois?
The typical household in Old Town, Chicago, Illinois earns about $112,539 a year. Half of households make more than that, and half make less.
Is Old Town, Chicago, Illinois expensive?
In Old Town, Chicago, Illinois, the median home is worth about $624,535, and the typical rent is about $1,688 a month.
How educated are people in Old Town, Chicago, Illinois?
About 74.7% of adults age 25 and over in Old Town, Chicago, Illinois hold a bachelor's degree or higher.
What is the poverty rate in Old Town, Chicago, Illinois?
About 17.7% of people in Old Town, Chicago, Illinois live below the federal poverty line.
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ChicagoDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024