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CENSUS TRACT

Census Tract 702

Illinois · Cook County · 4,035 residents · 0.132 sq mi
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314315.01315.02317318319321406409501502505506507509510512513601604608609610615619.01619.02621623627629631632633.01633.03701.01704706707702
TRACT SHAPE · Cook County, IL
The short version

Census Tract 702 is significantly wealthier than the US average, with a median household income of $109,000. Population has declined 5% since 2020. 85% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $704,300. At a median age of 29.7, residents skew younger than the country as a whole. Households here earn about 31% more than the Cook County median.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 29.7
US median: 38.9
More educated
85% hold a bachelor's degree
US average: 36%
More affordable
home values down 10%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,035
−5%since 2020
from 4,260 in 2020
2020 – 2024
Population density
30,568 / sq mi
−5%since 2020
from 32,273 / sq mi in 2020
US average: 281
Median age
29.7
+1%since 2020
from 29.5 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 702
20244K
20202024
Section 02

Income & economy

Median household income
$109,000
−8%inflation adjusted, since 2020
from $97,847 in 2020
US average: $82,259
2020 – 2024
Per capita income
$86,512
+15%since 2020
from $75,349 in 2020
US average: $44,673
Households earning $100K+
69.1%
−1.5 ptssince 2020
from 70.6% in 2020
US average: 53.3%
Poverty rate
11.6%
+1.1 ptssince 2020
from 10.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.479
−5%since 2020
from 0.506 in 2020
US average: 0.476
Workforce by industry, 2024
Other services19.2%
US avg: 6.7%
Public administration17.9%
US avg: 4.8%
Retail trade6.2%
US avg: 9.9%
Finance & insurance4.7%
US avg: 5.9%
Professional, scientific, technical4.7%
US avg: 5.1%
Arts, entertainment, food4.2%
US avg: 1.9%
Transportation & warehousing3.7%
US avg: 2.2%
Information2.3%
US avg: 10.8%
Wholesale trade1.7%
US avg: 6.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$704,300
−10%inflation adjusted, since 2020
from $644,800 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,927
−3%inflation adjusted, since 2020
from $1,631 in 2020
US average: $1,442
Owner-occupied
29.5%
−7.2 ptssince 2020
from 36.7% in 2020
70.5% rent
Vacancy rate
7.2%
+1.4 ptssince 2020
from 5.8% in 2020
US average: 10.0%
Owner cost-burdened
33.7%
+5.1 ptssince 2020
from 28.6% in 2020
US average: 22.9%
Renter cost-burdened
40.5%
+16.3 ptssince 2020
from 24.2% in 2020
US average: 47.4%
Afford Score
6.5
−2%since 2020
from 6.6 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 702 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic76.9%(3,276)
Black3.9%(165)
Hispanic / Latino8.9%(379)
Asian6.3%(270)
Other4%(170)
Diversity Score49.2%(2,096)
2024
White, non-Hispanic72.7%(2,932)
Black1.7%(70)
Hispanic / Latino15.3%(619)
Asian6.6%(267)
Other3.6%(147)
Diversity Score55.3%(2,232)
Diversity Score
55
+12%since 2020
from 49 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
84.6%
+2.0 ptssince 2020
from 82.6% in 2020
US average: 35.6%
High school or higher
99.5%
+2.4 ptssince 2020
from 97.1% in 2020
US average: 89.6%
Graduate degree
32.0%
−1.0 ptssince 2020
from 33.0% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
34.6 min
+3%since 2020
from 33.6 min in 2020
US average: 26.5
Drive alone to work
31.4%
+4.2 ptssince 2020
from 27.2% in 2020
US average: 68.9%
Carpooled to work
4.0%
+1.9 ptssince 2020
from 2.2% in 2020
US average: 8.5%
Public transit
26.5%
−18.8 ptssince 2020
from 45.3% in 2020
US average: 3.2%
Worked from home
31.7%
+15.4 ptssince 2020
from 16.4% in 2020
US average: 15.0%
Walked to work
4.6%
+1.6 ptssince 2020
from 3.0% in 2020
US average: 2.4%
Biked to work
0.8%
−3.5 ptssince 2020
from 4.3% in 2020
US average: 0.4%
No vehicle available
35.1%
+0.9 ptssince 2020
from 34.2% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.2%
+0.1 ptssince 2020
from 6.1% in 2020
US average: 5.2%
Labor force participation
81.8%
−2.4 ptssince 2020
from 84.3% in 2020
US average: 63.5%
Self-employed
4.2%
−3.9 ptssince 2020
from 8.1% in 2020
US average: 13.1%
Management & professional
77.9%
+3.6 ptssince 2020
from 74.2% in 2020
US average: 42.5%
Section 08

People & community

Male
54.2%
−1.4 ptssince 2020
from 55.6% in 2020
Female
45.8%
+1.4 ptssince 2020
from 44.4% in 2020
Foreign born
10.0%
−0.9 ptssince 2020
from 10.9% in 2020
US average: 14.1%
Veterans
2.0%
+0.2 ptssince 2020
from 1.8% in 2020
US average: 6.2%
With a disability
6.2%
+1.9 ptssince 2020
from 4.3% in 2020
US average: 13.3%
Uninsured
0.6%
−0.5 ptssince 2020
from 1.1% in 2020
US average: 8.4%
Broadband at home
95.7%
+3.3 ptssince 2020
from 92.4% in 2020
US average: 91.0%
English only at home
85.3%
−1.6 ptssince 2020
from 86.9% in 2020
US average: 77.7%
Spanish at home
5.9%
+1.2 ptssince 2020
from 4.7% 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 4,035 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 $109,000 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $704,300, and the typical rent is about $1,927 a month.

How educated are people in this census tract?

About 84.6% 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 11.6% 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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