Quote:
Originally Posted by bhawk66
Chicago's fortunes as far as economy are always on a slippery slope. Also, to say it has more investment than when Hancock, Sears, Standard Oil was built is a little misleading, imo. The core of the cities doing fine right now, but I wont hold my breath. It's not invulnerable.
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A very common misconception is that only the core is doing well. Between 2010 and 2018, 44 of 77 CAs in the city have gained population. Let's disregard the usual suspects from this that are downtown + Lincoln Park, Lincoln Square, Lakeview, West Town (Wicker Park, Ukrainian Village), North Center, etc. Let's look at the other CAs of the city that have grown in population between 2010 and 2018. Keep in mind that I'm comparing the 2010 ACS to the 2018 ACS as the US Census Department told me a few years ago personally to not compare decennial census to ACS because they're completely different studies with different methodologies:
West Ridge: +5143 people
Avondale: +4879 people
Bridgeport: +2293 people
Uptown: +2084 people
South Lawndale: +2041 people
Humboldt Park: +1762 people
Douglas: +1744 people
Clearing: +1670 people
Hyde Park: +1639 people
Ashburn: +1604 people
Woodlawn: +1471 people
West Elsdon: +1429 people
Dunning: +1391 people
Riverdale: +1374 people
Grand Boulevard: +1319 people
Portage Park: +1317 people
Jefferson Park: +1279 people
Oakland: +1015 people
Garfield Ridge: +1012 people
Washington Park: +877 people
Brighton Park: +871 people
Mount Greenwood: +845 people
Montclare: +740 people
Edison Park: +597 people
O'Hare: +564 people
Morgan Park: +499 people
Belmont Cragin: +495 people
Gage Park: +452 people
South Shore: +320 people
McKinley Park: +294 people
Forest Glen: +259 people
Armour Square: +124 people
Archer Heights: +123 people
Of these 33 areas, 21 of them are situated south of Roosevelt. Now looking on the flip side, all the CAs that lost population between 2010 and 2018 add up to -86,976 people, which were in 34 CAs. Of those, 12 areas alone account for just over 75% of all of the loss of those areas. It's obviously a huge problem in those areas, do not get me wrong. However, saying that only the central area is OK and nowhere else is doing OK is factually false. Obviously population isn't the end-all-be-all either, but this is just the starting point. A lot of parts of the city are actually growing, not just the center contrary to popular belief.