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 S Milwaukee Ave / Greggs Pky neighborhood is wealthier than 99.2%
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,
S Milwaukee Ave / Greggs Pky also has one of the lowest ratings of child
poverty in the nation.
In addition, astoundingly, NeighborhoodScout's research reveals that this single
neighborhood has a higher concentration of married couples living here
than 99.1% of all U.S. neighborhoods. Whether they have
school-aged children or not, married couples are the rule in the
S Milwaukee Ave / Greggs Pky neighborhood. If you are a married couple, you may find many
people here with a similar lifestyle, and perhaps common interests. But if
you are single, you might not find many other singles here.
Also, 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 98.4%
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.
Finally, the rate of college educated adults in the S Milwaukee Ave / Greggs Pky neighborhood
is a unique characteristic of the neighborhood. 74.8% 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
97.9% of all U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the S Milwaukee Ave / Greggs Pky neighborhood has more
Greek and Belgian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.3% of
this neighborhood's residents have Greek ancestry and 0.8% have Belgian ancestry.
S Milwaukee Ave / Greggs Pky is also pretty special linguistically. Significantly, 3.3% 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 98.8% of the neighborhoods in America.
Notable & Unique: Occupations
The S Milwaukee Ave / Greggs Pky neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
95.5% of the neighborhoods in American. In fact, 63.6%
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, owner-occupied real estate dominates the S Milwaukee Ave / Greggs Pky neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.0% of neighborhoods in America. 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 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 97.6% 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.