Real Estate Prices and Overview
S Halsted St / W 77th St median real estate prices are $143,049, which is more expensive than 41.5% of the neighborhoods
in Illinois and 43.0% of the
neighborhoods in the U.S.
Average rental prices in S Halsted St / W 77th St are currently
$628, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 68.2% 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
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 Halsted St / W 77th 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
(62.7% ride the bus) than 99.9% 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: 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
The S Halsted St / W 77th St neighborhood stands out for having an
average per capita income lower than 97.9% of the neighborhoods
in the United States.
In addition, neighborhoodScout's exclusive research revealed that 96.5%
of the adult residents in the S Halsted St / W 77th St neighborhood do
not have a 4-year college degree, which is a lower rate of college graduated
adults than found in 97.4% of the neighborhoods in America.
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
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 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, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The S Halsted St / W 77th St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 48.3% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.7% of America's neighborhoods.
Furthermore, renter-occupied real estate is dominant in the S Halsted St / W 77th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 82.8%, which is higher than 95.0% 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 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
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 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.