Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they 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 3.51x the national median and household incomes are 2.52x the national median.
But where exactly in Chicago do the richest of the rich people live? That would be Edison Park where the median income is a cool $138,875.
Here’s a look at the top 10 wealthiest neighborhoods in Chicago out of 77 for 2024.
The Richest Neighborhoods In Chicago For 2024
What’s the richest neighborhood to live in Chicago for 2024? According to the most recent census data, Edison Park looks to be the richest Chicago neighborhood to live in.
Summing up the median income of those 10 neighborhoods adds up to $1,164,311. 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.
Find where your neighborhood ranks amongst the richest in Chicago.
For more Chicago reading, check out the best neighborhoods in Chicago and the worst neighborhoods in Chicago.
Or, for living around Chicago, out the best Chicago suburbs and the worst Chicago suburbs.
Table Of Contents: Table | Methodology
Richst Neighborhoods In Chicago For 2024 By Median Income
| Rank | Neighborhood | Median Household Income |
|---|---|---|
| 1 | Edison Park | $138,875 |
| 2 | North Center | $133,268 |
| 3 | Lincoln Park | $132,432 |
| 4 | Lake View | $128,310 |
| 5 | Beverly | $117,969 |
| 6 | Forest Glen | $108,750 |
| 7 | Mount Greenwood | $108,072 |
| 8 | West Town | $100,114 |
| 9 | Lincoln Square | $98,301 |
| 10 | Loop | $98,220 |
| 11 | Near North Side | $97,802 |
| 12 | Avondale | $89,062 |
| 13 | Garfield Ridge | $85,614 |
| 14 | Dunning | $80,857 |
| 15 | Edgewater | $80,652 |
| 16 | Near South Side | $80,646 |
| 17 | Jefferson Park | $80,034 |
| 18 | Ashburn | $78,791 |
| 19 | Norwood Park | $77,558 |
| 20 | Logan Square | $75,761 |
| 21 | Irving Park | $75,411 |
| 22 | Near West Side | $74,122 |
| 23 | Albany Park | $68,766 |
| 24 | North Park | $67,555 |
| 25 | Montclare | $65,268 |
| 26 | West Elsdon | $63,586 |
| 27 | Calumet Heights | $63,036 |
| 28 | Clearing | $61,588 |
| 29 | O’hare | $61,241 |
| 30 | Humboldt Park | $59,973 |
| 31 | Pottage Park | $59,222 |
| 32 | West Lawn | $58,820 |
| 33 | Hyde Park | $58,761 |
| 34 | Kenwood | $58,158 |
| 35 | Mckinley Park | $57,365 |
| 36 | East Side | $57,157 |
| 37 | Bridgeport | $56,947 |
| 38 | Washington Heights | $56,829 |
| 39 | Hermosa | $54,924 |
| 40 | West Ridge | $54,223 |
| 41 | Morgan Park | $53,937 |
| 42 | Rogers Park | $52,286 |
| 43 | Hegewisch | $51,716 |
| 44 | Uptown | $51,654 |
| 45 | Chatham | $49,214 |
| 46 | Brighton Park | $48,123 |
| 47 | West Pullman | $46,956 |
| 48 | Belmont Cragin | $46,654 |
| 49 | South Chicago | $44,876 |
| 50 | Pullman | $44,734 |
| 51 | Burnside | $44,243 |
| 52 | Gage Park | $43,411 |
| 53 | Oakland | $43,288 |
| 54 | Avalon Park | $42,981 |
| 55 | Lower West Side | $40,724 |
| 56 | Roseland | $39,713 |
| 57 | Woodlawn | $39,524 |
| 58 | Douglas | $39,212 |
| 59 | South Shore | $38,548 |
| 60 | Chicago Lawn | $37,465 |
| 61 | Archer Heights | $36,405 |
| 62 | Grand Boulevard | $36,187 |
| 63 | Austin | $36,124 |
| 64 | New City | $32,588 |
| 65 | West Garfield Park | $32,582 |
| 66 | Auburn Gresham | $32,470 |
| 67 | West Englewood | $32,258 |
| 68 | South Lawndale | $32,212 |
| 69 | Grand Crossing | $31,984 |
| 70 | South Deering | $31,584 |
| 71 | Fuller Park | $29,302 |
| 72 | East Garfield Park | $28,558 |
| 73 | Armour Square | $27,790 |
| 74 | Englewood | $26,828 |
| 75 | North Lawndale | $26,510 |
| 76 | Washington Park | $24,568 |
| 77 | Riverdale | $19,067 |
How We Determined The Wealthiest Neighborhoods In Chicago For 2024
Every city has its 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 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?
Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Chicago.
We ranked every neighborhood in Chicago by median income from highest to lowest. The neighborhood with the highest median income, Edison Park, was named the wealthiest neighborhood in Chicago.
The richest neighborhoods in Chicago are Edison Park, North Center, Lincoln Park, Lake View, Beverly, Forest Glen, Mount Greenwood, West Town, Lincoln Square, and Loop.
The poorest neighborhood? That would be Riverdale.
The poorest neighborhoods in Chicago are Riverdale, Washington Park, North Lawndale, Englewood, and Armour Square.
We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Chicago.
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