Real Estate Prices and Overview
W 63rd St / S Halsted St median real estate prices are $193,489, which is more expensive than 61.7% of the neighborhoods
in Illinois and 59.7% of the
neighborhoods in the U.S.
Average rental prices in W 63rd St / S Halsted St are currently
$680, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 76.4% of Illinois neighborhoods.
W 63rd St / S Halsted St is an urban neighborhood (based on population
density) located in Chicago, Illinois.
W 63rd St / S Halsted St 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 small apartment buildings.
Most of the residential real estate is renter occupied. Many of
the residences in the W 63rd St / S Halsted St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in
W 63rd St / S Halsted St. The current real estate vacancy rate here is 25.2%.
This is higher than the rate of vacancies in 90.9% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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 Chicago,
the W 63rd St / S Halsted St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Modes of Transportation
Our research revealed that more commuters here take the bus to work
(27.2% ride the bus) than 98.5% of all American
neighborhoods. If you like the idea of leaving your car and home and
hopping the bus to work, this might be a good neighborhood for you to
Notable & Unique: People
One of the unique characteristics of the W 63rd St / S Halsted St
neighborhood revealed by analysis is that the per capita income of
residents here is lower than that found in 96.9% of the neighborhoods
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have
the toughest job in the book. NeighborhoodScout's exclusive analysis reveals
that the W 63rd St / S Halsted St neighborhood has more single mother
households than 96.8% of the neighborhoods in the U.S.
Often high concentrations of single mother homes can be a strong indicator
of family and social issues such as poverty, high rates of school dropouts,
crime, and other societal problems.
Notable & Unique: Car Ownership
Most American households own a car or other vehicle. Many own two cars
or perhaps three. In the United States, it is useful to have an automobile
not only for commuting, but also for shopping and getting to other services
one needs. But NeighborhoodScout's analysis revealed that households in
the W 63rd St / S Halsted St neighborhood have a highly unusual car ownership.
23.1% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
95.3% of U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, renter-occupied real estate is dominant in the W 63rd St / S Halsted St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 88.1%, which is higher than 96.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
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 63rd St / S Halsted St neighborhood in Chicago are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 96.9% of U.S. neighborhoods.
With 54.5% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 93.1%
of U.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 W 63rd St / S Halsted St neighborhood, 35.4%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 23.6% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(22.0%), and 19.1% in executive, management, and professional 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 63rd St / S Halsted St neighborhood in Chicago, IL, residents
most commonly identify their ethnicity or ancestry as Sub-Saharan African
The Neighbors: Languages
The most common language spoken in the W 63rd St / S Halsted St
neighborhood is English, spoken by 97.9% of households.
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 63rd St / S Halsted St neighborhood spend
between 45 minutes and one hour commuting one-way to work (34.3% of working
residents), longer and tougher than most commutes in America.
Here most residents (53.6%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (27.2%) and 9.8% of residents also take the train for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.