Residential Mobility and Neighborhood Characteristics in Chicago

According to census data, the city added about 50,000 residents between 2010 and 2020, but patterns differed considerably by neighborhood type. Data and methods The primary innovation of this analysis is our use of the panel structure of the Federal Reserve Bank of New York's Consumer Credit Panel/Equifax data (CCP). In addition to information on an individual's credit history, the data set captures a person's residential history on a quarterly basis and includes an "address" flag that allows us to identify moves even within a given census block.1 In our analysis, we include individuals who move within the city, individuals who live outside of Chicago and move to the city, and individuals who leave Chicago for the suburbs or more distant locations. To make our conclusions more robust to measurement error, which might occur due to the data's varying coverage rates, sampling noise, and possibly inexact or delayed address identification,3 we reference geographic areas that include multiple census tracts.