Chicago - The Windy City

Chicago City is one of the most famous cities in the Midwest and in the world. The City of Chicago has the biggest population in the state of Illinois.

The City of Chicago is the hub of commercial activity in the region of Chicago. Because of the rich history of this city, Chicago has been dubbed (off the record) as the second city of the United States. The City of Chicago, with sprawling skyscrapers and busy downtown district, holds record for the third biggest population in the United States, after New York and Los Angeles. Based on data provided, the city population is estimated at three million. The metropolitan Chicago has an estimated population of 9.7 million. The City, because of its progress, has been named as one of the top 25 biggest urban areas in the world, in terms of population. The City of Chicago has also been an A-grade city worldwide.

The City of Chicago is also known by other names, such as “The Windy City” and “The City of Broad Shoulders.” Chicago is a port city serving the cities around the Great Lakes region. Commerce booms in the City of Chicago. The City serves as the financial center for the Midwest. The City of Chicago lures around forty-four million visitors every year.

The City of Chicago has a diverse economy. The industries where the city focuses on are based on manufacture, print, publications, money market, insurance, and food manufacturing. The City of Chicago is still considered the capital of candy manufacturing. The city is also known for its distribution industry which is why many of the national publications are based in the City of Chicago. When it comes to the publishing business, Chicago ranks second in the nationwide standing, next to New York.

Long Term Care in Chicago City
The cost of long term care in the state of Illinois has increased by twenty-six percent, according to an annual Cost of Care Survey conducted by Genworth Financial. In comparison to the nationwide increase of seventeen percent, Chicago City is closely following behind. Based on the study that disclosed the increase of long term care—nursing homes, assisted living facilities, and assistance in the home—have increased in areas in Illinois; Chicago City, being one of them. The cost of nursing home care in Chicago City rose to thirty percent and is estimated at $72,567 per year. In comparison to the national standpoint, the national average for a private home care is $36,090. The cost of care in Chicago City is higher than the national set up. In fact, a private one-bedroom unit in Chicago City is more expensive by roughly twenty thousand dollars in comparison to such a unit in areas across the nation.

Housing Market in Chicago City
Chicago City is a progressive city. Its trading market is in a high and the population is estimated at three million, out of which there are three million estimated housing units throughout the area. As of 2000, the median year structure built was 1962, while total housing units are around three million. The vacancy rate in this city is at 5.1 percent while the home ownership rate is only at 64.6 percent. The median value for specific owner-occupied housing units is only at $277,900 while the median gross rent of specific renter-occupied unit bats at $669. The median for housing units is higher as it was priced at $ 132,400 in 2000. Chicago City is a progressive city in the West; however not without unemployment problems. Home sales have peaked in the first quarter of this year in Chicago, making about 34,000 home sales in just one quarter. Recent data show that the Chicago housing market has gone lower; selling about 33,000 homes in the second quarter of this year. A few years ago, the housing market in Chicago started to feel the housing market crisis when home prices went up dramatically. However, the City of Chicago is slowly waning, with the price sales being low in comparison to the other cities in the country.

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