NEIGHBORHOOD
The Loop
Illinois · Chicago · 16,925 residents · 0.91 sq mi
The short version
The Loop is significantly wealthier than the US average, with a median household income of $124,741. Population has held roughly steady since 2024. 83% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $458,549. At a median age of 27.6, residents skew younger than the country as a whole. Households here earn about 60% more than the Chicago median. These figures are approximated by combining the 3 census tracts that make up The Loop; 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 27.6
US median: 38.9
More educated
83% hold a bachelor's degree
US average: 36%
Renter-heavy
34% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
16,925
Population density
18,599 / sq mi
US average: 281
Median age
27.6
US average: 38.9
Section 02
Income & economy
Median household income
$124,741
US average: $82,259
Per capita income
$94,127
US average: $44,673
Households earning $100K+
70.0%
US average: 53.3%
Poverty rate
12.4%
US average: 12.5%
Income inequality (Gini)
0.526
US average: 0.476
Workforce by industry, 2024
Other services14.1%
Public administration13.2%
Finance & insurance7.2%
Professional, scientific, technical6.9%
Information5.4%
Retail trade4.8%
Arts, entertainment, food2.8%
Wholesale trade1.4%
Transportation & warehousing0.6%
Education & health services0.3%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$458,549
US average: $376,019
Median gross rent
$2,381
US average: $1,442
Owner-occupied
34.5%
65.5% rent
Vacancy rate
12.4%
US average: 10.0%
Owner cost-burdened
27.7%
US average: 22.9%
Renter cost-burdened
48.5%
US average: 47.4%
Afford Score
3.7
RELATED:See current rent listings in The Loop on RentDataNow
Section 04
Race & ethnicity
2024
White, non-Hispanic46.9%(7,932)
Black9.1%(1,537)
Hispanic / Latino14.4%(2,436)
Asian26%(4,394)
Other3.7%(626)
Diversity Score85.3%(14,442)
2024
White, non-Hispanic46.9%(7,932)
Black9.1%(1,537)
Hispanic / Latino14.4%(2,436)
Asian26%(4,394)
Other3.7%(626)
Diversity Score85.3%(14,442)
Diversity Score
85
Section 05
Education
Bachelor's degree or higher
82.9%
US average: 35.6%
High school or higher
97.4%
US average: 89.6%
Graduate degree
45.5%
US average: 14.0%
Section 06
Commute & transportation
Average commute
23.8 min
US average: 26.5
Drive alone to work
13.4%
US average: 68.9%
Carpooled to work
1.4%
US average: 8.5%
Public transit
17.9%
US average: 3.2%
Worked from home
27.8%
US average: 15.0%
Walked to work
37.9%
US average: 2.4%
Biked to work
0.4%
US average: 0.4%
No vehicle available
51.5%
US average: 8.3%
Section 07
Work & employment
Unemployment rate
6.7%
US average: 5.2%
Labor force participation
72.7%
US average: 63.5%
Self-employed
7.9%
US average: 13.1%
Management & professional
73.5%
US average: 42.5%
Section 08
People & community
Male
53.3%
Female
46.7%
Foreign born
30.5%
US average: 14.1%
Veterans
2.6%
US average: 6.2%
With a disability
6.0%
US average: 13.3%
Uninsured
6.1%
US average: 8.4%
Broadband at home
87.2%
US average: 91.0%
English only at home
65.3%
US average: 77.7%
Spanish at home
9.6%
US average: 13.6%
Explore
Neighborhoods in Chicago
Albany ParkAndersonvilleArcher HeightsAshburnAvondaleBack of the YardsBelmont CentralBelmont GardensBelmont HeightsBeverlyBrainerdBridgeportBrighton ParkBronzevilleBucktownBudlong WoodsBuena ParkBurnsideCalumet HeightsChathamChicago LawnClearing (W)CraginDouglas ParkDunningEast BeverlyEast ChathamEast Garfield ParkEast Hyde ParkEast SideEast UkrainianEdgewaterEdgewater BeachEdison ParkEnglewoodFernwoodFifth CityFuller ParkGage ParkGalewoodGarfield RidgeGold CoastGoose IslandGraceland WestGrand CrossingGreshamHeart of ChicagoHegewischHermosaHumboldt ParkHyde ParkIda B. Wells - Darrow HomesIllinois Medical DistrictIrving ParkJefferson ParkKelvin ParkKenwoodKilbourn ParkLake CalumetLake ViewLake View EastLincoln ParkLittleLogan SquareLongwood ManorMarquette ParkMayfairMcKinley ParkMontclareMorgan ParkMount GreenwoodNear NorthNear West SideNoble SquareNorth AustinNorth CenterNorth KenwoodNorwood Park EastO'HareO'Hare International AirportOaklandOldOld Irving ParkOld Town TrianglePalmer SquarePark ManorPark WestPilsenPortage ParkPrairie ShoresRavenswoodRiver NorthRogers ParkRoscoeRoselandRosemoorScottsdaleSheffield NeighborsSouth AustinSouth ChicagoSouth LoopSouth ShoreStreetervilleThe BushTri-TaylorUkrainianUniversity Village - Little ItalyUptownWashington HeightsWashington ParkWestWest BeverlyWest ChathamWest ChesterfieldWest ElsdonWest EnglewoodWest Garfield ParkWest Humboldt ParkWest LawnWest Loop GateWest PullmanWest Rogers ParkWest WoodlawnWicker ParkWoodlawnWrightwoodWrightwood NeighborsWrigleyvilleNeighborhoods in Chicago
Drill deeper
Places similar to The Loop
Excelsior
Pop 17,745
Rita Ranch
Pop 16,379
Outer Sunset
Pop 16,711
Playa Del Rey
Pop 17,262
Places similar to The LoopHead to head
Compare The Loop side by side
THE LOOP VS
Excelsior
Income$123,600−1%
Home value$1,151,400+151%
Population17,745+5%
SEE FULL COMPARISON →
THE LOOP VS
Rita Ranch
Income$121,186−3%
Home value$361,612−21%
Population16,379−3%
SEE FULL COMPARISON →
THE LOOP VS
Outer Sunset
Income$135,357+9%
Home value$1,291,011+182%
Population16,711−1%
SEE FULL COMPARISON →
THE LOOP VS
Playa Del Rey
Income$135,683+9%
Home value$1,333,728+191%
Population17,262+2%
SEE FULL COMPARISON →
Frequently asked
How many people live in The Loop, Chicago, Illinois?
The Loop, Chicago, Illinois has about 16,925 residents according to the 2024 American Community Survey.
What is the median household income in The Loop, Chicago, Illinois?
The typical household in The Loop, Chicago, Illinois earns about $124,741 a year. Half of households make more than that, and half make less.
Is The Loop, Chicago, Illinois expensive?
In The Loop, Chicago, Illinois, the median home is worth about $458,549, and the typical rent is about $2,381 a month.
How educated are people in The Loop, Chicago, Illinois?
About 82.9% of adults age 25 and over in The Loop, Chicago, Illinois hold a bachelor's degree or higher.
What is the poverty rate in The Loop, Chicago, Illinois?
About 12.4% of people in The Loop, Chicago, Illinois live below the federal poverty line.
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ChicagoDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024