Real Estate Prices and Overview
S Halsted St / W 77th St median real estate prices are $143,049, which is more expensive than 41.3% of the neighborhoods
in Illinois and 42.9% of the
neighborhoods in the U.S.
Average rental prices in S Halsted St / W 77th St are currently
$792, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 63.9% of Illinois neighborhoods.
S Halsted St / W 77th St is a densely urban neighborhood (based on population
density) located in Chicago, Illinois.
S Halsted St / W 77th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments.
Most of the residential real estate is renter occupied. Many of
the residences in the S Halsted St / W 77th 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 77th St. The current real estate vacancy rate here is 19.8%.
This is higher than the rate of vacancies in 84.3% 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
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Modes of Transportation
More people ride the bus in this neighborhood each day to get to work
than 99.9% of U.S. neighborhoods.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the S Halsted St / W 77th St neighborhood has
a highly unusual pattern of car ownership.
60.2% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.1% of U.S. neighborhoods.
Notable & Unique: People
One of the unique characteristics of the S Halsted St / W 77th St
neighborhood revealed by analysis is that the per capita income of
residents here is lower than that found in 97.9% of the neighborhoods
In addition, the S Halsted St / W 77th St neighborhood is unique for having just
3.5% of adults here having earned a bachelor's degree.
This is a lower rate of college graduates than NeighborhoodScout found
in 97.4% of America's neighborhoods.
Also, the types of households in a neighborhood can tell a lot about the character
and lifestyle of those living here. NeighborhoodScout's exclusive analysis
reveals that this neighborhood, above nearly every neighborhood in America,
has a greater percentage of its residents living alone: 46.7%. This
is a higher percent living alone than we found in 96.4% of
all U.S. neighborhoods. Often residents who live alone are new arrivals
to an area who are single, and often senior citizens who have lost a spouse.
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 Halsted St / W 77th 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 Halsted St / W 77th St neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
10.1% 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 97.4%
of all 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 Halsted St / W 77th St neighborhood is one of the most walkable neighborhoods in America.
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 77th 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 48.3% of the real estate here is made up of such dwellings, which is higher than 97.7% of all U.S. neighborhoods.
Furthermore, 82.8% of the real estate in the S Halsted St / W 77th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood 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 S Halsted St / W 77th 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 97.9% of U.S. neighborhoods.
With 47.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 89.5%
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 S Halsted St / W 77th St neighborhood, 29.7%
of the working population is employed in manufacturing and laborer 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 28.9% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(24.9%), and 16.4% 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 Halsted St / W 77th St neighborhood in Chicago, IL, residents
most commonly identify their ethnicity or ancestry as Mexican
The Neighbors: Languages
The most common language spoken in the S Halsted St / W 77th St
neighborhood is English, spoken by 95.3% of households. Some people also speak Spanish (4.7%).
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 S Halsted St / W 77th St neighborhood spend
between 45 minutes and one hour commuting one-way to work (63.0% of working
residents), longer and tougher than most commutes in America.
Here most residents (62.7%) ride the bus to get to work.
In addition, quite a number also drive alone in a private automobile to get to work (23.4%) and 5.7% of residents also take the train for their daily commute. The bus provides a valuable service in the S Halsted St / W 77th St neighborhood of
Chicago by getting a lot of residents to and from work daily, reducing
the costs of commuting and reducing some congestion on the roads as well.