Real Estate Prices and Overview
S Kedzie Ave / W 55th St median real estate prices are $161,121, which is more expensive than 49.7% of the neighborhoods
in Illinois and 50.2% of the
neighborhoods in the U.S.
Average rental prices in S Kedzie Ave / W 55th St are currently
$864, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 54.5% of Illinois neighborhoods.
S Kedzie Ave / W 55th St is a densely urban neighborhood (based on population
density) located in Chicago, Illinois.
S Kedzie Ave / W 55th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes 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 S Kedzie Ave / W 55th 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.
Real estate vacancies in S Kedzie Ave / W 55th St are 5.3%,
which is lower than one will find in 74.8% of American
neighborhoods. Demand for real estate in S Kedzie Ave / W 55th St
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
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: Diversity
Did you know that the S Kedzie Ave / W 55th St neighborhood has more
Mexican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 84.1% of
this neighborhood's residents have Mexican ancestry.
S Kedzie Ave / W 55th St is also pretty special linguistically. Significantly, 85.9% of its residents five years old and above primarily
speak Spanish at home. This is a higher percentage than 97.9% of all U.S. neighborhoods.
Notable & Unique: Modes of Transportation
In the S Kedzie Ave / W 55th St neighborhood, carpooling is still a popular
way to get to and from work. NeighborhoodScout's analysis reveals that
30.8% of commuters carpool here, which is more than in
99.3% of all U.S. neighborhoods.
Notable & Unique: Occupations
NeighborhoodScout's exclusive research identifies the S Kedzie Ave / W 55th St
neighborhood as having one of the highest concentrations of people employed
in manufacturing or as laborers of any neighborhood in America. In fact,
despite the loss of manufacturing jobs nationally, this neighborhood has
46.7% of its working residents employed in such fields, which is a
higher proportion than 98.7% of American neighborhoods.
Notable & Unique: Migration/Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
What is interesting to note, is that the S Kedzie Ave / W 55th St
neighborhood has a greater percentage of residents born in another country
(54.2%) than are found in 98.5% of all U.S. neighborhoods.
Notable & Unique: Real Estate
If you like crowded places, then you will probably enjoy the S Kedzie Ave / W 55th St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.9% of neighborhoods in the U.S., with 28,067 people per square mile living here. Even if you drive or take transit to your place of employment, many
people enjoy being able to walk in their neighborhood. What many people
don't realize is that most of America's premier vacation locations are
also very walkable. The S Kedzie Ave / W 55th St neighborhood is among
the top 5% of American neighborhoods in terms of walkability.
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 Kedzie Ave / W 55th St neighborhood in Chicago are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 79.2% of U.S. neighborhoods.
With 29.7% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 72.9%
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 Kedzie Ave / W 55th St neighborhood, 46.7%
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 33.2% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(10.5%), and 8.5% 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 Kedzie Ave / W 55th St neighborhood in Chicago, IL, residents
most commonly identify their ethnicity or ancestry as Mexican
(84.1%). There are also a number of people of Puerto Rican ancestry (1.9%) , and residents who report Irish roots (1.3%) . In addition, 54.2% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the S Kedzie Ave / W 55th St
neighborhood is Spanish, spoken by 85.9% of households. Some people also speak English (12.7%).
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in S Kedzie Ave / W 55th St neighborhood spend
between 45 minutes and one hour commuting one-way to work (31.8% of working
residents), longer and tougher than most commutes in America.
Here most residents (51.4%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (30.8%) and 11.7% of residents also ride the bus 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.