Real Estate Prices and Overview
Horatio Gardens median real estate prices are $338,956, which is more expensive than 90.1% of the neighborhoods
in Illinois and 82.3% 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 96.5%
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
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: People
Of note is NeighborhoodScout's research finding that the
Horatio Gardens neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
Horatio Gardens community truly stands out from the rest in this regard.
In addition, do you like to read, write, and learn? Are you curious about the world? If
so, this neighborhood may be a good fit for you. NeighborhoodScout's research
revealed that a full 67.2% of the adults living in the
Horatio Gardens neighborhood have earned at least a bachelor's
degree. This is a higher rate than NeighborhoodScout found in 95.8%
of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, think about the people you know personally. How many of them would
purchase box seats to opening night at the symphony? How many of them
regularly attend gallery openings, or are the first to reserve tickets
to opening night at the ballet? If they're like most of us, they don't
do any of these things. But if you're among an exclusive crowd of wealthy
and refined patrons of the arts, then you'll feel right at home in
the Horatio Gardens neighborhood: a neighborhood in which more
"urban sophisticates" live than 95.2% of neighborhoods
across the U.S. Here, your neighbors are defined as having urbane
tastes in literature, music, live theatre and the arts. They are wealthy,
educated, travel in style, and live a big city lifestyle whether or
not they live in or near a big city.
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
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 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
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
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
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
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.