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Chicago has a population of approximately 2,742,119 and experiences a population change rate of -5.31%. The population density is 12,060.3 / sq mi .
The median household income for Chicago is $65,781, with 1,112,581 households and an average household size of 2.41.
The median value of a home in Chicago is $284,100 with an appreciation rate of 10.10%. 40.54% of housing in the state is owned while 48.29% is rented.
The cost of living in Chicago is 117.8 %.
The unemployment rate in Chicago is 3.60%, and recent job growth is at 1.09%. Future job growth is projected at 46.36%.
The sales tax rate in Chicago is 10.25%, while the income tax rate is 4.95% .
School expenditures in Chicago are $21,907, and the school ratio is 14:1.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.
