Real Estate Prices and Overview
W Dundee Rd / N Wilke Rd median real estate prices are $231,882, which is more expensive than 72.5% of the neighborhoods
in Illinois and 67.9% of the
neighborhoods in the U.S.
Average rental prices in W Dundee Rd / N Wilke Rd are currently
$1,109, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.9%
of the neighborhoods in Illinois.
W Dundee Rd / N Wilke Rd is an urban neighborhood (based on population
density) located in Buffalo Grove, Illinois.
W Dundee Rd / N Wilke Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the W Dundee Rd / N Wilke 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 / N Wilke Rd, the current vacancy rate is 2.7%,
which is a lower rate of vacancies than 89.1% of all neighborhoods
in the U.S. This means that the housing supply in W Dundee Rd / N Wilke Rd
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Buffalo Grove,
the W Dundee Rd / N Wilke Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the W Dundee Rd / N Wilke Rd neighborhood has more
Russian and Lithuanian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 17.2% of
this neighborhood's residents have Russian ancestry and 2.9% have Lithuanian ancestry.
W Dundee Rd / N Wilke Rd is also pretty special linguistically. Significantly, 14.1% 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
Do you like to be surrounded by people from all over the country or world,
with different perspectives and life experiences? Or do you instead prefer
to be in a neighborhood where most residents have lived there for a long
time, creating a sense of cohesiveness? NeighborhoodScout's analysis
reveals that this neighborhood stands out among American neighborhoods
for the uniqueness of the mobility of its residents.
What is interesting to note, is that the W Dundee Rd / N Wilke Rd
neighborhood has a greater percentage of residents born in another country
(49.2%) than are found in 97.4% of all U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, most neighborhoods are composed of a mixture of ages of homes, but the W Dundee Rd / N Wilke Rd stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.6% of the residential real estate here was built in this one time period.
The Neighbors: Income
There are two complimentary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.
The neighbors in the W Dundee Rd / N Wilke 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 66.2% of the neighborhoods in America.
In addition, 1.0% 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 88.2%
of America's neighborhoods.
The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the W Dundee Rd / N Wilke Rd neighborhood, 45.0%
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 24.1% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(16.6%), and 14.3% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the W Dundee Rd / N Wilke Rd neighborhood in Buffalo Grove, IL, residents
most commonly identify their ethnicity or ancestry as Russian
(17.2%). There are also a number of people of Asian ancestry (14.8%) , and residents who report Polish roots (10.1%) , and some of the residents are also of Mexican ancestry (7.6%) , along with some German ancestry residents (5.0%), among others. In addition, 49.2% 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 / N Wilke Rd
neighborhood is English, spoken by 42.3% of households. Other important languages spoken here include Spanish, Russian, Polish and African languages.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your
day it takes to do so is a large quality of life and financial issue. Especially
with gasoline prices rising and expected to continue doing so, the length and
means of one's commute can be a financial burden. Some neighborhoods are physically
located so that many residents have to drive in their own car, others are set
up so many walk to work, or can take a train, bus, or bike.
The greatest number of commuters in W Dundee Rd / N Wilke Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (32.8% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (92.4%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.