Real Estate Prices and Overview
Median real estate prices in the Village Center of Lincolnshire are $525,698, which is more expensive than 97.5% of the neighborhoods
in Illinois and 93.2% of the
neighborhoods in the U.S.
Average rental prices in Lincolnshire Village Center are currently
$2,062, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.8%
of the neighborhoods in Illinois.
Lincolnshire Village Center is a suburban neighborhood (based on population
density) located in Lincolnshire, Illinois.
Real estate in the Village Center of Lincolnshire, IL 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 Village Center 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 Lincolnshire Village Center are 5.0%,
which is lower than one will find in 76.1% of American
neighborhoods. Demand for real estate in Lincolnshire Village Center
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 Lincolnshire,
the Village Center 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 Lincolnshire Village Center neighborhood has more
Eastern European and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.7% of
this neighborhood's residents have Eastern European ancestry and 6.9% have Russian ancestry.
Lincolnshire Village Center is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily
speak Hebrew at home. While this may seem like a small percentage, it is higher
than 98.2% of the neighborhoods in America.
Notable & Unique: People
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 Lincolnshire Village Center neighborhood may actually hold
the key. 73.4% of its residents are married, which is a higher
percentage than is found in 99.2% of the neighborhoods
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 0.8% of America's neighborhoods are wealthier than the
Lincolnshire Village Center 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, according to NeighborhoodScout's exclusive analysis, Lincolnshire Village Center
is among the best neighborhoods for families in Illinois. In fact, this neighborhood is
more family-friendly than 98.9% 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 Lincolnshire
Village Center neighborhood.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for urban sophisticates , highly educated executives and active retirees.
Finally, if knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the Lincolnshire Village Center neighborhood, where 41.2% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 98.6%
of the neighborhoods in America.
Notable & Unique: Modes of Transportation
A unique way of commuting is simply not to. And in the Lincolnshire Village Center
neighborhood, analysis shows that 16.4% of the residents work
from home, avoiding a commute altogether. This may not seem like a large number,
but it is a higher proportion of people working from home than is found in
98.8% of the neighborhoods in the United States.
One thing NeighborhoodScout's research reveals is that the wealthier and/or
more isolated the neighborhood, the greater the proportion of residents who
choose to work from home.
Notable & Unique: Occupations
Executives, managers and professionals make up 62.8% of the workforce
in the Lincolnshire Village Center neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 95.3% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Real Estate
In addition, owner-occupied real estate dominates the Lincolnshire Village Center neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.5% of neighborhoods in America.
Furthermore, one way that the Lincolnshire Village Center neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.5% 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.
The Neighbors: Income
There are two complimentary 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 Village Center neighborhood in Lincolnshire 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 99.2% of the neighborhoods in America.
In addition, 0.8% 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 88.6%
of America's neighborhoods.
The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Lincolnshire Village Center neighborhood, 62.8%
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 24.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support 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 Village Center neighborhood in Lincolnshire, IL, residents
most commonly identify their ethnicity or ancestry as German
(12.9%). There are also a number of people of Polish ancestry (9.9%) , and residents who report Irish roots (9.5%) , and some of the residents are also of English ancestry (6.9%) , along with some Russian ancestry residents (6.9%), among others. In addition, 10.0% 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 Lincolnshire Village Center
neighborhood is English, spoken by 86.4% of households. Other important languages spoken here include Spanish and Chinese.
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 Lincolnshire Village Center neighborhood spend
between 15 and 30 minutes commuting one-way to work (45.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.7%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (7.8%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.