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Chicago, Illinois Demographics & Population 2026

Largest CityThe most populous city in Illinois
Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Chicago, Illinois had a total population of 2,711,226, the 1st largest city in Illinois, with a median household income of $77,902, which is 7% lower than the state average. The poverty rate is 16.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Chicago Quick Facts

Population 2,711,226
Median Household Income $77,902
Median Home Value $334,100
Poverty Rate 16.8%
Unemployment Rate 8.0%
Median Age 35.8 years
Homeownership Rate 46.0%
Affordability Ratio 4.3x
Bachelor's Degree or Higher 44.3%
High School Graduation Rate 87.2%
Diversity Index 73/100
Population 2,711,226 1st of 1,445
Median Income $77,902 above average
Poverty Rate 16.8% 35% higher than national
Median Home Value $334,100 top 10%

How Chicago Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,707,6482,711,226+0.1%
Median household income$75,134$77,902+3.7%
Median home value$315,200$334,100+6.0%

How Chicago Compares

Economy & Housing

Household Income Distribution

Under $25K 18.8%
$25K-$50K 16.0%
$50K-$100K 25.4%
$100K+ 39.8%
Detailed income brackets
Under $10K
7.2%
$10K-$15K
4.8%
$15K-$20K
3.2%
$20K-$25K
3.6%
$25K-$30K
3.4%
$30K-$35K
3.1%
$35K-$40K
3.3%
$40K-$45K
3.0%
$45K-$50K
3.2%
$50K-$60K
5.5%
$60K-$75K
8.2%
$75K-$100K
11.7%
$100K-$125K
9.5%
$125K-$150K
7.0%
$150K-$200K
8.9%
$200K+
14.5%

Employment

8.0% Unemployment Rate State: 5.8%|National: 5.2%
67.6% Labor Force Participation

Housing Overview

Owner 46.0%
Renter 54.0%
Affordability Index Moderate
4.3x home value to income ratio
Median gross rent $1,440/mo 22.2% of median household income annually

People & Demographics

Diversity Index

73out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 61 | National average: 61

Education

Chicago Rankings in Illinois

#1 Population of 1,445
#495 Median Income of 1,374
#156 Education of 1,444
#136 Home Value of 1,372

Other Cities in Cook County

CityPopulationMedian IncomePovertyHome Value
Elgin 114,934 $90,282 9.8% $273,000
Cicero 82,797 $70,842 14.6% $249,400
Schaumburg 76,868 $97,514 5.7% $330,400
Evanston 76,340 $96,434 11.8% $481,200
Arlington Heights 76,005 $116,723 6.0% $414,500
Palatine 66,293 $97,819 8.2% $355,600
Skokie 66,219 $95,337 9.7% $387,200
Des Plaines 59,156 $97,875 6.0% $335,600
Orland Park 57,916 $98,910 7.3% $367,200
Oak Lawn 56,861 $83,911 9.6% $281,200

Cities Similar to Chicago

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Aurora179,898$93,633$274,80038.5%9.5%
Joliet150,445$92,201$265,80025.5%11.1%
Rockford147,521$54,752$129,00023.5%21.3%
Naperville150,692$155,105$540,20072.5%4.5%
Elgin114,934$90,282$273,00027.0%9.8%

Population Overview

Chicago is a major urban center located in Illinois, within Cook County. The total population is 2,711,226. It ranks as the 1st most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Chicago is 35.8 years. This is 8% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Chicago is $77,902. This is 7% lower than the state median of $83,390. It is also 4% lower than the national median of $80,734. The poverty rate stands at 16.8%. This is 43% higher than the state poverty rate of 11.8%. The unemployment rate is 8.0%. This is 37% higher than the state rate of 5.8%. The median home value is $334,100. Housing costs are 27% higher than the state median of $263,300. The home-value-to-income ratio is 4.3x. 46.0% of occupied housing units are owner-occupied. This homeownership rate is 31% lower than the state average of 67.1%.

Race & Ethnicity

Chicago is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Hispanic or Latino residents account for 29.7%. The Black or African American population is significantly higher than the state average (27.4% vs 13.3%). The Hispanic or Latino population is significantly higher than the state average (29.7% vs 18.8%).

Education

44.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.2%. Notably, 19.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Chicago, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Illinois city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Chicago, Illinois?

Chicago, Illinois has a population of 2,711,226 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Chicago, IL?

The median household income in Chicago is $77,902, which is 4% lower than the national median of $80,734.

What is the poverty rate in Chicago, IL?

The poverty rate in Chicago is 16.8%. This means approximately 447,385 residents live below the federal poverty line.

What is the racial makeup of Chicago, Illinois?

Chicago's population is 32.1% White, 27.4% Black, 29.7% Hispanic/Latino, and 7.2% Asian.

What is the median home value in Chicago, IL?

The median home value in Chicago is $334,100. The home-value-to-income ratio is 4.3x.

How educated is Chicago, Illinois?

44.3% of adults (25+) in Chicago hold a bachelor's degree or higher, and 19.0% hold a graduate or professional degree.