Real Estate Prices and Overview
W Pratt Blvd / N Clark St median real estate prices are $193,310, which is more expensive than 61.3% of the neighborhoods
in Illinois and 59.6% of the
neighborhoods in the U.S.
Average rental prices in W Pratt Blvd / N Clark St are currently
$919, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 46.6% of Illinois neighborhoods.
W Pratt Blvd / N Clark St is a densely urban neighborhood (based on population
density) located in Chicago, Illinois.
W Pratt Blvd / N Clark St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings.
Most of the residential real estate is renter occupied. Many of
the residences in the W Pratt Blvd / N Clark 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.
W Pratt Blvd / N Clark St has a 12.6% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
65.1% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 W Pratt Blvd / N Clark St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
The first thing that you'll notice if you moved to this neighborhood is
that an astounding 3.8% of the households are same sex couples.
According to NeighborhoodScout's analysis, this is a higher proportion of
same sex households than in 99.0% of the neighborhoods in
America. This is one indicator that this neighborhood is likely a gay-friendly
neighborhood. So if you are looking for such a neighborhood, the
W Pratt Blvd / N Clark St neighborhood should definitely be on your list of places to
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 W Pratt Blvd / N Clark St neighborhood is one of the most walkable neighborhoods in America.
In addition, the W Pratt Blvd / N Clark St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The W Pratt Blvd / N Clark St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 72.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.2% of the neighborhoods in the United States.
Notable & Unique: Modes of Transportation
Our research revealed that more commuters here take the bus to work
(21.6% ride the bus) than 97.3% 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
Also, in the W Pratt Blvd / N Clark St neighborhood, 16.8% of people
ride the train to work each day. This is a very high percentage compared
to most places. In fact, NeighborhoodScout's analysis reveals that this
is a higher level of train ridership than in 96.0% of the
neighborhoods in America.
Notable & Unique: Diversity
Did you know that the W Pratt Blvd / N Clark St neighborhood has more
Greek and Romanian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.9% of
this neighborhood's residents have Greek ancestry and 0.7% have Romanian ancestry.
W Pratt Blvd / N Clark St is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily
speak Greek at home. While this may seem like a small percentage, it is higher
than 97.4% of the neighborhoods in America.
The Neighbors: Income
There are two complementary 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 W Pratt Blvd / N Clark 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 64.8% of U.S. neighborhoods.
With 39.5% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 83.4%
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 W Pratt Blvd / N Clark St neighborhood, 33.9%
of the working population is employed in executive, management, and professional 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 33.7% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(21.8%), and 10.6% in clerical, assistant, and tech support 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 W Pratt Blvd / N Clark St neighborhood in Chicago, IL, residents
most commonly identify their ethnicity or ancestry as Mexican
(36.8%). There are also a number of people of Irish ancestry (7.3%) , and residents who report Polish roots (5.4%) , and some of the residents are also of German ancestry (5.3%) , along with some Asian ancestry residents (5.2%), among others. In addition, 33.9% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the W Pratt Blvd / N Clark St
neighborhood is English, spoken by 49.3% of households. Other important languages spoken here include Spanish and Chinese.
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 W Pratt Blvd / N Clark St neighborhood spend
between 45 minutes and one hour commuting one-way to work (38.5% of working
residents), longer and tougher than most commutes in America.
Here most residents (40.3%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (21.6%) and 16.8% of residents also take the train 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.