![]() ![]() It also makes the government in Highland Park look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong. Lower levels of unemployment is generally seen as a positive sign for the economy. The unemployment rate is a very important statistic for Highland Park because it can show how many people are actively looking for work and how many people are unable to find a job. The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The chart below breaks down the population and percentage for each race and ethnicity in Highland Park, Illinois. Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas. The race and ethnicity of the population in Highland Park can be very important for social research, economics, and marketing to a multi-culturial society. ![]() The total population in Highland Park is currently 30,245 people. ![]() Population in Highland Park by Race and Ethnicity The per capita income in Highland Park, Illinois is $93,309.00. It differs from the average or mean household income because it includes all people in Highland Park and not just the people who earn an income (i.e. This is calculated by dividing the total income of all people in Highland Park by the total number of people in Highland Park. The per capita income is the average income of all people in Highland Park, Illinois. You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Highland Park, Illinois easier to view. The chart below shows the household income brackets to see which age groups have the highest median income. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households. We can also look at the household income tiers. The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.īoth metrics are important when looking at the income statistics for Highland Park but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high. The difference between a median and an average income ![]()
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