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CENSUS TRACT

Census Tract 8016.05

Illinois · Cook County · 5,607 residents · 1.822 sq mi
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8016.018016.068016.078016.088017.018017.0280238025.068026.098026.108649.038649.048016.05
TRACT SHAPE · Cook County, IL
The short version

Census Tract 8016.05 is significantly wealthier than the US average, with a median household income of $142,500. Population has held roughly steady since 2020. 72% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $689,500. With a median age of 51.2, the population is older than the US median of 38.9. Households here earn about 71% more than the Cook County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 51.2
US median: 38.9
More educated
72% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
5,607
+5%since 2020
from 5,349 in 2020
2020 – 2024
Population density
3,077 / sq mi
+5%since 2020
from 2,936 / sq mi in 2020
US average: 281
Median age
51.2
+3%since 2020
from 49.9 in 2020
US average: 38.9
Population, 20202024
5K5K5K6K6K20202024Census Tract 8016.05
20246K
20202024
Section 02

Income & economy

Median household income
$142,500
−11%inflation adjusted, since 2020
from $131,960 in 2020
US average: $82,259
2020 – 2024
Per capita income
$79,835
+10%since 2020
from $72,707 in 2020
US average: $44,673
Households earning $100K+
77.2%
+0.5 ptssince 2020
from 76.8% in 2020
US average: 53.3%
Poverty rate
5.4%
+3.9 ptssince 2020
from 1.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.468
+5%since 2020
from 0.447 in 2020
US average: 0.476
Workforce by industry, 2024
Other services18.6%
US avg: 6.7%
Public administration17.2%
US avg: 4.8%
Information13%
US avg: 10.8%
Wholesale trade5.5%
US avg: 6.9%
Retail trade4.6%
US avg: 9.9%
Transportation & warehousing3.1%
US avg: 2.2%
Finance & insurance1.3%
US avg: 5.9%
Professional, scientific, technical1.3%
US avg: 5.1%
Arts, entertainment, food0.7%
US avg: 1.9%
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
$689,500
+1%inflation adjusted, since 2020
from $561,200 in 2020
US average: $376,019
2020 – 2024
Owner-occupied
97.2%
+0.4 ptssince 2020
from 96.7% in 2020
2.8% rent
Vacancy rate
6.1%
−1.4 ptssince 2020
from 7.5% in 2020
US average: 10.0%
Owner cost-burdened
31.2%
+8.4 ptssince 2020
from 22.8% in 2020
US average: 22.9%
Renter cost-burdened
53.3%
+37.4 ptssince 2020
from 15.9% in 2020
US average: 47.4%
Afford Score
4.8
+14%since 2020
from 4.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 8016.05 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic67.3%(3,602)
Black0.2%(10)
Hispanic / Latino10.1%(542)
Asian20.4%(1,092)
Other1.9%(103)
Diversity Score61.8%(3,304)
2024
White, non-Hispanic68%(3,810)
Black0.1%(6)
Hispanic / Latino13.1%(735)
Asian18.4%(1,029)
Other0.5%(27)
Diversity Score60.9%(3,416)
Diversity Score
61
−1%since 2020
from 62 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
71.9%
−8.4 ptssince 2020
from 80.4% in 2020
US average: 35.6%
High school or higher
95.5%
−2.5 ptssince 2020
from 98.1% in 2020
US average: 89.6%
Graduate degree
31.2%
−3.3 ptssince 2020
from 34.5% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.3 min
−15%since 2020
from 29.7 min in 2020
US average: 26.5
Drive alone to work
51.3%
−12.3 ptssince 2020
from 63.6% in 2020
US average: 68.9%
Carpooled to work
8.2%
+5.8 ptssince 2020
from 2.3% in 2020
US average: 8.5%
Public transit
4.0%
−11.5 ptssince 2020
from 15.5% in 2020
US average: 3.2%
Worked from home
30.1%
+12.1 ptssince 2020
from 18.1% in 2020
US average: 15.0%
Walked to work
3.5%
+3.0 ptssince 2020
from 0.5% in 2020
US average: 2.4%
Biked to work
2.1%
+2.1 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
5.6%
+1.4 ptssince 2020
from 4.2% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.8%
+4.3 ptssince 2020
from 0.5% in 2020
US average: 5.2%
Labor force participation
64.7%
+9.9 ptssince 2020
from 54.8% in 2020
US average: 63.5%
Self-employed
14.5%
+4.8 ptssince 2020
from 9.7% in 2020
US average: 13.1%
Management & professional
68.8%
−1.4 ptssince 2020
from 70.2% in 2020
US average: 42.5%
Section 08

People & community

Male
51.9%
+4.2 ptssince 2020
from 47.7% in 2020
Female
48.1%
−4.2 ptssince 2020
from 52.3% in 2020
Foreign born
28.6%
+10.2 ptssince 2020
from 18.4% in 2020
US average: 14.1%
Veterans
2.1%
−1.5 ptssince 2020
from 3.6% in 2020
US average: 6.2%
With a disability
5.5%
−3.5 ptssince 2020
from 9.0% in 2020
US average: 13.3%
Uninsured
4.1%
+3.5 ptssince 2020
from 0.6% in 2020
US average: 8.4%
Broadband at home
97.2%
+2.7 ptssince 2020
from 94.5% in 2020
US average: 91.0%
English only at home
66.6%
−8.2 ptssince 2020
from 74.8% in 2020
US average: 77.7%
Spanish at home
3.1%
+1.1 ptssince 2020
from 2.0% 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 5,607 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 $142,500 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 $689,500.

How educated are people in this census tract?

About 71.9% 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 5.4% 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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