Real Estate Prices and Overview
W Weathersfield Way / S Salem Dr median real estate prices are $268,385, which is more expensive than 80.5% of the neighborhoods
in Illinois and 74.0% of the
neighborhoods in the U.S.
Average rental prices in W Weathersfield Way / S Salem Dr are currently
$1,439, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.7%
of the neighborhoods in Illinois.
W Weathersfield Way / S Salem Dr is a suburban neighborhood (based on population
density) located in Schaumburg, Illinois.
W Weathersfield Way / S Salem Dr 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 W Weathersfield Way / S Salem Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In W Weathersfield Way / S Salem Dr, the current vacancy rate is 1.5%,
which is a lower rate of vacancies than 94.1% of all neighborhoods
in the U.S. This means that the housing supply in W Weathersfield Way / S Salem Dr
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the
W Weathersfield Way / S Salem Dr neighborhood stands out as being ranked among
the lowest 0.1% of neighborhoods affected by this global
In addition, according to NeighborhoodScout's exclusive analysis, W Weathersfield Way / S Salem Dr
is among the best neighborhoods for families in Illinois. In fact, this neighborhood is
more family-friendly than 97.9% 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
W Weathersfield Way / S Salem Dr neighborhood.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for college students and urban sophisticates.
Notable & Unique: Diversity
Did you know that the W Weathersfield Way / S Salem Dr neighborhood has more
Yugoslav and Finnish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.1% of
this neighborhood's residents have Yugoslav ancestry and 1.4% have Finnish ancestry.
W Weathersfield Way / S Salem Dr is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily
speak Italian at home. While this may seem like a small percentage, it is higher
than 98.5% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the W Weathersfield Way / S Salem Dr neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 99.0% of all American neighborhoods.
Furthermore, real estate in the W Weathersfield Way / S Salem Dr 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 98.9% 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.
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 W Weathersfield Way / S Salem Dr neighborhood in Schaumburg are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 79.8% 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
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 W Weathersfield Way / S Salem Dr neighborhood, 38.1%
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 25.4% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(18.2%), and 18.2% 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 W Weathersfield Way / S Salem Dr neighborhood in Schaumburg, IL, residents
most commonly identify their ethnicity or ancestry as German
(19.5%). There are also a number of people of Irish ancestry (9.5%) , and residents who report Italian roots (9.1%) , and some of the residents are also of Polish ancestry (7.0%) , along with some Asian ancestry residents (6.9%), among others. In addition, 12.3% 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 W Weathersfield Way / S Salem Dr
neighborhood is English, spoken by 73.3% of households. Other important languages spoken here include Spanish and Italian.
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 Weathersfield Way / S Salem Dr neighborhood spend
between 15 and 30 minutes commuting one-way to work (32.3% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (89.0%) 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 (5.3%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.