Real Estate Prices and Overview
Pfingsten Rd / Walters Ave median real estate prices are $547,111, which is more expensive than 98.0% of the neighborhoods
in Illinois and 93.7% of the
neighborhoods in the U.S.
Average rental prices in Pfingsten Rd / Walters Ave are currently
$2,008, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.6%
of the neighborhoods in Illinois.
Pfingsten Rd / Walters Ave is a suburban neighborhood (based on population
density) located in Northbrook, Illinois.
Pfingsten Rd / Walters 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 apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the Pfingsten Rd / Walters Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Pfingsten Rd / Walters Ave, the current vacancy rate is 3.2%,
which is a lower rate of vacancies than 86.4% of all neighborhoods
in the U.S. This means that the housing supply in Pfingsten Rd / Walters Ave
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: People
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 Pfingsten Rd / Walters Ave neighborhood is wealthier than 97.7%
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.
As one would expect in a considerably wealthy neighborhood such as this,
Pfingsten Rd / Walters Ave also has one of the lowest ratings of child
poverty in the nation.
In addition, according to NeighborhoodScout's exclusive analysis, Pfingsten Rd / Walters Ave
is among the best neighborhoods for families in Illinois. In fact, this neighborhood is
more family-friendly than 99.6% 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
Pfingsten Rd / Walters Ave 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 and highly educated executives.
Also, the rate of college educated adults in the Pfingsten Rd / Walters Ave neighborhood
is a unique characteristic of the neighborhood. 70.9% 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
97.0% of all U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Pfingsten Rd / Walters Ave neighborhood has more
Romanian and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.7% of
this neighborhood's residents have Romanian ancestry and 2.6% have Eastern European ancestry.
Pfingsten Rd / Walters Ave is also pretty special linguistically. Significantly, 4.2% 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 98.4% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, real estate in the Pfingsten Rd / Walters Ave 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 98.7% 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.
Furthermore, one way that the Pfingsten Rd / Walters Ave neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.6% 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.
Also of note, this Pfingsten Rd / Walters Ave 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 98.5% 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.
The Neighbors: Income
There are two complementary 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 Pfingsten Rd / Walters Ave neighborhood in Northbrook 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 97.7% 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 99.9%
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 Pfingsten Rd / Walters Ave neighborhood, 58.6%
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 22.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(11.6%), and 7.4% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
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 Pfingsten Rd / Walters Ave neighborhood in Northbrook, IL, residents
most commonly identify their ethnicity or ancestry as Irish
(11.1%). There are also a number of people of German ancestry (10.0%) , and residents who report Asian roots (8.4%) , and some of the residents are also of Russian ancestry (7.2%) , along with some English ancestry residents (6.5%), among others. In addition, 13.6% 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 Pfingsten Rd / Walters Ave
neighborhood is English, spoken by 78.8% of households. Other important languages spoken here include Korean, Spanish and Russian.
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 Pfingsten Rd / Walters Ave neighborhood spend
between 15 and 30 minutes commuting one-way to work (27.8% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.4%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (12.6%) and 9.8% of residents also take the train 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.