Lake View Wealth: Richest and Poorest Blocks in Town

It’s no surprise that household income in Lake View is well above the state's average, but certain blocks in the community are far wealthier than others.

It’s all broken down by the website Rich Blocks, Poor Blocks, an online tool that combines Google Maps with the most recent Census data to show income and rent prices in every neighborhood in America.

According to the U.S. Census’ American Community Survey from 2007-2011, the richest people in Lake View live south of Irving Park Road to Addison Street, and east of Ravenswood Avenue to Ashland Avenue. The median household income there is about $110,000.

A close second is the area just west of Advocate Illinois Masonic Medical Center. Residents living south of Belmont Avenue to Diversey Parkway and west of Sheffield Avenue to Racine Avenue have a median household income of about $106,000.

That’s compared to Illinois’ middle-class household income ranging between $48,000 and $59,000.

Consequently, the poorest households in Lake View are on the other side of the community. Reportedly earning about $44,000 annually, the people living south of Wellington Avenue to Diversey Parkway and east of North Broadway to Pine Grove Avenue earn the least money in town.

The breakdown by Rich Blocks, Poor Blocks is done by Census Tract.

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Although there’s a drastic difference between the richest and poorest blocks in Lake View, it’s nothing compared to blocks just a stone’s throw from the community’s borders. In Uptown, near the corner of Lawrence Avenue and North Broadway, the median household income is just $17,800, the website reports.

And seemingly the wealthiest homeowners on the North Side live in North Center, not Lincoln Park as some might guess. The richest people found on the website live south of Belmont Avenue to Diversey Parkway, and west of Ravenswood Avenue to Damen Avenue, just on the border of Lake View. The median household income there is about $135,000.

Rich Blocks, Poor Blocks also looks at the median monthly rent costs. Although renters around Wrigleyville come in about $50 behind, the most expensive rent in town is that closest to the Diversey Harbor. Renters living south of Wellington Avenue to Diversey Parkway and east of Commonwealth Avenue to Lake Michigan are forking up almost $1,575 a month.

And just a few blocks east of where Lake View’s wealthiest homeowners live are where residents will find the cheapest rent in town. Those living south of Irving Park Road to Grace Street and east of Southport Avenue to Seminary Avenue are paying roughly $773 a month.

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