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Moving to Merchandise Mart, IL

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Everything You Should Know Before Moving to Merchandise Mart, IL

Considering a move to Merchandise Mart, IL? This welcoming community of Not applicable (part of Chicago, which has ~2,700,000 residents) residents offers a blend of suburban charm and convenience, with median home prices around $320,000 and average rents near $2,150. Commute times average 36 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (53% annually), ideal for families and commuters alike. Explore Merchandise Mart's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Merchandise Mart, IL

Merchandise Mart has a population of Not applicable (part of Chicago, which has ~2,700,000 residents) residents, offering a diverse community with a median age of nearly 35 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 32% White, 29% Black, and 7% Asian residents, and over 36% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
Not applicable (part of Chicago, which has ~2,700,000 residents)
Density
Chicago: 11,900 per sq mi
Median Age
35.2
Gender Ratio
95 males per 100 females
Non-English Speakers Percentage
35.5%

Ethnic Composition

White
32.4%
Black
28.7%
Asian
6.9%
Others
32.0%

Cost Of Living

What is the average cost of living in Merchandise Mart, IL?

The cost of living in Merchandise Mart is higher than the national average, with a cost of living index of 123.1. Median home values are around $320,000 (Chicago city median) and average rents for a two-bedroom apartment are approximately $2,150 (Downtown/Loop estimate). Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$320,000 (Chicago city median)
Gross Rent
$2,150 (Downtown/Loop estimate)
Monthly Electricity Charges
$110
Auto Insurance
$2,150
House Owner Cost With Mortgage
$2,200
House Owner Cost Without Mortgage
$800
State Taxes
Low: 4.95%| High: 4.95% (flat income tax)
Cost Of Living Index
123.1
Grocery
102.5
Housing
133.4
Utilities
98.3
Transportation
130.8
Health Care
108.4
Miscellaneous
107.0

Crime

Is Merchandise Mart, IL a safe place to live?

Merchandise Mart is considered a safe community, with a low violent crime rate of 910 (Chicago city avg) incidents per 100,000 residents and a property crime chance of 1 in 31. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Illinois.

Violent Crimes Per 100k
910 (Chicago city avg)
Property Crimes Per 100k
3,200
Crime Index
4,110
Chance Of Violent Crime
1 in 110
Chance Of Property Crime
1 in 31

Weather

What is the weather like in Merchandise Mart, IL year-round?

Merchandise Mart experiences four distinct seasons, with warm summers reaching highs of 85°F and cold winters dipping to 18°F. The area receives about 39 inches of rainfall annually and enjoys sunshine on 53% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
18°F
Max
34°F

Summer

Min
66°F
Max
85°F

Spring

Min
38°F
Max
63°F

Fall

Min
45°F
Max
68°F
Average Rainfall Inches
38.5 inches
Sunny Days Percentage
53%

Neighbors

The neighborhood boasts a healthy median household income of $65,000 (Chicago median) and a low poverty rate of 17.2%. Over 85% of residents have at least a high school diploma, and nearly 42% hold a bachelor's degree or higher. Commute times average 36 minutes, and almost 27% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$36,000 (Loop/downtown estimate)
Household Income
$65,000 (Chicago median)
Family Income
$80,000
Per Capita Income
$44,000
Income Male
$48,000
Income Female
$42,000
Poverty Rate
17.2%
Non English Speakers
35.5%
Rent
$2,150
Unemployment Rate
5.5%
Public Transport Usage
27.0%
Commute Time
36.1 minutes

Education

High School or Higher
85.1%
Bachelors or More
41.5%

Education

How are the schools in Merchandise Mart, IL?

Merchandise Mart offers quality education options, with public schools like Ogden International School of Chicago and Skinner North Classical School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Illinois Institute of Technology and DePaul University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Ogden International School of Chicago
Street
24 W Walton St
Phone
773-534-0866
Students
1,400
Student Teacher Ratio
15.0
Name
Skinner North Classical School
Street
640 W Scott St
Phone
773-534-8500
Students
520
Student Teacher Ratio
16.0

Private Schools

Name
Francis W. Parker School
Street
330 W Webster Ave
Phone
773-353-3000
Students
940

Colleges

Name
Illinois Institute of Technology
City
Chicago
State
IL
Distance
3.5 miles
Students
6,500
Name
DePaul University
City
Chicago
State
IL
Distance
2.0 miles
Students
22,400

Healthcare

Merchandise Mart residents have access to quality healthcare, with major hospitals like Northwestern Memorial Hospital and Rush University Medical Center nearby. The community benefits from a high physician-to-resident ratio of 3.1 per 1,000 people and 91.5% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Northwestern Memorial Hospital
Address
251 E Huron St, Chicago, IL 60611
Phone
(312) 926-2000
Type
General & Surgical
Emergency Services
Yes
Name
Rush University Medical Center
Address
1653 W Congress Pkwy, Chicago, IL 60612
Phone
(312) 942-5000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
3.1
Health Insurance Coverage
91.5%
Health Care Index
69.8

Housing Market

What is the housing market like in Merchandise Mart, IL?

The local housing market is strong, with a median home price of $320,000 and an owner-occupied rate of nearly 44%. The market has seen a 2.2% appreciation over the past year, and rental vacancy rates remain moderate at 10.0%. Merchandise Mart offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$320,000
Average Rent For 2 Bedroom
$2,150
Owner Occupied Rate
44.3%
Rental Vacancy Rate
10.0%
Home Appreciation Rate (1yr)
2.2%
New Construction Rate
1.1%
Foreclosure Rate
0.9%

DMV Information

Residents of Merchandise Mart handle vehicle services through the Illinois Secretary of State - Driver Services, conveniently located in Chicago. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Illinois
Department
Illinois Secretary of State - Driver Services
Address
Secretary of State Facility, 100 W Randolph St, Chicago, IL 60601
Phone
1-800-252-8980

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Merchandise Mart, IL

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Merchandise Mart, review the core fields on this page: population Not applicable (part of Chicago, which has ~2,700,000 residents), median home value $320,000 (Chicago city median), average rent for 2 bedroom $2,150, commute time 36.1 minutes, and sunny days percentage 53%.

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