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CENSUS TRACT

Census Tract 701.03

Illinois · Cook County · 1,489 residents · 0.027 sq mi
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314315.02317321501506507513601604608610615619.01621627629631632633.03701.01703705707710712714715716701.03
TRACT SHAPE · Cook County, IL
The short version

Census Tract 701.03 has lower-than-average household income, with a median household income of $73,581. Population has held roughly steady since 2020. 87% of adults hold a bachelor's degree or higher, well above the national rate of 36%. At a median age of 27.4, residents skew younger than the country as a whole. 87% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 27.4
US median: 38.9
More educated
87% hold a bachelor's degree
US average: 36%
Renter-heavy
7% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
1,489
+1%since 2020
from 1,469 in 2020
2020 – 2024
Population density
55,148 / sq mi
+1%since 2020
from 54,407 / sq mi in 2020
US average: 281
Median age
27.4
Unchangedsince 2020
from 27.4 in 2020
US average: 38.9
Population, 20202024
1K1K1K1K1K20202024Census Tract 701.03
20241K
20202024
Section 02

Income & economy

Median household income
$73,581
−6%inflation adjusted, since 2020
from $64,283 in 2020
US average: $82,259
2020 – 2024
Per capita income
$85,603
+59%since 2020
from $53,980 in 2020
US average: $44,673
Households earning $100K+
48.2%
+6.3 ptssince 2020
from 41.9% in 2020
US average: 53.3%
Poverty rate
9.3%
−5.2 ptssince 2020
from 14.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.497
+44%since 2020
from 0.345 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade16.2%
US avg: 9.9%
Other services13.4%
US avg: 6.7%
Public administration12.5%
US avg: 4.8%
Arts, entertainment, food3.7%
US avg: 1.9%
Finance & insurance3.1%
US avg: 5.9%
Professional, scientific, technical3.1%
US avg: 5.1%
Information3%
US avg: 10.8%
Transportation & warehousing1%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median gross rent
$1,663
−1%inflation adjusted, since 2020
from $1,379 in 2020
US average: $1,442
Owner-occupied
7.1%
+0.6 ptssince 2020
from 6.4% in 2020
92.9% rent
Vacancy rate
8.2%
+6.8 ptssince 2020
from 1.4% in 2020
US average: 10.0%
Owner cost-burdened
18.3%
−14.6 ptssince 2020
from 32.9% in 2020
US average: 22.9%
Renter cost-burdened
45.2%
+6.9 ptssince 2020
from 38.3% in 2020
US average: 47.4%
RELATED:See current rent listings in Census Tract 701.03 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic75%(1,102)
Black1.8%(27)
Hispanic / Latino9.2%(135)
Asian11.8%(174)
Other2.1%(31)
Diversity Score51.7%(760)
2024
White, non-Hispanic69.4%(1,034)
Black10.6%(158)
Hispanic / Latino6%(89)
Asian3.8%(57)
Other10.1%(151)
Diversity Score61.4%(914)
Diversity Score
61
+19%since 2020
from 52 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
87.1%
+1.9 ptssince 2020
from 85.2% in 2020
US average: 35.6%
High school or higher
100.0%
Unchangedsince 2020
from 100.0% in 2020
US average: 89.6%
Graduate degree
41.5%
+1.4 ptssince 2020
from 40.1% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
31.0 min
−17%since 2020
from 37.3 min in 2020
US average: 26.5
Drive alone to work
16.6%
−1.4 ptssince 2020
from 18.0% in 2020
US average: 68.9%
Carpooled to work
0.0%
−0.6 ptssince 2020
from 0.6% in 2020
US average: 8.5%
Public transit
36.3%
−22.8 ptssince 2020
from 59.1% in 2020
US average: 3.2%
Worked from home
38.4%
+32.7 ptssince 2020
from 5.7% in 2020
US average: 15.0%
Walked to work
5.9%
−2.9 ptssince 2020
from 8.8% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
62.8%
+5.1 ptssince 2020
from 57.7% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.8%
+0.2 ptssince 2020
from 1.5% in 2020
US average: 5.2%
Labor force participation
91.2%
+5.8 ptssince 2020
from 85.4% in 2020
US average: 63.5%
Self-employed
4.9%
−5.7 ptssince 2020
from 10.6% in 2020
US average: 13.1%
Management & professional
76.0%
+10.4 ptssince 2020
from 65.6% in 2020
US average: 42.5%
Section 08

People & community

Male
39.0%
−9.5 ptssince 2020
from 48.5% in 2020
Female
61.0%
+9.5 ptssince 2020
from 51.5% in 2020
Foreign born
8.5%
−8.0 ptssince 2020
from 16.5% in 2020
US average: 14.1%
Veterans
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 6.2%
With a disability
8.3%
+5.8 ptssince 2020
from 2.5% in 2020
US average: 13.3%
Uninsured
6.3%
+3.6 ptssince 2020
from 2.7% in 2020
US average: 8.4%
Broadband at home
88.4%
−0.9 ptssince 2020
from 89.3% in 2020
US average: 91.0%
English only at home
92.1%
+14.3 ptssince 2020
from 77.8% in 2020
US average: 77.7%
Spanish at home
1.6%
−6.9 ptssince 2020
from 8.6% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 1,489 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $73,581 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the typical rent is about $1,663 a month.

How educated are people in this census tract?

About 87.1% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 9.3% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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