Real Estate Prices and Overview
Grand Ave median real estate prices are $260,653, which is more expensive than 78.9% of the neighborhoods
in Illinois and 72.8% of the
neighborhoods in the U.S.
Average rental prices in Grand Ave are currently
$1,595, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.3%
of the neighborhoods in Illinois.
Grand Ave is a suburban neighborhood (based on population
density) located in Elmhurst, Illinois.
Grand Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the Grand Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Grand Ave are 5.5%,
which is lower than one will find in 73.1% of American
neighborhoods. Demand for real estate in Grand 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
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: People
Of note is NeighborhoodScout's research finding that the
Grand Ave neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
Grand Ave community truly stands out from the rest in this regard.
Notable & Unique: Diversity
Did you know that the Grand Ave neighborhood has more
Ukrainian and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 6.2% of
this neighborhood's residents have Ukrainian ancestry and 1.3% have Eastern European ancestry.
Grand Ave is also pretty special linguistically. Significantly, 8.0% of its residents five years old and above primarily
speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher
than 99.9% of the neighborhoods in America.
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 Grand Ave neighborhood has
a highly unusual pattern of car ownership.
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 36.9% of the households here have four, five,
or more cars. That is more cars per household than in 95.1% of
the neighborhoods in the nation.
The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low
income is very formative with regard to the personality and character of a
neighborhood. Equally important is the rate of people, particularly children,
who live below the federal poverty line. In some wealthy gated communities,
the areas immediately surrounding can have high rates of childhood poverty,
which indicates other social issues. NeighborhoodScout's analysis reveals
both aspects of income and poverty for this neighborhood.
The neighbors in the Grand Ave neighborhood in Elmhurst are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 64.1% of the neighborhoods in America.
In addition, 0.0% 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 99.9%
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 Grand Ave neighborhood, 42.5%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 22.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(17.6%), and 17.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Grand Ave neighborhood in Elmhurst, IL, residents
most commonly identify their ethnicity or ancestry as Italian
(16.3%). There are also a number of people of Irish ancestry (13.1%) , and residents who report Asian roots (12.7%) , and some of the residents are also of German ancestry (11.1%) , along with some Mexican ancestry residents (10.6%), among others. In addition, 18.6% 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 Grand Ave
neighborhood is English, spoken by 66.8% of households. Other important languages spoken here include South Asian languages, Urdu (the national language of Pakistan), Spanish and Polish.
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 Grand Ave neighborhood spend
between 15 and 30 minutes commuting one-way to work (37.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (92.4%) 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 (5.3%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.