Lincoln Park, Chicago, IL Community Information

Lincoln Park, Chicago, IL Homes for Sale

Lincoln Park, Chicago, IL Community Information

Population

71,858

Median Age

31.9

Median Household Income

$90,858

Households with Children

32.63%

Median Travel Time to Work

31 minutes

Lincoln Park, Chicago, IL Real Estate Market Information

Homes Owned

40.03%

Homes Rented

56.78%

Homes Vacant

3.19%

Lincoln Park, Chicago, IL Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

9:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See Lincoln Park apartments for rent

Powered by Apartments.com & HomeFinder.com

Lincoln Park, Chicago, IL School Information

Elementary Schools

Primary Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 71,858
  • Total Male Population 35,375
  • Total Female Population 36,483
  • Population change since 2000 8.66%
  • Median age 31.9
  • Percent of households with children 32.63%
  • Personal Crime risk 204

Transportation

  • Median travel time to work 31 minutes
  • Percent using Public transportation 40.78%
  • Percent Driving/Using Carpool 45.99
  • Percent Using Other transportation 7.90%
  • Percent Working From Home 5.33%

Education Levels

  • Some high school 4.43%
  • High school graduate 5.55%
  • Some college 8.07%
  • Associate degree 2.13%
  • Bachelor's degree 45.28%
  • Graduate degree 34.54%

Occupation

  • Agriculture, forestry, and fishing 0.10%
  • Construction 1.49%
  • Manufacturing 4.77%
  • Wholesale Trade 2.52%
  • Retail Trade 5.22%
  • Finance, insurance and real estate 17.98%
  • Services 2.95%
  • Public administration 1.73%
  • Information 5.70%
  • Professional 32.14%
  • Education 17.65%
  • Arts 5.66%

Income

  • Average household income $153,478
  • Income change since 2000 26.23%

Climate

  • Avg. January high/low temp 30.94 / 16.38
  • Avg. July high/low temp 82.63 / 64.49
  • Annual precipitation 37.29
© 2013 HomeFinder.com, LLC Equal Housing Opportunity