Real Estate Prices and Overview
W Butterfield Rd / S Prospect Ave median real estate prices are $325,299, which is more expensive than 88.3% of the neighborhoods
in Illinois and 80.8% of the
neighborhoods in the U.S.
Average rental prices in W Butterfield Rd / S Prospect Ave are currently
$2,066, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.2%
of the neighborhoods in Illinois.
W Butterfield Rd / S Prospect Ave is an urban neighborhood (based on population
density) located in Elmhurst, Illinois.
W Butterfield Rd / S Prospect Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the W Butterfield Rd / S Prospect Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Real estate vacancies in W Butterfield Rd / S Prospect Ave are 6.4%,
which is lower than one will find in 67.4% of American
neighborhoods. Demand for real estate in W Butterfield Rd / S Prospect Ave
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
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 Elmhurst,
the W Butterfield Rd / S Prospect Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
According to NeighborhoodScout's exclusive analysis, W Butterfield Rd / S Prospect Ave
is among the best neighborhoods for families in Illinois. In fact, this neighborhood is
more family-friendly than 99.2% of neighborhoods
in the entire state of Illinois. Its combination of top public
schools, low crime rates, and owner-occupied single family homes gives
this area the look and feel of a "Leave It to Beaver" episode. Many other
families also live here, making it easy to socialize and develop a strong
sense of community. In addition, the high number of college-educated parents
influences the academic success of the local schools. Overall, you will
find all of the amenities a family needs to thrive in the
W Butterfield Rd / S Prospect Ave neighborhood.
In addition to being an excellent choice for college students, this
neighborhood is also a very good choice for families with school-aged children , urban sophisticates and highly educated executives.
Notable & Unique: Diversity
Did you know that the W Butterfield Rd / S Prospect Ave neighborhood has more
Dutch and Irish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.9% of
this neighborhood's residents have Dutch ancestry and 18.4% have Irish ancestry.
Notable & Unique: Real Estate
In addition, this W Butterfield Rd / S Prospect Ave neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.2% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.2% of all neighborhoods in America.
Furthermore, real estate in the W Butterfield Rd / S Prospect Ave neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 96.7% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
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 W Butterfield Rd / S Prospect Ave neighborhood in Elmhurst are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 94.5% of the neighborhoods in America.
In addition, 11.4% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 59.3%
of America'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 W Butterfield Rd / S Prospect Ave neighborhood, 51.4%
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 26.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(14.7%), and 7.4% in manufacturing and laborer 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 W Butterfield Rd / S Prospect Ave neighborhood in Elmhurst, IL, residents
most commonly identify their ethnicity or ancestry as Irish
(18.4%). There are also a number of people of German ancestry (15.2%) , and residents who report Italian roots (10.2%) , and some of the residents are also of Polish ancestry (9.6%) , along with some Dutch ancestry residents (4.9%), among others.
The Neighbors: Languages
The most common language spoken in the W Butterfield Rd / S Prospect Ave
neighborhood is English, spoken by 91.4% of households. Some people also speak Spanish (5.0%).
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 W Butterfield Rd / S Prospect Ave neighborhood spend
between 30 and 45 minutes commuting one-way to work (31.5% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (81.4%) 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 (8.2%) and 7.2% 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.