CENSUS TRACT
Census Tract 704
Illinois · Cook County · 3,433 residents · 0.125 sq mi
The short version
Census Tract 704 is significantly wealthier than the US average, with a median household income of $192,955. Population has held roughly steady since 2020. 84% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $809,500. At a median age of 33.3, residents skew younger than the country as a whole. Households here earn about 131% more than the Cook County median.
At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 33.3
US median: 38.9
More educated
84% hold a bachelor's degree
US average: 36%
More affordable
home values down 20%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
3,433
+5%since 2020
from 3,277 in 2020
2020 – 2024
Population density
27,464 / sq mi
+5%since 2020
from 26,216 / sq mi in 2020
US average: 281
Median age
33.3
−1%since 2020
from 33.7 in 2020
US average: 38.9
Population, 2020 – 2024
20243K
Section 02
Income & economy
Median household income
$192,955
−13%inflation adjusted, since 2020
from $182,750 in 2020
US average: $82,259
2020 – 2024
Per capita income
$132,225
+5%since 2020
from $125,591 in 2020
US average: $44,673
Households earning $100K+
66.2%
+2.1 ptssince 2020
from 64.1% in 2020
US average: 53.3%
Poverty rate
15.3%
+4.5 ptssince 2020
from 10.8% in 2020
US average: 12.5%
Income inequality (Gini)
0.581
Unchangedsince 2020
from 0.583 in 2020
US average: 0.476
Workforce by industry, 2024
Other services16.9%
Public administration11.9%
Retail trade7.8%
Information7.1%
Arts, entertainment, food2.5%
Wholesale trade0.9%
Finance & insurance0.7%
Professional, scientific, technical0.7%
Transportation & warehousing0.6%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$809,500
−20%inflation adjusted, since 2020
from $835,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,136
+30%inflation adjusted, since 2020
from $1,358 in 2020
US average: $1,442
Owner-occupied
46.0%
−1.5 ptssince 2020
from 47.5% in 2020
54.0% rent
Vacancy rate
6.6%
+3.0 ptssince 2020
from 3.6% in 2020
US average: 10.0%
Owner cost-burdened
7.4%
−4.9 ptssince 2020
from 12.3% in 2020
US average: 22.9%
Renter cost-burdened
51.9%
+15.1 ptssince 2020
from 36.8% in 2020
US average: 47.4%
Afford Score
4.2
−8%since 2020
from 4.6 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 704 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic85.1%(2,788)
Black3.9%(128)
Hispanic / Latino2.7%(88)
Asian6.1%(201)
Other2.2%(72)
Diversity Score33.7%(1,105)
2024
White, non-Hispanic75.3%(2,585)
Black1.3%(43)
Hispanic / Latino9.1%(312)
Asian10.4%(357)
Other4%(136)
Diversity Score51.5%(1,769)
Diversity Score
52
+53%since 2020
from 34 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
84.0%
+3.7 ptssince 2020
from 80.3% in 2020
US average: 35.6%
High school or higher
93.4%
−2.5 ptssince 2020
from 96.0% in 2020
US average: 89.6%
Graduate degree
47.0%
+4.5 ptssince 2020
from 42.6% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
28.2 min
−5%since 2020
from 29.7 min in 2020
US average: 26.5
Drive alone to work
20.5%
−9.6 ptssince 2020
from 30.1% in 2020
US average: 68.9%
Carpooled to work
1.3%
−0.4 ptssince 2020
from 1.7% in 2020
US average: 8.5%
Public transit
29.3%
−10.5 ptssince 2020
from 39.7% in 2020
US average: 3.2%
Worked from home
44.1%
+28.6 ptssince 2020
from 15.6% in 2020
US average: 15.0%
Walked to work
4.3%
−1.3 ptssince 2020
from 5.5% in 2020
US average: 2.4%
Biked to work
0.5%
−1.5 ptssince 2020
from 2.0% in 2020
US average: 0.4%
No vehicle available
32.3%
−0.1 ptssince 2020
from 32.5% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.3%
+1.3 ptssince 2020
from 0.0% in 2020
US average: 5.2%
Labor force participation
75.3%
+5.3 ptssince 2020
from 70.0% in 2020
US average: 63.5%
Self-employed
4.5%
−0.9 ptssince 2020
from 5.4% in 2020
US average: 13.1%
Management & professional
77.1%
+3.7 ptssince 2020
from 73.4% in 2020
US average: 42.5%
Section 08
People & community
Male
39.8%
−10.4 ptssince 2020
from 50.2% in 2020
Female
60.2%
+10.4 ptssince 2020
from 49.8% in 2020
Foreign born
15.6%
+6.8 ptssince 2020
from 8.7% in 2020
US average: 14.1%
Veterans
2.2%
−2.6 ptssince 2020
from 4.8% in 2020
US average: 6.2%
With a disability
7.3%
+1.2 ptssince 2020
from 6.1% in 2020
US average: 13.3%
Uninsured
0.5%
−1.0 ptssince 2020
from 1.5% in 2020
US average: 8.4%
Broadband at home
87.8%
+8.1 ptssince 2020
from 79.7% in 2020
US average: 91.0%
English only at home
80.9%
−5.8 ptssince 2020
from 86.7% in 2020
US average: 77.7%
Spanish at home
4.5%
+2.1 ptssince 2020
from 2.5% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 704 to nearby tracts
CENSUS TRACT 704 VS
Census Tract 705
Income$207,076+7%
Home value$840,600+4%
Population3,238−6%
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CENSUS TRACT 704 VS
Census Tract 703
Income$156,898−19%
Home value$633,900−22%
Population3,711+8%
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CENSUS TRACT 704 VS
Census Tract 706
Income$249,531+29%
Home value$838,100+4%
Population3,477+1%
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CENSUS TRACT 704 VS
Census Tract 710
Income$179,438−7%
Home value$1,010,200+25%
Population4,159+21%
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Frequently asked
How many people live in this census tract?
this census tract has about 3,433 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 $192,955 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 $809,500, and the typical rent is about $2,136 a month.
How educated are people in this census tract?
About 84.0% 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 15.3% of people in this census tract live below the federal poverty line.
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