Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably aren’t made of ticky tacky, they are definitely made of money.
These are the wealthiest neighborhoods that Chicago has to offer. Where houses go for over 2.48x the national median and household incomes are 1.84x the national median.
But where exactly in Chicago do the richest of the rich people live? That would be Forest Glen where the median income is a cool $130,959.
Here’s a look at the top 10 richest neighborhoods in Chicago out of 77 for 2018:
- Forest Glen (Homes)
- Lincoln Park (Homes)
- Beverly (Homes)
- North Center (Homes)
- Loop (Homes)
- Edison Park (Homes)
- Near North Side (Homes)
- Mount Greenwood (Homes)
- Lake View (Homes)
- Norwood Park (Homes)
Summing up the median income of those 10 neighborhoods adds up to $902,593. And that my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.
Continue on to find where your neighborhood ranks amongst the richest in Chicago.
How We Determined The Most Well To Do Neighborhoods In Chicago For 2018
Every city has it’s best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live.
And then you have the wealthiest neighborhoods, where no one can afford to live.
And by no one, we really mean you because there’s always someone richer than you.
How do you quantify richer than you? We looked at one simple criterion:
Which neighborhoods have the highest median income?
We ranked every neighborhood in Chicago by median income from highest to lowest. The neighborhood with the highest median income, Forest Glen, was named the richest neighborhood in Chicago.
The poorest neighborhood? That would be Riverdale.
Now a look at how all the neighborhoods in Chicago ranked.
For more Illinois reading, check out:
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- These Are The 10 Richest Cities In Illinois
Detailed List Of The Richest Neighborhoods In Chicago For 2018
|Rank||Neighborhood||Median Household Income|
|7||Near North Side||$90,036|
|17||Near South Side||$64,263|
|22||Near West Side||$58,249|
|52||Lower West Side||$37,427|
|69||East Garfield Park||$27,326|
|72||West Garfield Park||$25,658|