You might be wondering what the population & steets are in Loop City, Chicago. The city is home to a multitude of diverse communities, with a high proportion of ethnic minorities. Although Chicago has a low unemployment rate, it is the second-poorest city in the country, with a population of nearly 200,000. The city's high unemployment rate is attributed in part to the fact that the Loop is a poorer neighborhood than other areas in Chicago.
The South Loop experienced its first heyday in the late 1800s. The city's industrial economy drew people from all over to downtown Chicago. In the 1870s, steel mills started popping up, providing jobs and feeding the city's rapidly growing transportation system. This demand for labor and goods required an increasing number of immigrants to help build the steel industry. Immigrants from Italy and Germany were drawn to the city to work in these tough jobs.
While the South Loop does not have official boundaries, the area is still home to various arts and culture organizations. In fact, the south Loop's population is almost 100,000, with fifty percent of the population being single. More than 80 percent of residents are college graduates, and a third of these individuals live in a single-family home. Despite the urbanization of the Loop, the area is a great place for families and entrepreneurs. Increasing population has led to a development race in the South Loop, which aims to keep the neighborhoods close to each other.