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CENSUS TRACT

Census Tract 8048.03

Illinois · Cook County · 5,142 residents · 2.185 sq mi
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8046.078046.088046.108046.118047.098047.108047.128048.048048.078048.088048.098048.108410.028410.038410.048411.028411.038411.048411.128048.03
TRACT SHAPE · Cook County, IL
The short version

Census Tract 8048.03 is wealthier than most US places, with a median household income of $104,844. Population has held roughly steady since 2020. Median home value is $376,400. Households here earn about 26% more than the Cook County median.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.1
US median: 38.9
More educated
44% hold a bachelor's degree
US average: 36%
More affordable
home values down 7%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
5,142
−1%since 2020
from 5,189 in 2020
2020 – 2024
Population density
2,353 / sq mi
−1%since 2020
from 2,375 / sq mi in 2020
US average: 281
Median age
38.1
+4%since 2020
from 36.8 in 2020
US average: 38.9
Population, 20202024
5K5K5K5K5K20202024Census Tract 8048.03
20245K
20202024
Section 02

Income & economy

Median household income
$104,844
+9%inflation adjusted, since 2020
from $79,000 in 2020
US average: $82,259
2020 – 2024
Per capita income
$50,352
+48%since 2020
from $34,034 in 2020
US average: $44,673
Households earning $100K+
69.1%
+14.7 ptssince 2020
from 54.3% in 2020
US average: 53.3%
Poverty rate
10.5%
+7.1 ptssince 2020
from 3.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.421
+21%since 2020
from 0.347 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade12.6%
US avg: 9.9%
Information11%
US avg: 10.8%
Finance & insurance11%
US avg: 5.9%
Professional, scientific, technical9.4%
US avg: 5.1%
Other services8.4%
US avg: 6.7%
Wholesale trade4.2%
US avg: 6.9%
Public administration3.4%
US avg: 4.8%
Arts, entertainment, food2.5%
US avg: 1.9%
Education & health services1.6%
US avg: 0.9%
Transportation & warehousing1.4%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$376,400
−7%inflation adjusted, since 2020
from $334,300 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,739
Unchangedinflation adjusted, since 2020
from $1,439 in 2020
US average: $1,442
Owner-occupied
71.0%
+2.6 ptssince 2020
from 68.4% in 2020
29.0% rent
Vacancy rate
5.0%
+1.3 ptssince 2020
from 3.8% in 2020
US average: 10.0%
Owner cost-burdened
17.1%
−7.3 ptssince 2020
from 24.4% in 2020
US average: 22.9%
Renter cost-burdened
38.1%
+4.2 ptssince 2020
from 33.8% in 2020
US average: 47.4%
Afford Score
3.6
−15%since 2020
from 4.2 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 8048.03 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic59.6%(3,093)
Black5.1%(265)
Hispanic / Latino15.9%(823)
Asian17.8%(922)
Other1.7%(86)
Diversity Score73.1%(3,795)
2024
White, non-Hispanic47.7%(2,452)
Black2.2%(114)
Hispanic / Latino25%(1,285)
Asian24.6%(1,263)
Other0.5%(28)
Diversity Score81.2%(4,173)
Diversity Score
81
+11%since 2020
from 73 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
44.2%
+1.9 ptssince 2020
from 42.2% in 2020
US average: 35.6%
High school or higher
97.5%
+1.5 ptssince 2020
from 96.1% in 2020
US average: 89.6%
Graduate degree
21.9%
+6.3 ptssince 2020
from 15.6% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
27.8 min
+14%since 2020
from 24.5 min in 2020
US average: 26.5
Drive alone to work
70.5%
−11.1 ptssince 2020
from 81.6% in 2020
US average: 68.9%
Carpooled to work
2.2%
−2.2 ptssince 2020
from 4.4% in 2020
US average: 8.5%
Public transit
8.4%
+6.2 ptssince 2020
from 2.2% in 2020
US average: 3.2%
Worked from home
18.5%
+7.4 ptssince 2020
from 11.1% in 2020
US average: 15.0%
Walked to work
0.4%
−0.3 ptssince 2020
from 0.7% 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
5.4%
+4.0 ptssince 2020
from 1.4% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.2%
Unchangedsince 2020
from 3.1% in 2020
US average: 5.2%
Labor force participation
70.2%
Unchangedsince 2020
from 70.3% in 2020
US average: 63.5%
Self-employed
11.5%
+1.4 ptssince 2020
from 10.1% in 2020
US average: 13.1%
Management & professional
56.5%
+6.0 ptssince 2020
from 50.5% in 2020
US average: 42.5%
Section 08

People & community

Male
53.4%
+1.2 ptssince 2020
from 52.2% in 2020
Female
46.6%
−1.2 ptssince 2020
from 47.8% in 2020
Foreign born
31.1%
+8.2 ptssince 2020
from 22.9% in 2020
US average: 14.1%
Veterans
3.5%
−0.2 ptssince 2020
from 3.7% in 2020
US average: 6.2%
With a disability
6.8%
−1.4 ptssince 2020
from 8.2% in 2020
US average: 13.3%
Uninsured
4.2%
−2.3 ptssince 2020
from 6.5% in 2020
US average: 8.4%
Broadband at home
95.9%
−0.6 ptssince 2020
from 96.5% in 2020
US average: 91.0%
English only at home
57.4%
−12.8 ptssince 2020
from 70.2% in 2020
US average: 77.7%
Spanish at home
12.8%
+6.7 ptssince 2020
from 6.1% 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 5,142 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 $104,844 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 $376,400, and the typical rent is about $1,739 a month.

How educated are people in this census tract?

About 44.2% 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 10.5% 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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