For the sixth year in a row, Chicago has led the nation in corporate expansions and relocations. Over the past 10 years, steady growth has added nearly 100,000 in the CBD alone.
With the surge in jobs, population in the urban core has jumped 50% since 2000, double the national growth rate. Half of those people are under 35. Plus the Chicago workforce has the most college grads per capita of the five largest U.S. cities.
Chicago is America’s last livable big city. Household income averages $126,5782 in the urban core, while the cost of living is low. Downtown housing averages just 21% of income. And Chicago has a lower cost of doing business than New York, Los Angeles, San Francisco and Boston.
Today 42% of the U.S. population lives within 750 miles of Chicago. The city is a vital link in any supply chain — and the largest U.S. industrial market.