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
If you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 0.8% of America's neighborhoods are wealthier than the
S Milwaukee Ave / Greggs Pky neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
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: 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
Executives, managers and professionals make up 63.6% of the workforce
in the S Milwaukee Ave / Greggs Pky neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 95.5% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
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 98.0% 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 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.