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
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
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 Halsted St / W 77th St neighborhood have a highly unusual 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, 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, 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.