Skokie Hwy / E Old Elm Rd median real estate prices are $690,539, which is more expensive than 99.5% of the neighborhoods in Illinois and 97.4% of the neighborhoods in the U.S.

Average rental prices in Skokie Hwy / E Old Elm Rd are currently unreported, based on NeighborhoodScout's exclusive analysis.

Skokie Hwy / E Old Elm Rd is a suburban neighborhood (based on population density) located in Lake Forest, Illinois.

Skokie Hwy / E Old Elm Rd 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 Skokie Hwy / E Old Elm Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Skokie Hwy / E Old Elm Rd, the current vacancy rate is 4.0%, which is a lower rate of vacancies than 85.0% of all neighborhoods in the U.S. This means that the housing supply in Skokie Hwy / E Old Elm Rd is very tight compared to the demand for property here.

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.

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 and urban sophisticates.

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 0.6% 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.

Also, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 80.4% of the adults living in the Skokie Hwy / E Old Elm Rd neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.2% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Executives, managers and professionals make up 66.7% of the workforce in the Skokie Hwy / E Old Elm Rd neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Did you know that the Skokie Hwy / E Old Elm Rd neighborhood has more Armenian and Greek 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 2.0% have Greek ancestry.

Skokie Hwy / E Old Elm Rd is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.

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, owner-occupied real estate dominates the Skokie Hwy / E Old Elm Rd neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.4% of neighborhoods in America.

Also of note, this Skokie Hwy / E Old Elm Rd 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 98.7% 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 97.6% of all neighborhoods in America.

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 Skokie Hwy / E Old Elm Rd neighborhood in Lake Forest 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 99.4% 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 93.4% of America's neighborhoods.

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 Skokie Hwy / E Old Elm Rd neighborhood, 66.7% 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 21.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.0%), and 4.0% in manufacturing and laborer occupations.

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today. In the Skokie Hwy / E Old Elm Rd neighborhood in Lake Forest, IL, residents most commonly identify their ethnicity or ancestry as German (17.7%). There are also a number of people of Irish ancestry (15.3%) , and residents who report English roots (9.5%) , and some of the residents are also of Italian ancestry (6.0%) , along with some Asian ancestry residents (5.9%), among others.

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 Skokie Hwy / E Old Elm Rd neighborhood is English, spoken by 86.6% of households. Other important languages spoken here include Korean, Chinese and Spanish.

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 Skokie Hwy / E Old Elm Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (30.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (11.7%) and 8.3% 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.