Real Estate Prices and Overview
S Spring Rd / W Vallette St median real estate prices are $339,506, which is more expensive than 90.3% of the neighborhoods
in Illinois and 82.3% of the
neighborhoods in the U.S.
Average rental prices in S Spring Rd / W Vallette St are currently
$1,594, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.7%
of the neighborhoods in Illinois.
S Spring Rd / W Vallette St is an urban neighborhood (based on population
density) located in Elmhurst, Illinois.
S Spring Rd / W Vallette St real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 S Spring Rd / W Vallette St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in S Spring Rd / W Vallette St are 7.0%,
which is lower than one will find in 63.3% of American
neighborhoods. Demand for real estate in S Spring Rd / W Vallette 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 Spring Rd / W Vallette St neighborhood has more
Greek and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 6.1% of
this neighborhood's residents have Greek ancestry and 2.7% have Eastern European ancestry.
S Spring Rd / W Vallette St is also pretty special linguistically. Significantly, 3.3% 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 99.6% of the neighborhoods in America.
Notable & Unique: People
If you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the S Spring Rd / W Vallette St
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 99.3% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the S Spring Rd / W Vallette St
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for highly educated executives , families with school-aged children and college students.
In addition, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the S Spring Rd / W Vallette St neighborhood is wealthier than 95.4%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
shear amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
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 S Spring Rd / W Vallette St 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 95.4% of the neighborhoods in America.
In addition, 3.5% 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 80.3%
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 S Spring Rd / W Vallette St neighborhood, 52.9%
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 21.7% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(13.2%), and 12.1% 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 S Spring Rd / W Vallette St neighborhood in Elmhurst, IL, residents
most commonly identify their ethnicity or ancestry as German
(21.0%). There are also a number of people of Irish ancestry (11.6%) , and residents who report Polish roots (9.5%) , and some of the residents are also of Italian ancestry (7.3%) , along with some English ancestry residents (6.2%), among others.
The Neighbors: Languages
The most common language spoken in the S Spring Rd / W Vallette St
neighborhood is English, spoken by 91.1% of households. Some people also speak Greek (3.3%).
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 Spring Rd / W Vallette St neighborhood spend
between 15 and 30 minutes commuting one-way to work (33.8% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.2%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (7.0%) and 6.2% of residents also carpool with coworkers, friends, or neighbors 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.