Market Research Assignment

Housing_Profile_Chinatown.pdf

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Housing Profile Chinatown, Chicago, Illinois Prepared by Esri Walk Time: 5 minute radius Latitude: 41.85279

Longitude: -87.63495

Population Households 2010 Total Population 4,235 2018 Median Household Income $28,954 2018 Total Population 4,710 2023 Median Household Income $30,378 2023 Total Population 4,823 2018-2023 Annual Rate 0.96% 2018-2023 Annual Rate 0.48%

Census 2010 2018 2023 Housing Units by Occupancy Status and Tenure Number Percent Number Percent Number Percent

Total Housing Units 1,814 100.0% 1,895 100.0% 1,936 100.0% Occupied 1,638 90.3% 1,792 94.6% 1,830 94.5%

Owner 549 30.3% 573 30.2% 609 31.5% Renter 1,089 60.0% 1,219 64.3% 1,221 63.1%

Vacant 176 9.7% 103 5.4% 107 5.5%

2018 2023 Owner Occupied Housing Units by Value Number Percent Number Percent

Total 571 100.0% 609 100.0% <$50,000 11 1.9% 6 1.0% $50,000-$99,999 8 1.4% 5 0.8% $100,000-$149,999 39 6.8% 26 4.3% $150,000-$199,999 67 11.7% 52 8.5% $200,000-$249,999 131 22.9% 118 19.4% $250,000-$299,999 106 18.6% 109 17.9% $300,000-$399,999 97 17.0% 121 19.9% $400,000-$499,999 45 7.9% 63 10.3% $500,000-$749,999 60 10.5% 95 15.6% $750,000-$999,999 0 0.0% 0 0.0% $1,000,000-$1,499,999 7 1.2% 14 2.3% $1,500,000-$1,999,999 0 0.0% 0 0.0% $2,000,000+ 0 0.0% 0 0.0%

Median Value $263,915 $294,725 Average Value $309,194 $356,281

Census 2010 Housing Units Number Percent Total 1,814 100.0%

In Urbanized Areas 1,814 100.0% In Urban Clusters 0 0.0% Rural Housing Units 0 0.0%

Data Note: Persons of Hispanic Origin may be of any race. Source: U.S. Census Bureau, Census 2010 Summary File 1.

January 25, 2019

Housing Profile Chinatown, Chicago, Illinois Prepared by Esri Walk Time: 5 minute radius Latitude: 41.85279

Longitude: -87.63495

Census 2010 Owner Occupied Housing Units by Mortgage Status Number Percent Total 548 100.0%

Owned with a Mortgage/Loan 316 57.7% Owned Free and Clear 232 42.3%

Census 2010 Vacant Housing Units by Status Number Percent

Total 157 100.0% For Rent 47 29.9% Rented- Not Occupied 2 1.3% For Sale Only 38 24.2% Sold - Not Occupied 6 3.8% Seasonal/Recreational/Occasional Use 22 14.0% For Migrant Workers 0 0.0% Other Vacant 42 26.8%

Census 2010 Occupied Housing Units by Age of Householder and Home Ownership Owner Occupied Units

Occupied Units Number % of Occupied Total 1,636 548 33.5%

15-24 69 7 10.1% 25-34 153 40 26.1% 35-44 239 81 33.9% 45-54 339 134 39.5% 55-64 267 113 42.3% 65-74 183 78 42.6% 75-84 280 65 23.2% 85+ 106 30 28.3%

Census 2010 Occupied Housing Units by Race/Ethnicity of Householder and Home Ownership Owner Occupied Units

Occupied Units Number % of Occupied Total 1,638 549 33.5%

White Alone 100 46 46.0% Black/African American Alone

77 10 13.0% American Indian/Alaska Native Alone

0 0 0.0% Asian Alone 1,439 485 33.7% Pacific Islander Alone 1 1 100.0% Other Race Alone 7 1 14.3% Two or More Races 14 6 42.9%

Hispanic Origin 25 9 36.0%

Census 2010 Occupied Housing Units by Size and Home Ownership Owner Occupied Units

Occupied Units Number % of Occupied Total 1,638 548 33.5%

1-Person 470 129 27.4% 2-Person 428 146 34.1% 3-Person 291 90 30.9% 4-Person 247 101 40.9% 5-Person 118 41 34.7% 6-Person 52 27 51.9% 7+ Person 32 14 43.8%

Data Note: Persons of Hispanic Origin may be of any race. Source: U.S. Census Bureau, Census 2010 Summary File 1.

January 25, 2019

Housing Profile Chinatown, Chicago, Illinois Prepared by Esri Walk Time: 10 minute radius Latitude: 41.85279

Longitude: -87.63495

Population Households 2010 Total Population 8,847 2018 Median Household Income $32,733 2018 Total Population 9,430 2023 Median Household Income $35,000 2023 Total Population 9,608 2018-2023 Annual Rate 1.35% 2018-2023 Annual Rate 0.37%

Census 2010 2018 2023 Housing Units by Occupancy Status and Tenure Number Percent Number Percent Number Percent

Total Housing Units 3,924 100.0% 4,046 100.0% 4,113 100.0% Occupied 3,520 89.7% 3,717 91.9% 3,773 91.7%

Owner 1,291 32.9% 1,301 32.2% 1,365 33.2% Renter 2,229 56.8% 2,416 59.7% 2,408 58.5%

Vacant 404 10.3% 330 8.2% 341 8.3%

2018 2023 Owner Occupied Housing Units by Value Number Percent Number Percent

Total 1,295 100.0% 1,359 100.0% <$50,000 19 1.5% 10 0.7% $50,000-$99,999 18 1.4% 10 0.7% $100,000-$149,999 73 5.6% 48 3.5% $150,000-$199,999 125 9.7% 97 7.1% $200,000-$249,999 227 17.5% 202 14.9% $250,000-$299,999 208 16.1% 203 14.9% $300,000-$399,999 243 18.8% 278 20.5% $400,000-$499,999 137 10.6% 166 12.2% $500,000-$749,999 161 12.4% 225 16.6% $750,000-$999,999 46 3.6% 67 4.9% $1,000,000-$1,499,999 23 1.8% 36 2.6% $1,500,000-$1,999,999 14 1.1% 16 1.2% $2,000,000+ 1 0.1% 1 0.1%

Median Value $294,591 $339,388 Average Value $373,880 $420,714

Census 2010 Housing Units Number Percent Total 3,924 100.0%

In Urbanized Areas 3,924 100.0% In Urban Clusters 0 0.0% Rural Housing Units 0 0.0%

Data Note: Persons of Hispanic Origin may be of any race. Source: U.S. Census Bureau, Census 2010 Summary File 1.

January 25, 2019

Housing Profile Chinatown, Chicago, Illinois Prepared by Esri Walk Time: 10 minute radius Latitude: 41.85279

Longitude: -87.63495

Census 2010 Owner Occupied Housing Units by Mortgage Status Number Percent Total 1,291 100.0%

Owned with a Mortgage/Loan 857 66.4% Owned Free and Clear 434 33.6%

Census 2010 Vacant Housing Units by Status Number Percent

Total 372 100.0% For Rent 132 35.5% Rented- Not Occupied 6 1.6% For Sale Only 86 23.1% Sold - Not Occupied 10 2.7% Seasonal/Recreational/Occasional Use 42 11.3% For Migrant Workers 0 0.0% Other Vacant 96 25.8%

Census 2010 Occupied Housing Units by Age of Householder and Home Ownership Owner Occupied Units

Occupied Units Number % of Occupied Total 3,520 1,290 36.6%

15-24 120 15 12.5% 25-34 411 143 34.8% 35-44 597 251 42.0% 45-54 690 309 44.8% 55-64 576 259 45.0% 65-74 495 155 31.3% 75-84 473 111 23.5% 85+ 158 47 29.7%

Census 2010 Occupied Housing Units by Race/Ethnicity of Householder and Home Ownership Owner Occupied Units

Occupied Units Number % of Occupied Total 3,521 1,291 36.7%

White Alone 453 298 65.8% Black/African American Alone

612 89 14.5% American Indian/Alaska Native Alone

2 0 0.0% Asian Alone 2,397 883 36.8% Pacific Islander Alone 1 1 100.0% Other Race Alone 19 5 26.3% Two or More Races 37 15 40.5%

Hispanic Origin 71 34 47.9%

Census 2010 Occupied Housing Units by Size and Home Ownership Owner Occupied Units

Occupied Units Number % of Occupied Total 3,521 1,292 36.7%

1-Person 1,119 332 29.7% 2-Person 941 370 39.3% 3-Person 601 220 36.6% 4-Person 494 217 43.9% 5-Person 202 77 38.1% 6-Person 95 48 50.5% 7+ Person 69 28 40.6%

Data Note: Persons of Hispanic Origin may be of any race. Source: U.S. Census Bureau, Census 2010 Summary File 1.

January 25, 2019

Housing Profile Chinatown, Chicago, Illinois Prepared by Esri Walk Time: 15 minute radius Latitude: 41.85279

Longitude: -87.63495

Population Households 2010 Total Population 16,824 2018 Median Household Income $49,423 2018 Total Population 17,954 2023 Median Household Income $54,686 2023 Total Population 18,450 2018-2023 Annual Rate 2.04% 2018-2023 Annual Rate 0.55%

Census 2010 2018 2023 Housing Units by Occupancy Status and Tenure Number Percent Number Percent Number Percent

Total Housing Units 8,248 100.0% 8,613 100.0% 8,787 100.0% Occupied 7,055 85.5% 7,579 88.0% 7,789 88.6%

Owner 3,064 37.1% 3,182 36.9% 3,369 38.3% Renter 3,991 48.4% 4,397 51.1% 4,420 50.3%

Vacant 1,193 14.5% 1,033 12.0% 999 11.4%

2018 2023 Owner Occupied Housing Units by Value Number Percent Number Percent

Total 3,178 100.0% 3,363 100.0% <$50,000 53 1.7% 26 0.8% $50,000-$99,999 40 1.3% 22 0.7% $100,000-$149,999 120 3.8% 79 2.3% $150,000-$199,999 212 6.7% 159 4.7% $200,000-$249,999 422 13.3% 360 10.7% $250,000-$299,999 468 14.7% 422 12.5% $300,000-$399,999 736 23.2% 768 22.8% $400,000-$499,999 364 11.5% 428 12.7% $500,000-$749,999 457 14.4% 622 18.5% $750,000-$999,999 221 7.0% 365 10.9% $1,000,000-$1,499,999 37 1.2% 54 1.6% $1,500,000-$1,999,999 32 1.0% 37 1.1% $2,000,000+ 16 0.5% 21 0.6%

Median Value $337,228 $379,883 Average Value $414,954 $471,625

Census 2010 Housing Units Number Percent Total 8,248 100.0%

In Urbanized Areas 8,248 100.0% In Urban Clusters 0 0.0% Rural Housing Units 0 0.0%

Data Note: Persons of Hispanic Origin may be of any race. Source: U.S. Census Bureau, Census 2010 Summary File 1.

January 25, 2019

Housing Profile Chinatown, Chicago, Illinois Prepared by Esri Walk Time: 15 minute radius Latitude: 41.85279

Longitude: -87.63495

Census 2010 Owner Occupied Housing Units by Mortgage Status Number Percent Total 3,063 100.0%

Owned with a Mortgage/Loan 2,339 76.4% Owned Free and Clear 724 23.6%

Census 2010 Vacant Housing Units by Status Number Percent

Total 1,157 100.0% For Rent 292 25.2% Rented- Not Occupied 15 1.3% For Sale Only 356 30.8% Sold - Not Occupied 32 2.8% Seasonal/Recreational/Occasional Use 91 7.9% For Migrant Workers 0 0.0% Other Vacant 371 32.1%

Census 2010 Occupied Housing Units by Age of Householder and Home Ownership Owner Occupied Units

Occupied Units Number % of Occupied Total 7,056 3,063 43.4%

15-24 293 45 15.4% 25-34 1,427 587 41.1% 35-44 1,401 706 50.4% 45-54 1,339 665 49.7% 55-64 1,049 536 51.1% 65-74 724 278 38.4% 75-84 617 174 28.2% 85+ 206 72 35.0%

Census 2010 Occupied Housing Units by Race/Ethnicity of Householder and Home Ownership Owner Occupied Units

Occupied Units Number % of Occupied Total 7,055 3,064 43.4%

White Alone 2,059 1,266 61.5% Black/African American Alone

1,382 301 21.8% American Indian/Alaska Native Alone

12 5 41.7% Asian Alone 3,305 1,383 41.8% Pacific Islander Alone 1 1 100.0% Other Race Alone 187 61 32.6% Two or More Races 109 47 43.1%

Hispanic Origin 474 207 43.7%

Census 2010 Occupied Housing Units by Size and Home Ownership Owner Occupied Units

Occupied Units Number % of Occupied Total 7,058 3,065 43.4%

1-Person 2,480 966 39.0% 2-Person 2,033 946 46.5% 3-Person 1,101 469 42.6% 4-Person 837 402 48.0% 5-Person 337 149 44.2% 6-Person 156 81 51.9% 7+ Person 114 52 45.6%

Data Note: Persons of Hispanic Origin may be of any race. Source: U.S. Census Bureau, Census 2010 Summary File 1.

January 25, 2019