Real Estate Prices and Overview
Il / Sutton Rd median real estate prices are $209,673, which is more expensive than 66.4% of the neighborhoods
in Illinois and 63.3% of the
neighborhoods in the U.S.
Average rental prices in Il / Sutton Rd are currently
$1,037, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.4%
of the neighborhoods in Illinois.
Il / Sutton Rd is a suburban neighborhood (based on population
density) located in Streamwood, Illinois.
Il / Sutton Rd 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 Il / Sutton Rd 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 Il / Sutton Rd, the current vacancy rate is 2.7%,
which is a lower rate of vacancies than 89.2% of all neighborhoods
in the U.S. This means that the housing supply in Il / Sutton Rd
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 Streamwood,
the Il / Sutton Rd 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 Il / Sutton Rd neighborhood has more
Polish and Yugoslav ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 11.3% of
this neighborhood's residents have Polish ancestry and 0.8% have Yugoslav ancestry.
Il / Sutton Rd is also pretty special linguistically. Significantly, 5.9% of its residents five years old and above primarily
speak Hindi, which is the official language of India at home. While this may seem like a small percentage, it is higher
than 99.7% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, real estate in the Il / Sutton Rd 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 95.7% 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.
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 Il / Sutton Rd neighborhood in Streamwood 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 88.4% of the neighborhoods in America.
In addition, 7.8% 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 68.1%
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 Il / Sutton Rd neighborhood, 45.0%
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 24.0% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(15.8%), and 15.2% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the Il / Sutton Rd neighborhood in Streamwood, IL, residents
most commonly identify their ethnicity or ancestry as Asian
(20.8%). There are also a number of people of Mexican ancestry (12.5%) , and residents who report Polish roots (11.3%) , and some of the residents are also of German ancestry (9.1%) , along with some Irish ancestry residents (6.8%), among others. In addition, 28.6% 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 Il / Sutton Rd
neighborhood is English, spoken by 61.2% of households. Other important languages spoken here include Spanish, South Asian languages, Hindi (which is the official language of India) and Polish.
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 Il / Sutton Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (33.9% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (85.5%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (7.5%) and 6.2% of residents also carpool with coworkers, friends, or neighbors 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.