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Old 03-25-2012, 06:49 PM
 
10 posts, read 27,268 times
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A ranking by income for the 2000 census shows Oak Brook to be the richest Chicago area community (which really means it's the richest in Illinois) in the state's richest county, DuPage County.

Illinois locations by per capita income - Wikipedia, the free encyclopedia

Though the data are more than a decade old, I think the rankings are probably still valid, even after factoring the toll taken by the economic downturn of 2008.

Here's the thing: Oak Brook, in Chicago's western suburbs ranks sixth overall among Illinois communities in terms of income. The top five are all in Illinois' Lake County--which nonetheless, ranks second in income levels to DuPage among Illinois counties.

That would come as a surprise to most Chicagoans. These CEO-rich Lake County communities, which include Kenilworth, Winnetka, Lake Forest etc. make up the elite "North Shore." And yet, by the numbers they apparently lagged the inland DuPage County communities in terms of per capita, per househould, and per family income.

Is a puzzlement.

AO
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Old 03-26-2012, 09:43 AM
 
Location: Winnetka
114 posts, read 204,876 times
Reputation: 68
Quote:
Originally Posted by amo48 View Post
A ranking by income for the 2000 census shows Oak Brook to be the richest Chicago area community (which really means it's the richest in Illinois) in the state's richest county, DuPage County.

Illinois locations by per capita income - Wikipedia, the free encyclopedia

Though the data are more than a decade old, I think the rankings are probably still valid, even after factoring the toll taken by the economic downturn of 2008.

Here's the thing: Oak Brook, in Chicago's western suburbs ranks sixth overall among Illinois communities in terms of income. The top five are all in Illinois' Lake County--which nonetheless, ranks second in income levels to DuPage among Illinois counties.

That would come as a surprise to most Chicagoans. These CEO-rich Lake County communities, which include Kenilworth, Winnetka, Lake Forest etc. make up the elite "North Shore." And yet, by the numbers they apparently lagged the inland DuPage County communities in terms of per capita, per househould, and per family income.

Is a puzzlement.

AO
Kenilworth and Winnetka are in Cook County - not Lake.
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Old 03-26-2012, 02:01 PM
 
614 posts, read 1,313,802 times
Reputation: 635
Quote:
Originally Posted by amo48 View Post
A ranking by income for the 2000 census shows Oak Brook to be the richest Chicago area community (which really means it's the richest in Illinois) in the state's richest county, DuPage County.

Illinois locations by per capita income - Wikipedia, the free encyclopedia

Though the data are more than a decade old, I think the rankings are probably still valid, even after factoring the toll taken by the economic downturn of 2008.

Here's the thing: Oak Brook, in Chicago's western suburbs ranks sixth overall among Illinois communities in terms of income. The top five are all in Illinois' Lake County--which nonetheless, ranks second in income levels to DuPage among Illinois counties.

That would come as a surprise to most Chicagoans. These CEO-rich Lake County communities, which include Kenilworth, Winnetka, Lake Forest etc. make up the elite "North Shore." And yet, by the numbers they apparently lagged the inland DuPage County communities in terms of per capita, per househould, and per family income.

Is a puzzlement.

AO
The question was what suburb, not what county. The number is not surprising when you average wealth. I don't put much stock in per capita income. The western burbs are dense with upper middle class households living in McMansions. Lake County has some very wealthy suburbs, but is lacking some of the wealthiest. Lake's wealthiest homes tend to sit on larger tracts of land with fewer residents (Bannockburn), vs some geographically larger towns (Waukegan) with lower average household income and more people.
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Old 03-26-2012, 02:39 PM
 
Location: Not where you ever lived
10,835 posts, read 14,903,635 times
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Cute. Your tinypic suggests seed dissecting as a family activity.

Quote:
Originally Posted by PierreWY View Post
Yes, I agree. Glencoe is doing pretty well too, the village held the sixth spot in CNN Money 2011 ranking of the top-earning towns in America.
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Old 03-26-2012, 02:52 PM
 
Location: Not where you ever lived
10,835 posts, read 14,903,635 times
Reputation: 5372
I would not assume anything Wikipedia wrote was accurate after their great exposure as liars who twisted data. And I don't trust Forbes either for hits editor admits it never visits the places on which it opines.

I read a couple of years ago that 41% of IL millionaires live in the Chicago area. This begs the question as to where the other 59% live?

So although Oak Brook may be the richest community in the Chicago area, it should not be construed to mean something not clearly defined and stated as such.


Quote:
Originally Posted by amo48 View Post
A ranking by income for the 2000 census shows Oak Brook to be the richest Chicago area community (which really means it's the richest in Illinois) in the state's richest county, DuPage County.

Illinois locations by per capita income - Wikipedia, the free encyclopedia

Though the data are more than a decade old, I think the rankings are probably still valid, even after factoring the toll taken by the economic downturn of 2008.

Here's the thing: Oak Brook, in Chicago's western suburbs ranks sixth overall among Illinois communities in terms of income. The top five are all in Illinois' Lake County--which nonetheless, ranks second in income levels to DuPage among Illinois counties.

That would come as a surprise to most Chicagoans. These CEO-rich Lake County communities, which include Kenilworth, Winnetka, Lake Forest etc. make up the elite "North Shore." And yet, by the numbers they apparently lagged the inland DuPage County communities in terms of per capita, per househould, and per family income.

Is a puzzlement.

AO
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Old 03-27-2012, 01:30 AM
 
1,809 posts, read 1,139,763 times
Reputation: 1618
Quote:
Originally Posted by urza216 View Post
Maybe being a millionaire isn't always as wealthy as it sounds. In fact, in a thread about the richest of the rich, who even cares about a resident with 1.5 million in the bank? If someone makes good money for 20 years and is responsible with their earnings, they just might find themselves as a millionaire. I wager that a lot of run-of-the-mill middle class suburbs have a millionaire resident or two. You don't need 2 million to be a millionaire but you need more than 999 million to be a billionaire. Does the suburb have any billionaires?

The Richest People in America List - Forbes
Yep, about 7% of all U.S. households have $1 million or more in net assets.
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Old 03-27-2012, 03:38 PM
 
Location: 46217
210 posts, read 349,909 times
Reputation: 84
Roseland?
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Old 03-27-2012, 04:16 PM
 
Location: Chicago =)
249 posts, read 237,808 times
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Kenilworth, Winnetka, Lake Forest, Barrington area, Hinsdale, and Glencoe all come to mind.
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Old 03-27-2012, 04:24 PM
 
Location: South Chicagoland
4,031 posts, read 4,284,785 times
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Quote:
Originally Posted by mobyhead View Post
Roseland?
Not a suburb. And the median income isn't as low as you'd think. There are definitely overall poorer neighborhoods on the south side of Chicago and poorer south suburbs..
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Old 03-27-2012, 06:01 PM
 
Location: South Chicagoland
4,031 posts, read 4,284,785 times
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Median household income 2009:

Roseland: $43,984
Chicago: $45,734

Read more: http://www.city-data.com/neighborhood/Roseland-Chicago-IL.html#ixzz1qMRpzZRD
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