Real Estate Prices and Overview
W Lake Cook Rd / Raupp Blvd median real estate prices are $258,945, which is more expensive than 78.5% of the neighborhoods
in Illinois and 72.5% of the
neighborhoods in the U.S.
Average rental prices in W Lake Cook Rd / Raupp Blvd are currently
$1,188, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.8%
of the neighborhoods in Illinois.
W Lake Cook Rd / Raupp Blvd is an urban neighborhood (based on population
density) located in Buffalo Grove, Illinois.
W Lake Cook Rd / Raupp Blvd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is owner occupied. Many of
the residences in the W Lake Cook Rd / Raupp Blvd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in W Lake Cook Rd / Raupp Blvd are 4.5%,
which is lower than one will find in 79.5% of American
neighborhoods. Demand for real estate in W Lake Cook Rd / Raupp Blvd
is above average for the U.S., and may signal some demand for either
price increases or new construction of residential product for this neighborhood.
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 Lake Cook Rd / Raupp Blvd 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 Lake Cook Rd / Raupp Blvd neighborhood has more
Russian and Polish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.9% of
this neighborhood's residents have Russian ancestry and 10.7% have Polish ancestry.
W Lake Cook Rd / Raupp Blvd is also pretty special linguistically. Significantly, 7.1% of its residents five years old and above primarily
speak Polish at home. While this may seem like a small percentage, it is higher
than 99.6% of the neighborhoods in America.
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 Lake Cook Rd / Raupp Blvd 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 89.4% of the neighborhoods in America.
In addition, 3.2% 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 81.1%
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 Lake Cook Rd / Raupp Blvd neighborhood, 53.4%
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 22.7% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(12.0%), and 11.9% 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 Lake Cook Rd / Raupp Blvd neighborhood in Buffalo Grove, IL, residents
most commonly identify their ethnicity or ancestry as German
(18.0%). There are also a number of people of Polish ancestry (10.7%) , and residents who report Irish roots (8.5%) , and some of the residents are also of Italian ancestry (8.3%) , along with some Asian ancestry residents (6.8%), among others. In addition, 17.1% 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 Lake Cook Rd / Raupp Blvd
neighborhood is English, spoken by 75.6% of households. Other important languages spoken here include Polish, Spanish and Korean.
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 Lake Cook Rd / Raupp Blvd neighborhood spend
between 15 and 30 minutes commuting one-way to work (35.2% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (91.8%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.