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
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 S Milwaukee Ave / Greggs Pky neighborhood is wealthier than 99.3%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer 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,
S Milwaukee Ave / Greggs Pky also has one of the lowest ratings of child
poverty in the nation.
In addition, a majority of the adults in the S Milwaukee Ave / Greggs Pky neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for Illinois by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 98.6%
of the neighborhoods in Illinois.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for families with school-aged children and urban sophisticates.
Also, 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 S Milwaukee Ave / Greggs Pky neighborhood may actually hold
the key. 70.1% of its residents are married, which is a higher
percentage than is found in 98.4% of the neighborhoods
Finally, the rate of college educated adults in the S Milwaukee Ave / Greggs Pky neighborhood
is a unique characteristic of the neighborhood. 76.6% 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
98.2% of all U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the S Milwaukee Ave / Greggs Pky neighborhood has more
Greek and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.5% of
this neighborhood's residents have Greek ancestry and 6.0% have Russian ancestry.
S Milwaukee Ave / Greggs Pky is also pretty special linguistically. Significantly, 4.8% of its residents five years old and above primarily
speak Russian at home. While this may seem like a small percentage, it is higher
than 99.0% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
If you like to ride a ferry to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 0.7% of the S Milwaukee Ave / Greggs Pky
neighborhood's commuters ride a ferry to and from work each day, which is more than we found in
99.1% of America's neighborhoods.
Notable & Unique: Occupations
The S Milwaukee Ave / Greggs Pky neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
96.6% of the neighborhoods in American. In fact, 66.1%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Real Estate
In addition, real estate in the S Milwaukee Ave / Greggs Pky 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 1.1% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the S Milwaukee Ave / Greggs Pky 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.
Furthermore, one way that the S Milwaukee Ave / Greggs Pky neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.0% 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.