The Loop is home to 16,925 people in Chicago. 83% of adults hold a bachelor's degree, against 36% nationally. The median age is 27.6, younger than the US median of 38.9. Owners hold 34% of the housing stock. That is roughly 60% ahead of the Chicago median. 30% of residents were born outside the United States. 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
Land area
0.91 sq mi
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%
US avg: 6.7%
Public administration13.2%
US avg: 4.8%
Finance & insurance7.2%
US avg: 5.9%
Professional, scientific, technical6.9%
US avg: 5.1%
Information5.4%
US avg: 10.8%
Retail trade4.8%
US avg: 9.9%
Arts, entertainment, food2.8%
US avg: 1.9%
Wholesale trade1.4%
US avg: 6.9%
Transportation & warehousing0.6%
US avg: 2.2%
Education & health services0.3%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BAR + DOT: THIS PLACE · TICK: 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%
Persons per household
1.60 people
US average: 2.54
Owner cost-burdened
27.7%
US average: 22.9%
Renter cost-burdened
48.5%
US average: 47.4%
Afford Score
3.7
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
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)
2024
White, non-Hispanic46.9%(7,932)
Black9.1%(1,537)
Hispanic / Latino14.4%(2,436)
Asian26%(4,394)
Other3.7%(626)
Diversity Score
85
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.