Real Estate Prices and Overview
N Elston Ave / W North Ave median real estate prices are $372,863, which is more expensive than 92.5% of the neighborhoods
in Illinois and 85.3% of the
neighborhoods in the U.S.
Average rental prices in N Elston Ave / W North Ave are currently
$1,268, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.1%
of the neighborhoods in Illinois.
N Elston Ave / W North Ave is a suburban neighborhood (based on population
density) located in Chicago, Illinois.
N Elston Ave / W North Ave 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 N Elston Ave / W North Ave neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Real estate vacancies in N Elston Ave / W North Ave are 7.4%,
which is lower than one will find in 61.2% of American
neighborhoods. Demand for real estate in N Elston Ave / W North Ave
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
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: Diversity
Did you know that the N Elston Ave / W North Ave neighborhood has more
Lithuanian and Romanian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.9% of
this neighborhood's residents have Lithuanian ancestry and 1.5% have Romanian ancestry.
N Elston Ave / W North Ave is also pretty special linguistically. Significantly, 0.4% of its residents five years old and above primarily
speak Hebrew at home. While this may seem like a small percentage, it is higher
than 96.2% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
In the N Elston Ave / W North Ave neighborhood, 25.5% of people
ride the train to work each day. This is a very high percentage compared
to most places. In fact, NeighborhoodScout's analysis reveals that this
is a higher level of train ridership than in 97.2% of the
neighborhoods in America.
Also, in the N Elston Ave / W North Ave neighborhood, walking to work is a real
option for many. In fact, NeighborhoodScout's exclusive research reveals
walking to and from work is the chosen way to commute for 14.7%
of residents here. This is a higher proportion of walking commuters than
we found in 96.3% of American neighborhoods. Get ready
to put on your walking shoes if you move here!
Notable & Unique: People
The rate of college educated adults in the N Elston Ave / W North Ave neighborhood
is a unique characteristic of the neighborhood. 70.6% 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
96.9% of all U.S. neighborhoods.
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 N Elston Ave / W North Ave neighborhood in Chicago 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 94.3% of the neighborhoods in America.
With 31.3% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 74.9%
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 N Elston Ave / W North Ave neighborhood, 60.2%
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 20.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(11.2%), and 8.2% 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 N Elston Ave / W North Ave neighborhood in Chicago, IL, residents
most commonly identify their ethnicity or ancestry as Irish
(8.7%). There are also a number of people of Mexican ancestry (5.9%) , and residents who report Italian roots (5.4%) , and some of the residents are also of German ancestry (5.3%) , along with some Asian ancestry residents (5.1%), among others. In addition, 12.2% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the N Elston Ave / W North Ave
neighborhood is English, spoken by 85.5% of households. Some people also speak Spanish (5.7%).
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 N Elston Ave / W North Ave neighborhood spend
between 15 and 30 minutes commuting one-way to work (51.3% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (37.4%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (25.5%) and 14.7% of residents also hop out the door and walk to work 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.