Real Estate Prices and Overview
Arbury Hills median real estate prices are $229,903, which is more expensive than 72.0% of the neighborhoods
in Illinois and 67.6% of the
neighborhoods in the U.S.
Average rental prices in Arbury Hills are currently
$103, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 99.6% of Illinois neighborhoods.
Arbury Hills is a suburban neighborhood (based on population
density) located in Mokena, Illinois.
Arbury Hills 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 Arbury Hills neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Arbury Hills, the current vacancy rate is 0.9%,
which is a lower rate of vacancies than 95.3% of all neighborhoods
in the U.S. This means that the housing supply in Arbury Hills
is very tight compared to the demand for property here.
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 Mokena,
the Arbury Hills 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 Arbury Hills neighborhood has more
Austrian and Greek ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.1% of
this neighborhood's residents have Austrian ancestry and 6.0% have Greek ancestry.
Arbury Hills is also pretty special linguistically. Significantly, 1.6% 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 98.6% 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 Arbury Hills
More residents of the Arbury Hills neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 97.0% 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: People
According to NeighborhoodScout's exclusive analysis, Arbury Hills
is among the best neighborhoods for families in Illinois. In fact, this neighborhood is
more family-friendly than 95.9% 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
Arbury Hills 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.
Notable & Unique: Real Estate
In addition, real estate in the Arbury Hills 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 97.7% 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. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.9% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Arbury Hills neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
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 Arbury Hills neighborhood in Mokena are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 84.6% of the neighborhoods in America.
In addition, 9.0% 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 65.1%
of America's neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the Arbury Hills neighborhood, 40.8%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 22.0% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(20.5%), and 16.7% 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 Arbury Hills neighborhood in Mokena, IL, residents
most commonly identify their ethnicity or ancestry as Irish
(22.5%). There are also a number of people of German ancestry (14.7%) , and residents who report Italian roots (12.4%) , and some of the residents are also of Polish ancestry (11.5%) , along with some Norwegian ancestry residents (6.1%), among others.
The Neighbors: Languages
The most common language spoken in the Arbury Hills
neighborhood is English, spoken by 93.9% of households.
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 Arbury Hills neighborhood spend
between 45 minutes and one hour commuting one-way to work (30.2% of working
residents), longer and tougher than most commutes in America.
Here most residents (83.3%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (12.1%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.