Real Estate Prices and Overview
S Ashland Ave / W 76th St median real estate prices are $112,390, which is less expensive than 71.8% of Illinois neighborhoods
and 70.0% of all U.S. neighborhoods.
Average rental prices in S Ashland Ave / W 76th St are currently
$837, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 58.3% of Illinois neighborhoods.
S Ashland Ave / W 76th St is a densely urban neighborhood (based on population
density) located in Chicago, Illinois.
S Ashland Ave / W 76th 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 occupied by a mixture of owners and renters. Many of
the residences in the S Ashland Ave / W 76th St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
S Ashland Ave / W 76th St has a 12.5% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
64.8% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 S Ashland Ave / W 76th St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Occupations
There are more people living in the S Ashland Ave / W 76th St neighborhood
employed as sales and service workers (50.6%) than almost any neighborhood
in the country. From fast-food service workers to major sales accounts,
sales and service workers make up the largest proportion of our national
employment picture. But despite that size and importance nationally, this
neighborhood still stands out as unique due to the dominance of people
living here who work in such occupations.
Notable & Unique: Modes of Transportation
More people ride the bus in this neighborhood each day to get to work
than 98.6% of U.S. neighborhoods.
Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute
is an important factor for one's quality of life. The S Ashland Ave / W 76th St
neighborhood stands out for its commute length, according to NeighborhoodScout's
Long commutes can be brutal. They take time, money, and energy, leaving less
of you for yourself and your family. The residents of the
S Ashland Ave / W 76th St neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
12.1% of commuters here travel more than one hour just one-way
to work. That is more than two hours per day. This percentage with two-hour +
round-trip commutes is higher than NeighborhoodScout found in 98.6%
of all neighborhoods in America.
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 S Ashland Ave / W 76th St neighborhood have a highly unusual car ownership.
33.7% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
97.3% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the S Ashland Ave / W 76th St neighborhood has more
African ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.6% of
this neighborhood's residents have African ancestry.
S Ashland Ave / W 76th St is also pretty special linguistically. Significantly, 4.9% of its residents five years old and above primarily
speak African languages at home. While this may seem like a small percentage, it is higher
than 98.8% of the neighborhoods in America.
Notable & Unique: Real Estate
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the S Ashland Ave / W 76th St neighborhood is one of the most walkable neighborhoods in America.
In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 75.7% of the residential real estate in the S Ashland Ave / W 76th St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Notable & Unique: People
The S Ashland Ave / W 76th St neighborhood is unique for having just
5.2% of adults here having earned a bachelor's degree.
This is a lower rate of college graduates than NeighborhoodScout found
in 95.2% of America's neighborhoods.
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 S Ashland Ave / W 76th 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 92.6% of U.S. neighborhoods.
With 41.3% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 84.8%
of U.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 S Ashland Ave / W 76th St neighborhood, 49.4%
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
clerical, assistant, and tech support occupations, with 34.3% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(8.4%), and 7.9% in executive, management, and professional 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 S Ashland Ave / W 76th St neighborhood in Chicago, IL, residents
most commonly identify their ethnicity or ancestry as Sub-Saharan African
(3.6%). There are also a number of people of African ancestry (3.6%) , and residents who report Mexican roots (1.2%) .
The Neighbors: Languages
The most common language spoken in the S Ashland Ave / W 76th St
neighborhood is English, spoken by 95.1% of households. Some people also speak African languages (4.9%).
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 S Ashland Ave / W 76th St neighborhood spend
between 30 and 45 minutes commuting one-way to work (32.1% of working
residents), which is at or a bit above the average length of a commute across all U.S.
neighborhoods. However, there is also a significant group of residents (12.1%) who
commute over an hour in each direction.
Here most residents (60.1%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (27.3%) and 8.1% 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.