Real Estate Prices and Overview
Horatio Gardens median real estate prices are $338,956, which is more expensive than 90.2% of the neighborhoods
in Illinois and 82.2% of the
neighborhoods in the U.S.
Average rental prices in Horatio Gardens are currently
$1,715, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.8%
of the neighborhoods in Illinois.
Horatio Gardens is a suburban neighborhood (based on population
density) located in Buffalo Grove, Illinois.
Horatio Gardens real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the Horatio Gardens neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Horatio Gardens, the current vacancy rate is 3.5%,
which is a lower rate of vacancies than 85.0% of all neighborhoods
in the U.S. This means that the housing supply in Horatio Gardens
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 Horatio Gardens neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the
Horatio Gardens neighborhood stands out as being ranked among
the lowest 0.1% of neighborhoods affected by this global
In addition, the rate of college educated adults in the Horatio Gardens neighborhood
is a unique characteristic of the neighborhood. 67.2% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
95.8% of all U.S. neighborhoods.
Also, if you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the Horatio Gardens
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 95.2% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the Horatio Gardens
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for highly educated executives and families with school-aged children.
Notable & Unique: Diversity
Did you know that the Horatio Gardens neighborhood has more
Russian and Ukrainian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 8.2% of
this neighborhood's residents have Russian ancestry and 3.3% have Ukrainian ancestry.
Horatio Gardens is also pretty special linguistically. Significantly, 13.4% 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: Real Estate
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Horatio Gardens 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, 81.7% of the residential real estate here was built in this one time period.
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 Horatio Gardens neighborhood in Buffalo Grove are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 94.6% of the neighborhoods in America.
In addition, 0.0% 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 99.9%
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 Horatio Gardens neighborhood, 55.8%
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 22.1% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(11.7%), and 10.1% 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 Horatio Gardens neighborhood in Buffalo Grove, IL, residents
most commonly identify their ethnicity or ancestry as Asian
(20.1%). There are also a number of people of Polish ancestry (8.8%) , and residents who report Russian roots (8.2%) , and some of the residents are also of German ancestry (8.2%) , along with some Mexican ancestry residents (3.4%), among others. In addition, 30.6% 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 Horatio Gardens
neighborhood is English, spoken by 60.9% of households. Other important languages spoken here include Russian, Korean, Spanish and South Asian 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 Horatio Gardens neighborhood spend
between 15 and 30 minutes commuting one-way to work (41.5% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.8%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (5.6%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.