$8.17 billion total retail sales in a five-mile radius of central SkokieRanked seventh Among the Top 20 Chicagoland Suburbs in Retail Sales (Melaniphy & Associates 2017 Retail Sales Report)Ranked sixth in
Top 23 Chicagoland Core Mall Markets (Westfield Old Orchard)
Retail Sales Growth
(Melaniphy & Associates 2017 Retail Sales Report)Village of Skokie landed in the “Top Ten” Chicagoland suburbs for total retail sales for the fifth consecutive year, according to the 2017 Melaniphy & Associates Report.Key Skokie Indicators – 2017 and 2022 Projections20172022
Demographics
Population65,485 66,196
Households23,895 24,032
Average household size2.74 2.74
Median age43.7 44.2
Financial
Median household income$76,916 $83,881
Per capita income$37,404 $41,596
Median home value$332,548 $371,282
Average household income$102,549 $114,315Ranked 12th in Top 50 Suburbs for Education in America
(Movoto Real Estate, 2014)$34.2 million construction value of permits issued (commercial, residential, institutional, restaurant and industrial/other)21,812 businesses within a five-mile radius of central
Skokie
Leading municipality in Illinois for economic developmentqOver 170,000 cars and trucks pass through or stop in Skokie each day on the Edens Expressway249,771 workers within a five-mile radius of central Skokie522,322 people living within a five-mile radius of central
Skokie Ranked seventh in Highest Median Income of Top 20 Wealthiest Midwest Communities in U.S.(> 65,000 pop.) (Nerdwallet.com‐2016)First U.S. community to have nationally accredited Fire, Police, and Public Works Departments
Source: Semi-Annual Economic Development Report/Vol. V; Village of Skokie Economic Development Commission Targeted Economic Development Strategy & Action Agenda