Skokie, Illinois Income Statistics
Updated
Skokie Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Skokie Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Skokie | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $96,867 | $84,042 | $80,455 |
| Median Personal Income | $71,204 | $64,565 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.5% | 4.8% |
| Six-Figure Earners | 16.3% | 15.0% | 13.9% |
| $200k+ Households | 19.0% | 13.8% | 13.2% |
The median household income in Skokie is about 15% higher than in Illinois. Income has been growing slower in Skokie (4.4%/yr) than in Illinois (4.5%/yr).
About 16% of adults in Skokie earn six figures ($100,000 or more) a year, higher than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Skokie, Illinois grew by 42.1% from 2009 to 2024, reaching $96,867 in 2024. That's an average of about 4.4% per year.
Skokie has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2020, at 15% higher. The gap has narrowed from 33% in 2009 to 20% in 2024.
Income Distribution in Skokie
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 11,642 households (48.2% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 18.2% of households in Skokie had an income under $35,000 and 31.1% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Skokie has a larger share of households earning $200,000 or more (19.0% vs 13.2%) and a smaller share earning $50,000 to $74,999 (12.1% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,061 | 4.4% | 5.1% |
| $10,000 to $14,999 | 729 | 3.0% | 3.5% |
| $15,000 to $24,999 | 1,426 | 5.9% | 6.4% |
| $25,000 to $34,999 | 1,182 | 4.9% | 6.7% |
| $35,000 to $49,999 | 1,767 | 7.3% | 10.1% |
| $50,000 to $74,999 | 2,923 | 12.1% | 15.5% |
| $75,000 to $99,999 | 3,407 | 14.1% | 12.6% |
| $100,000 to $149,999 | 4,134 | 17.1% | 17.4% |
| $150,000 to $199,999 | 2,918 | 12.1% | 9.5% |
| $200,000 or more | 4,590 | 19.0% | 13.2% |
Shares are of all 24,137 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 8,811 residents (16.3% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 18.8% of residents who have any income.
In 2024, 13.2% of Skokie residents aged 15 and over reported no personal income, 27.3% had some income but less than $25,000, and 26.5% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Skokie has a larger share of residents earning $100,000 or more (16.3% vs 13.9%) and a smaller share earning $25,000 to $34,999 (7.6% vs 9.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 7,103 | 13.2% | 12.8% |
| $1 to $9,999 | 5,676 | 10.5% | 11.2% |
| $10,000 to $14,999 | 3,686 | 6.8% | 7.0% |
| $15,000 to $24,999 | 5,356 | 9.9% | 10.5% |
| $25,000 to $34,999 | 4,098 | 7.6% | 9.5% |
| $35,000 to $49,999 | 6,152 | 11.4% | 12.6% |
| $50,000 to $74,999 | 7,561 | 14.0% | 14.3% |
| $75,000 to $99,999 | 5,477 | 10.2% | 8.2% |
| $100,000 or more | 8,811 | 16.3% | 13.9% |
Shares are of the 53,920 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 13.2% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Skokie
| Metric | Skokie | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.549 | 0.547 | 0.552 |
| Male Median Income | $81,465 | $73,933 | $69,667 |
| Female Median Income | $69,252 | $60,067 | $56,850 |
| Gender Pay Gap | 15.0% | 18.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Skokie, it is 0.549, about the same as Illinois's 0.547, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 18% more than women's income in Skokie, Illinois. Over a 35-year career, a 18% wage gap accumulates to roughly $427,455 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Skokie, Illinois has narrowed from about 19% to 15% in 2024. Over that period the gap was widest at 21% in 2011, and was narrowest at 9% in 2016. In dollar terms, the gap has widened by $2,000 since 2009.
Employment
| Metric | Skokie | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 5.8% | 5.2% |
| Working from Home | 20.4% | 15.9% | 15.0% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 1,649 people are unemployed in Skokie, Illinois.
The average commute time in Skokie is 25 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Skokie, Illinois has fallen from 8.9% to 4.9% in 2024. Over that period the rate peaked at 9.1% in 2014 and fell as low as 4.2% in 2019.
Skokie has crossed the U.S. unemployment rate 3 times since 2011, most recently dropping below it by 2022. In 2024 its rate was 0.3 points lower.
Skokie, IL Wealth Compared With Nearby Cities
Skokie, IL is the 2nd largest of the 4 cities compared here, 65,951 residents against a local median of 25,227. Skokie, IL sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these cities turns on things this data does not capture.
The largest of those small differences is median household income, 11% below the local median at $96,867 against $108,920. Skokie, IL has the 3rd highest median household income of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Skokie, IL | 65,951 | $96,867 #3/4 | 4.4%/yr #2/4 | 4.9% #2/4 | 0.549 #3/4 |
| Wilmette, IL | 24,620 | $189,031 | 4.1%/yr | 4.4% | 0.509 |
| Evanston, IL | 67,656 | $94,783 | 3.7%/yr | 6.2% | 0.552 |
| Morton Grove, IL | 25,227 | $108,920 | 5.0%/yr | 5.1% | 0.539 |
Conclusion
Considering all these factors, Skokie, Illinois has an overall wealth index grade of B, making it somewhat better than Illinois, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Skokie, Illinois.
How Rich Is Skokie, Illinois?
Skokie has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $96,867, about 15% higher than the Illinois average of $84,042.
How fast is household income rising in Skokie, Illinois?
Between 2009 and 2024, the median household income in Skokie, Illinois rose 42%, from $68,146 to $96,867. Over the same years, income here lagged behind Illinois as a whole: +42% against +52%.
What was the median household income in Skokie in 2023?
In 2023, the median household income in Skokie, Illinois was $95,491, up 2% from $93,753 in 2022. The Illinois median that year was $82,182.
What was the median household income in Skokie in 2020?
In 2020, the median household income in Skokie, Illinois was $74,801. By 2024 it had risen 29% to $96,867.
What is the Gini coefficient in Skokie, Illinois?
The Gini coefficient in Skokie is 0.549. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Skokie, Illinois?
Since 2009, the income gap between men and women in Skokie, Illinois has narrowed from about 19% to 15% in 2024. Over that period the gap was widest at 21% in 2011, and was narrowest at 9% in 2016. In dollar terms, the gap has widened by $2,000 since 2009.
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