CENSUS TRACT
Census Tract 714
Illinois · Cook County · 4,448 residents · 0.247 sq mi
The short version
Census Tract 714 is significantly wealthier than the US average, with a median household income of $113,581. Population has declined 11% since 2020. 87% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $491,700. Households here earn about 36% more than the Cook County median.
At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 35.8
US median: 38.9
More educated
87% hold a bachelor's degree
US average: 36%
More affordable
home values down 25%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
4,448
−11%since 2020
from 4,998 in 2020
2020 – 2024
Population density
18,008 / sq mi
−11%since 2020
from 20,235 / sq mi in 2020
US average: 281
Median age
35.8
−4%since 2020
from 37.2 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$113,581
−23%inflation adjusted, since 2020
from $120,938 in 2020
US average: $82,259
2020 – 2024
Per capita income
$125,834
+24%since 2020
from $101,292 in 2020
US average: $44,673
Households earning $100K+
61.2%
−7.7 ptssince 2020
from 68.9% in 2020
US average: 53.3%
Poverty rate
16.6%
+4.6 ptssince 2020
from 12.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.556
+10%since 2020
from 0.506 in 2020
US average: 0.476
Workforce by industry, 2024
Other services12.4%
Information11%
Public administration9.4%
Arts, entertainment, food8.2%
Retail trade3.9%
Wholesale trade1.6%
Transportation & warehousing1.3%
Finance & insurance0.7%
Professional, scientific, technical0.7%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$491,700
−25%inflation adjusted, since 2020
from $537,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,862
−12%inflation adjusted, since 2020
from $1,736 in 2020
US average: $1,442
Owner-occupied
47.6%
−2.5 ptssince 2020
from 50.2% in 2020
52.4% rent
Vacancy rate
12.6%
+4.3 ptssince 2020
from 8.3% in 2020
US average: 10.0%
Owner cost-burdened
22.7%
−5.0 ptssince 2020
from 27.7% in 2020
US average: 22.9%
Renter cost-burdened
50.3%
+10.3 ptssince 2020
from 40.0% in 2020
US average: 47.4%
Afford Score
4.3
−3%since 2020
from 4.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 714 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic82%(4,099)
Black4.9%(246)
Hispanic / Latino4.4%(218)
Asian5.8%(288)
Other2.9%(147)
Diversity Score39.9%(1,992)
2024
White, non-Hispanic79.2%(3,521)
Black4.6%(206)
Hispanic / Latino5.1%(228)
Asian6.6%(294)
Other4.5%(199)
Diversity Score45.3%(2,014)
Diversity Score
45
+14%since 2020
from 40 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
86.6%
+1.7 ptssince 2020
from 84.9% in 2020
US average: 35.6%
High school or higher
96.0%
−0.5 ptssince 2020
from 96.5% in 2020
US average: 89.6%
Graduate degree
36.2%
−2.4 ptssince 2020
from 38.6% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
33.3 min
+11%since 2020
from 30.1 min in 2020
US average: 26.5
Drive alone to work
28.8%
+2.9 ptssince 2020
from 25.9% in 2020
US average: 68.9%
Carpooled to work
3.5%
−2.6 ptssince 2020
from 6.1% in 2020
US average: 8.5%
Public transit
23.4%
−14.3 ptssince 2020
from 37.7% in 2020
US average: 3.2%
Worked from home
36.4%
+20.3 ptssince 2020
from 16.1% in 2020
US average: 15.0%
Walked to work
3.9%
−3.4 ptssince 2020
from 7.3% in 2020
US average: 2.4%
Biked to work
2.4%
−0.8 ptssince 2020
from 3.1% in 2020
US average: 0.4%
No vehicle available
36.1%
+1.6 ptssince 2020
from 34.5% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
6.5%
+4.6 ptssince 2020
from 1.9% in 2020
US average: 5.2%
Labor force participation
74.9%
+0.8 ptssince 2020
from 74.0% in 2020
US average: 63.5%
Self-employed
8.1%
−6.6 ptssince 2020
from 14.7% in 2020
US average: 13.1%
Management & professional
88.8%
+13.8 ptssince 2020
from 75.0% in 2020
US average: 42.5%
Section 08
People & community
Male
42.9%
−10.6 ptssince 2020
from 53.6% in 2020
Female
57.1%
+10.6 ptssince 2020
from 46.4% in 2020
Foreign born
10.8%
−2.2 ptssince 2020
from 13.0% in 2020
US average: 14.1%
Veterans
3.2%
−2.4 ptssince 2020
from 5.6% in 2020
US average: 6.2%
With a disability
7.0%
+1.9 ptssince 2020
from 5.1% in 2020
US average: 13.3%
Uninsured
1.6%
+1.2 ptssince 2020
from 0.4% in 2020
US average: 8.4%
Broadband at home
96.2%
+1.7 ptssince 2020
from 94.5% in 2020
US average: 91.0%
English only at home
82.2%
−1.5 ptssince 2020
from 83.7% in 2020
US average: 77.7%
Spanish at home
3.6%
−1.0 ptssince 2020
from 4.6% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 714Head to head
Compare Census Tract 714 to nearby tracts
CENSUS TRACT 714 VS
Census Tract 701.01
Income$83,614−26%
Home value$490,100same
Population4,003−10%
SEE FULL COMPARISON →
CENSUS TRACT 714 VS
Census Tract 713
Income$129,486+14%
Home value$494,100same
Population4,123−7%
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CENSUS TRACT 714 VS
Census Tract 715
Income$119,024+5%
Home value$401,600−18%
Population5,482+23%
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CENSUS TRACT 714 VS
Census Tract 701.03
Income$73,581−35%
Home value$406,400−17%
Population1,489−67%
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Frequently asked
How many people live in this census tract?
this census tract has about 4,448 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 $113,581 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 $491,700, and the typical rent is about $1,862 a month.
How educated are people in this census tract?
About 86.6% 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 16.6% of people in this census tract live below the federal poverty line.
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Containing area
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