Real Estate Prices and Overview
W Park Ave / N Milwaukee Ave median real estate prices are $420,862, which is more expensive than 94.6% of the neighborhoods
in Illinois and 88.9% of the
neighborhoods in the U.S.
Average rental prices in W Park Ave / N Milwaukee Ave are currently
$1,292, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.4%
of the neighborhoods in Illinois.
W Park Ave / N Milwaukee Ave is a suburban neighborhood (based on population
density) located in Libertyville, Illinois.
W Park Ave / N Milwaukee Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is owner occupied. Many of
the residences in the W Park Ave / N Milwaukee Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 8.8% in
W Park Ave / N Milwaukee Ave. NeighborhoodScout analysis shows that this rate is lower
than 52.6% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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 Libertyville,
the W Park Ave / N Milwaukee Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the W Park Ave / N Milwaukee Ave neighborhood has more
Armenian and Swiss ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.8% of
this neighborhood's residents have Armenian ancestry and 1.5% have Swiss ancestry.
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 W Park Ave / N Milwaukee Ave
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 96.7% 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 W Park Ave / N Milwaukee Ave
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for highly educated executives and families with school-aged children.
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 W Park Ave / N Milwaukee Ave neighborhood is wealthier than 95.0%
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
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 W Park Ave / N Milwaukee Ave neighborhood in Libertyville 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 95.0% of the neighborhoods in America.
In addition, 1.5% 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 86.6%
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 W Park Ave / N Milwaukee Ave neighborhood, 52.8%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
clerical, assistant, and tech support occupations, with 19.9% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(16.9%), and 10.4% 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 W Park Ave / N Milwaukee Ave neighborhood in Libertyville, IL, residents
most commonly identify their ethnicity or ancestry as German
(16.1%). There are also a number of people of Irish ancestry (11.2%) , and residents who report Italian roots (10.5%) , and some of the residents are also of Polish ancestry (6.2%) , along with some English ancestry residents (4.9%), among others.
The Neighbors: Languages
The most common language spoken in the W Park Ave / N Milwaukee Ave
neighborhood is English, spoken by 90.7% of households. Some people also speak Spanish (5.2%).
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 W Park Ave / N Milwaukee Ave neighborhood spend
between 15 and 30 minutes commuting one-way to work (36.6% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.5%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (7.2%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.