Found within zip codes: 60621
Popular real estate near Chicago, IL (S Halsted St / W 56th St)
S Halsted St / W 56th St median real estate prices are $90,310, which is less expensive than 82.1% of Illinois neighborhoods and 80.5% of all U.S. neighborhoods.
Average rental prices in S Halsted St / W 56th St are currently $766, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 40.4% of Illinois neighborhoods.
S Halsted St / W 56th St is an urban neighborhood (based on population density) located in Chicago, Illinois.
S Halsted St / W 56th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the S Halsted St / W 56th 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.
Vacant apartments or homes are a major fact of life in S Halsted St / W 56th St. The current real estate vacancy rate here is 32.4%. This is higher than the rate of vacancies in 95.3% 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
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: Length of Commute
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. 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 Halsted St / W 56th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.3% 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 99.3% of all neighborhoods in America.Notable & Unique: Modes of Transportation
Our research revealed that more commuters here take the bus to work (31.3% ride the bus) than 99.1% 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 consider.Notable & Unique: People
The S Halsted St / W 56th St neighborhood stands out for having an average per capita income lower than 95.9% of the neighborhoods in the United States. Also of note, 69.8% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, the S Halsted St / W 56th St neighborhood is unique for having just 2.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.2% of America's neighborhoods.
Also, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the S Halsted St / W 56th St neighborhood has more single mother households than 98.1% 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: Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the S Halsted St / W 56th St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.3% of all American neighborhoods.Notable & Unique: Real Estate
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the S Halsted St / W 56th St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 68.8% of the real estate here is made up of such dwellings, which is higher than 99.6% of all U.S. neighborhoods.
Furthermore, despite all of the residential real estate here in the S Halsted St / W 56th St neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 32.4%, which is higher than 95.3% of all U.S. neighborhoods.The Neighbors 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 S Halsted St / W 56th 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 95.9% of U.S. neighborhoods. With 69.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.3% of U.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 S Halsted St / W 56th St neighborhood, 43.0% 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 21.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.6%), and 14.9% in executive, management, and professional 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 S Halsted St / W 56th St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (2.6%). There are also a number of people of African ancestry (2.6%) , and residents who report Puerto Rican roots (1.3%) .The Neighbors: Languages
The most common language spoken in the S Halsted St / W 56th St neighborhood is English, spoken by 99.0% of households.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 Halsted St / W 56th St neighborhood spend between 30 and 45 minutes commuting one-way to work (36.4% 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 (15.3%) who commute over an hour in each direction.
Here most residents (55.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (31.3%) and 10.6% of residents also carpool with coworkers, friends, or neighbors 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.
|MEDIAN HOUSE VALUE||$90,310|
HOUSE VALUE RANGE
|RENTAL PRICE||Medium cost relative to IL, medium cost relative to the nation|
|NEIGHBORHOOD LOOK, FEEL, & CHARACTER||DETAILS|
|THE SETTING||Urban (based on population density)|
|TYPE OF HOMES / DWELLINGS||Mostly Small apartment buildings, some Single-family homes and a few Complexes/high rise apartments|
|SIZE OF HOMES / DWELLINGS||Mostly Medium-sized dwellings (3 or 4 bedrooms), some Small dwellings (1, 2, or no bedrooms) and a few Large dwellings (4 or 5 bedrooms)|
|AGE OF HOMES / DWELLINGS||Mostly Historic homes (Built 1939 or earlier), some Well established older homes (Built 1940 - 1969) and some Established but not old (Built 1970 – 1999)|
|SPECIAL CHARACTER||Mostly Walkable and Hip & Trendy|
|AGE & LIFESTYLE||Mostly Mixed ages, some Young singles-upwardly mobile (young, educated, professionally employed, and single), some Seniors (people 65 and over) and some Families with children (family households with school-aged children)|
|EDUCATION LEVEL||Rating: 1 (5 is average for the U.S., 10 is most educated)|
|INCOME||Low income (among the 15% lowest income communities in America)|
|OCCUPATIONS||Mostly Sales & Service workers, some Clerical, assistants & technical support, some Manufacturing & Laborers and some Executive, managerial & professional|
|ETHNICITY / ANCESTRY||Mostly Black, some Hispanic and some Puerto Rican|
|LANGUAGES||Mostly English speaking|
|SCHOOLS IN THIS NEIGHBORHOOD *||GRADES|
HOLMES ELEM SCHOOL
955 WEST GARFIELD BLVD, CHICAGO, IL 60621
HOPE COLLEGE PREP HIGH SCHOOL
5515 SOUTH LOWE AVE, CHICAGO, IL 60621
* Depending on where you live in this neighborhood, your children may attend these schools or other schools outside the neighborhood. Always check with your local school department to determine which schools your children may attend based on your specific address and your child's grade-level.
This neighborhood is served by one 1 district.
405,644 Students enrolled in District
READING & MATH
|ETHNIC/RACIAL GROUPS||THIS DISTRICT||THIS STATE|
|WHITE (NON-HISPANIC) (%)||9.1||51.3|
|ASIAN OR PACIFIC ISLANDER (%)||3.6||4.1|
|AMERICAN INDIAN OR NATIVE OF ALASKA (%)||0.2||0.3|
|ECONOMIC GROUPS||THIS DISTRICT||THIS STATE|
|ECONOMICALLY DISADVANTAGED (%)||75.3||44.1|
|FOR THIS DISTRICT||PER STUDENT||TOTAL||% OF TOTAL|
|NEIGHBORHOOD EDUCATIONAL ENVIRONMENT|
|ADULTS IN NEIGHBORHOOD WITH COLLEGE DEGREE OR HIGHER (%)||2.4|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||69.8|
|PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO IL*||COMPARED TO AMERICA*|
|LAST 10 YEARS|
|LAST 5 YEARS|
|LAST 2 YEARS|
|LAST 12 MONTHS|
|* 10 is highest|
S Halsted St / W 56th St neighborhood appreciation rates are for subscribers only. Chicago, IL appreciation rates (city-wide averages) are open to all visitors.
National Median 3.9
My chances of becoming a victim
in S Halsted St / W 56th St SUBSCRIBE FOR DETAIL
in Chicago 1 in 99
in Illinois 1 in 241
National Median 28.6
My chances of becoming a victim
in S Halsted St / W 56th St SUBSCRIBE FOR DETAIL
in Chicago 1 in 24
in Illinois 1 in 39
S Halsted St / W 56th St neighborhood Crime data are subscription only. Chicago, IL crime rates (city-wide averages) are open to all visitors.
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