Census: Burr Ridge Bests State Rates on Income, Home Ownership, Employment
Not surprisingly, Burr Ridge compares very well to state averages according to the latest U.S. Census numbers released last week.
The U.S. Census Bureau on Thursday released estimates from its American Community Survey, which provides local statistics for the combined years from 2007 to 2011 on everything from housing to employment to marital status in communities throughout the country.
The numbers look good for Burr Ridge. The village has an estimated median household income of $132,045, more than double the state average of $56,576.
Burr Ridge's homeownership rate is 95.8 percent, compared to the Illinois average of 68.7 percent. The median value of owner-occupied units in Burr Ridge is $679,400, dwarfing the state's median of $198,500.
On the employment front, of Burr Ridge's nearly 10,624 residents, 8,536 are ages 16 and older. Nearly 5,200 people make up the village's labor force, according to the data, and 4,956 of those individuals are employed. Only 217 reported being unemployed.
More than 3,363 Burr Ridge residents, or about 39.4 percent of those age 16 and over, stated they are not in the labor force.
The five-year estimates are based on interviews with almost two million housing units nationwide from 2007 through 2011. By pooling several years of survey responses, the American Community Survey generates detailed statistical portraits for small areas. The groupings of five-year estimates are released annually.
“By telling the story of our towns and neighborhoods, the American Community Survey helps planners locate schools and firehouses,” said Thomas Mesenbourg, the Census Bureau’s acting director. “Thanks to the cooperation of the public, the Census Bureau produces reliable, quality statistical information for even small communities in the U.S. That’s why it’s so important for households that are selected to participate in the ACS to respond.”
American Community Survey Data can be found on the Census Bureau's QuickFacts site, and browsers can also use “Easy Stats,” a tool that allows users to build their own tables by selecting a desired topic and geography. Early next year, the Census Bureau will release “Dwellr,” a mobile app designed to put Census Bureau statistics directly in the hands of new users in an engaging way.
Here's what the American Community Survey has to say about Burr Ridge when it comes to home ownership and income:
|Housing units in multi-unit structures, percent, 2007-2011||11.9%||32.9%|
|Median value of owner-occupied housing units, 2007-2011||$679,400||$198,500|
|Persons per household, 2007-2011||2.70||2.62|
|Per capita money income in the past 12 months (2011 dollars), 2007-2011||$81,192||$29,376|
|Median household income, 2007-2011||$132,045||$56,576|
|Persons below poverty level, percent, 2007-2011||3.2%||13.1%