Quick Answer: What Is The Best Suburb To Live In Chicago?

How many billionaires live in Illinois?

18 billionairesForbes magazine reports that its annual review of the super-wealthy in the United States revealed Illinois has just 18 billionaires out of a population of 12.5 million..

Where is the ghetto in Chicago?

The West Side is Chicago’s “other” ghetto. It is not as well known as the South Side, outside Chicago but many consider it among the worst slum areas in the nation. Its problems typify the hard times experienced by such poor sections even under the best economic conditions.

How many millionaires and billionaires are in Illinois?

TableRank by Number of Billionaires (9/15/20)State or Federal DistrictBillionaires/ State’s 10M pop. (7/19 Census) (9/15/20)4Florida27.003Texas20.696Illinois13.427Connecticut39.2749 more rows

What is the best area to live in Illinois?

15 Best Places to Live in IllinoisSpringfield. Source: RRuntsch / shutterstock. … Naperville. Source: Steve Cukrov / shutterstock. … Buffalo Grove. Source: ckdisco / Flickr. … Wheaton. Source: Henryk Sadura / shutterstock. … Glenview. Source: pics721 / shutterstock. … Park Ridge. Source: Teemu008 / Flickr. … Oak Park. Source: Thomas Barrat / shutterstock. … Elmhurst.More items…

What is considered rich in Chicago?

Chicago. To be wealthy, you need a net worth of $2.5 million. That’s about 26 times the actual median net worth of U.S. households.

What’s the poorest city in Illinois?

CentrevilleCentreville is the poorest city in the state of Illinois, as well as one of the poorest cities in the nation. The town median household income of $17,441, while the typical home in the area is worth approximately $47,900.

Is Chicago actually dangerous?

The city’s overall crime rate, especially the violent crime rate, is higher than the US average. Chicago was responsible for nearly half of 2016’s increase in homicides in the US, though the nation’s crime rates remain near historic lows. The reasons for the higher numbers in Chicago remain unclear.

How many millionaires live in Chicago?

Here are the five U.S. cities with the most UHNW individuals: New York City: 8,980. Los Angeles: 5,295. Chicago: 3,350.

What is the bad side of Chicago?

Most of Chicago’s most violent crimes and gang activity are located on the West and South sides of the city. In general, the further South and West you go, the more dangerous the neighborhood. That said, a few neighborhoods in South and West Chicago have benefitted greatly from gentrification.

What are the safest suburbs in Chicago?

Clarendon Hills. Suburb of Chicago, IL. 25 reviews. … Buffalo Grove. Suburb of Chicago, IL. 147 reviews. … Naperville. City in Illinois. 622 reviews. … Bannockburn. Suburb of Chicago, IL. … Hinsdale. Suburb of Chicago, IL. … Western Springs. Suburb of Chicago, IL. … Vernon Hills. Suburb of Chicago, IL. … Wilmette. Suburb of Chicago, IL.More items…

Where do the rich live in Chicago?

Forest GlenThe neighborhood with the highest median income, Forest Glen, was named the richest neighborhood in Chicago.

Where should I avoid in Chicago?

Here are the 10 worst neighborhoods in Chicago according to data:Riverdale.Englewood.Washington Park.Fuller Park.West Englewood.Burnside.South Deering.Pullman.More items…

What you need to know before moving to Chicago?

What to Know Before Moving to ChicagoGet used to the Cold. Even if you are from the Midwest, Chicago winters can be more brutal than you expect. … Get to know the CTA. … Consider ditching the car. … Grab a bike and go. … Take advantage of summer events and festivals. … Go to at least one sports game. … Try out the authentic food. … Choose your neighborhood wisely.More items…•

What is the safest town in Illinois?

The 50 Safest Cities in Illinois#1. Campton Hills. Population 11,305. Median Income $131,658. … #2. Gilberts. Population 8,254. Median Income $105,087. … #3. Manhattan. +53. Population 7,879. … #4. Justice. NEW. Population 12,822. … #5. Sandwich. +111. Population 7,382. … #6. Huntley. -1. Population 27,637. … #7. Hinsdale. +10. … #8. La Grange Park. +30.More items…•

Is Illinois a good place to retire?

One of the top reasons to retire in Illinois is that Social Security benefits, pensions, and income from most retirement plans are tax exempt. Plus, the state’s flat income tax rate of 4.95% is relatively low comparably.

What is the most affluent suburb of Chicago?

According to Esri, the Top 10 wealthiest ZIP codes in the Chicago area are:60043 – Kenilworth.60022 – Glencoe.60093 – Winnetka.60521 – Hinsdale.60045 – Lake Forest.60091 – Wilmette.60558 – Western Springs.60523 – Oak Brook.More items…•

What is the wealthiest town in Illinois?

At the end of the day, here’s the set of the 10 richest places in Illinois for 2020:Winnetka (Photos | Homes For Sale)Western Springs (Photos | Homes For Sale)Mahomet (Photos | Homes For Sale)Oak Brook (Photos | Homes For Sale)Deerfield (Photos | Homes For Sale)Winfield (Photos | Homes For Sale)More items…

Why Chicago is a bad place to live?

It is more expensive than you think. From high rent prices and (really) high taxes, to pricey restaurants and exorbitant parking fees, prepare to shell out if you’re making the move to the Windy City. According to PayScale.com, the cost of living in Chicago is 23 percent higher than the national average.

Is Lincoln Park Chicago Expensive?

Lincoln Park is one of the wealthiest and most expensive communities in which to live. While the average single-family house is priced around $1 million, many homes in the area sell for more than $10 million.

Is Chicago an expensive city?

Chicago may be the third most populous city in the U.S., but when it comes to highest cost of living, it doesn’t crack the Top 10, according to a recent analysis. … Chicago came in at No. 15 on the list of most expensive cities, with average monthly expenses of $2,495. That is slightly less expensive than Miami (No.

What’s it like living in Chicago suburbs?

Cleaner than New York and nicer than Los Angeles, Chicago is the largest city in the Midwest. As such, it still has a touch of humbleness in its roots. There is ample public transportation, good jobs and plenty of diversity. … Despite not having access to a coast, the lakefront is a major part of city life.