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
$1,625, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.6%
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
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 Grand Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the
Grand Ave neighborhood stands out as being ranked among
the lowest 0.1% of neighborhoods affected by this global
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
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 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
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 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 shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
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
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 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.