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In 2017, Lake View & Lincoln Park PUMA, IL had a population of 168k people with a median age of 30.7 and a median household income of $89,657. Between 2016 and 2017 the population of Lake View & Lincoln Park PUMA, IL grew from 167,136 to 168,180, a 0.625% increase and its median household income grew from $86,000 to $89,657, a 4.25% increase. The population of Lake View & Lincoln Park PUMA, IL is 79% White Alone, 7.59% Hispanic or Latino, and 6.6% Asian Alone. 14.6% of the people in Lake View & Lincoln Park PUMA, IL speak a non-English language, and 94% are U.S. citizens. The largest universities in Lake View & Lincoln Park PUMA, IL are Aveda Institute-Chicago (144 degrees awarded in 2016) and Steven Papageorge Hair Academy (30 degrees). The median property value in Lake View & Lincoln Park PUMA, IL is $439,500, and the homeownership rate is 39.7%. Most people in Lake View & Lincoln Park PUMA, IL commute by N/A, and the average commute time is 30.9 minutes. The average car ownership in Lake View & Lincoln Park PUMA, IL is N/A per household.
Movers Location Economy
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The economy of Lake View & Lincoln Park PUMA, IL employs 113k people. The largest industries in Lake View & Lincoln Park PUMA, IL are Management, scientific & technical consulting services (7,163 people), Hospitals (6,466 people), and Colleges, universities & professional schools, including junior colleges (5,978 people), and the highest paying industries are Wholesale electronic markets & agents & brokers ($234,807), Beverage manufacturing ($219,561), and Sugar & confectionery products ($219,386). Median household income in Lake View & Lincoln Park PUMA, IL is $89,657. Males in Lake View & Lincoln Park PUMA, IL have an average income that is 1.43 times higher than the average income of females, which is $79,275. The income inequality in Lake View & Lincoln Park PUMA, IL (measured using the Gini index) is 0.47, which is lower than than the national average.
Movers Location Housing
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The median property value in Lake View & Lincoln Park PUMA, IL was $439,500 in 2017, which is 2.02 times larger than the national average of $217,600. Between 2016 and 2017 the median property value increased from $420,500 to $439,500, a 4.52% increase. The homeownership rate in Lake View & Lincoln Park PUMA, IL is 39.7%, which is lower than the national average of 63.9%. People in Lake View & Lincoln Park PUMA, IL have an average commute time of 30.9 minutes, and they commute by N/A. Car ownership in Lake View & Lincoln Park PUMA, IL is approximately the same as the national average, with an average of N/A per household.
Movers Location Moving Tip
Choose the proper type of moving insurance Before choosing the level of coverage, you should be familiar with the different insurance plans offered by moving companies. There are usually four main types of moving insurance, but your options can vary depending on your moving company. Basic carrier liability is the lowest coverage you can purchase. All licensed movers will have basic carrier liability built in to their standard moving fee, it is the minimal amount of liability that must be provided to you free of charge by law when transporting your items. Basic carrier liability is known as the "released value" and is limited to $0.30 (intrastate) or $0.60 (interstate) per pound per article. Declared value protection is based on the depreciated value of that item. Your entire shipment is given a dollar amount (declared by the customer) with an additional charge of $1.25 times the overall weight. While you may have to pay a bit more money for this type of coverage, your belongings would be protected. Full replacement liability is the most inclusive type of insurance, and you'll receive full cash value for any belongings that are lost or damaged. This will be the most expensive option, but it is recommended for those who have many expensive items that need to be moved and want the most security. The mover is responsible for the first part of the coverage, up to $0.60 per pound per article. Anything above that amount is then covered through the insurance company to meet the replacement cost of your item. You will be responsible for a deductible amount in the case of loss or damage.