Real Estate Prices and Overview
W Dundee Rd / S Buffalo Grove Rd median real estate prices are $198,794, which is more expensive than 63.1% of the neighborhoods
in Illinois and 60.8% of the
neighborhoods in the U.S.
Average rental prices in W Dundee Rd / S Buffalo Grove Rd are currently
$947, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 42.6% of Illinois neighborhoods.
W Dundee Rd / S Buffalo Grove Rd is an urban neighborhood (based on population
density) located in Buffalo Grove, Illinois.
W Dundee Rd / S Buffalo Grove Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the W Dundee Rd / S Buffalo Grove Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In W Dundee Rd / S Buffalo Grove Rd, the current vacancy rate is 0.0%,
which is a lower rate of vacancies than 100.0% of all neighborhoods
in the U.S. This means that the housing supply in W Dundee Rd / S Buffalo Grove Rd
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: Diversity
Did you know that the W Dundee Rd / S Buffalo Grove Rd neighborhood has more
Russian and Czechoslovakian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 13.1% of
this neighborhood's residents have Russian ancestry and 1.6% have Czechoslovakian ancestry.
W Dundee Rd / S Buffalo Grove Rd is also pretty special linguistically. Significantly, 13.9% of its residents five years old and above primarily
speak Russian at home. While this may seem like a small percentage, it is higher
than 99.8% of the neighborhoods in America.
Notable & Unique: Migration/Stability
Some neighborhoods have more internal cohesiveness than others. While other
neighborhoods feel like a collection of strangers who just happen to live
near each other. Sometimes this comes down to not only the personalities
of the people in a place, but how long people have been together in that
neighborhood. NeighborhoodScout's research has revealed some interesting
things about the rootedness of people in the W Dundee Rd / S Buffalo Grove Rd
More residents of the W Dundee Rd / S Buffalo Grove Rd neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 96.7% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the W Dundee Rd / S Buffalo Grove Rd neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low
income is very formative with regard to the personality and character of a
neighborhood. Equally important is the rate of people, particularly children,
who live below the federal poverty line. In some wealthy gated communities,
the areas immediately surrounding can have high rates of childhood poverty,
which indicates other social issues. NeighborhoodScout's analysis reveals
both aspects of income and poverty for this neighborhood.
The neighbors in the W Dundee Rd / S Buffalo Grove Rd neighborhood in Buffalo Grove are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 83.2% of the neighborhoods in America.
In addition, 4.7% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 76.6%
of America's neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the W Dundee Rd / S Buffalo Grove Rd neighborhood, 52.6%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 20.9% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(13.9%), and 12.7% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the W Dundee Rd / S Buffalo Grove Rd neighborhood in Buffalo Grove, IL, residents
most commonly identify their ethnicity or ancestry as Russian
(13.1%). There are also a number of people of German ancestry (10.6%) , and residents who report Italian roots (9.2%) , and some of the residents are also of Polish ancestry (8.2%) , along with some Asian ancestry residents (6.7%), among others. In addition, 23.9% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the W Dundee Rd / S Buffalo Grove Rd
neighborhood is English, spoken by 65.8% of households. Other important languages spoken here include Russian, Spanish, Polish and Vietnamese.
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in W Dundee Rd / S Buffalo Grove Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (44.3% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (91.0%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (5.2%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.