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 Lake Forest,
the Skokie Hwy / E Old Elm Rd 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, Skokie Hwy / E Old Elm Rd
is among the best neighborhoods for families in Illinois. In fact, this neighborhood is
more family-friendly than 99.9% 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
Skokie Hwy / E Old Elm Rd neighborhood.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for highly educated executives , urban sophisticates and active retirees.
In addition, if you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 0.3% of America's neighborhoods are wealthier than the
Skokie Hwy / E Old Elm Rd neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
As one would expect in a considerably wealthy neighborhood such as this,
Skokie Hwy / E Old Elm Rd also has one of the lowest ratings of child
poverty in the nation.
Also, the rate of college educated adults in the Skokie Hwy / E Old Elm Rd neighborhood
is a unique characteristic of the neighborhood. 85.5% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
99.7% of all U.S. neighborhoods.
Finally, priests and therapists would like to think they know the secrets to a
truly successful marriage, but according to NeighborhoodScout's research,
the folks of the Skokie Hwy / E Old Elm Rd neighborhood may actually hold
the key. 68.5% of its residents are married, which is a higher
percentage than is found in 96.8% of the neighborhoods
Notable & Unique: Occupations
The Skokie Hwy / E Old Elm Rd neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.7% of the neighborhoods in American. In fact, 71.9%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Diversity
Did you know that the Skokie Hwy / E Old Elm Rd neighborhood has more
Armenian and Welsh ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.3% of
this neighborhood's residents have Armenian ancestry and 1.8% have Welsh ancestry.
Skokie Hwy / E Old Elm Rd is also pretty special linguistically. Significantly, 1.3% 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 98.2% of the neighborhoods in America.
Notable & Unique: Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other
neighborhoods feel like a collection of strangers who just happen to live
near each other. Sometimes this comes down to not only the personalities
of the people in a place, but how long people have been together in that
neighborhood. NeighborhoodScout's research has revealed some interesting
things about the rootedness of people in the Skokie Hwy / E Old Elm Rd
More residents of the Skokie Hwy / E Old Elm Rd neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 96.4% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Real Estate
In addition, one way that the Skokie Hwy / E Old Elm Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.5% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Skokie Hwy / E Old Elm Rd neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 99.1% of all American neighborhoods.
Also of note, real estate in the Skokie Hwy / E Old Elm Rd 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 98.4% 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. With a real estate vacancy rate of only 0.6%, the Skokie Hwy / E Old Elm Rd neighborhood has a lower vacancy rate than 95.9% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.