Chicago attracting more young, well-off residents

Crain's Chicago Business reports:

If you think you've been seeing a lot more bright young people living in Chicago lately, you have.

Between 2010 and 2016, the city of Chicago gained more households in a key category—total income of more than $100,000 with the head of household under age 45—than any city in the country except for far larger New York, according to newly analyzed U.S. Census Bureau data.

Specifically, the number of such households here grew from just under 105,000 to an estimated 131,000, according to the American Community Survey data. That increase of 26,000 led Houston (24,000), San Francisco (23,000), Washington, D.C. (19,000) and Los Angeles (16,000). And while on a percentage basis that demographic grew faster in San Francisco than in Chicago (57 percent versus 27 percent), the Windy City outpaced cities such as Houston and L.A. and tied red-hot Denver.

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