Most Expensive Winnetka Neighborhoods
|1||Sheridan Rd / Elder Ln|
Winnetka is a somewhat small village located in the state of Illinois. With a population of 12,422 people and three constituent neighborhoods, Winnetka is the 199th largest community in Illinois. Much of the housing stock in Winnetka was built prior to World War II, making it one of the older and more historic villages in the country.
Winnetka home prices are not only among the most expensive in Illinois, but Winnetka real estate also consistently ranks among the most expensive in America.
Winnetka is a decidedly white-collar village, with fully 97.74% of the workforce employed in white-collar jobs, well above the national average. Overall, Winnetka is a village of managers, professionals and sales and office workers. There are especially a lot of people living in Winnetka who work in management occupations (23.97%), sales jobs (15.15%) and business and financial occupations (13.65%).
Of important note, Winnetka is also a village of artists. Winnetka has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Winnetka’s character.
Also of interest is that Winnetka has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Winnetka telecommute to their jobs. Overall, about 10.47% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Winnetka is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Winnetka is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Winnetka’s overall crime rate is lower than average for the country.
One downside of living in Winnetka, however, is that residents on average have to contend with a long commute, spending on average 34.76 minutes every day commuting to work. It is, however, a pedestrian-friendly village. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Even though Winnetka is a smaller village, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, Winnetka is a pretty powerful place. 88.01% of the adults in Winnetka have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Winnetka in 2010 was $100,440, which is wealthy relative to Illinois and the nation. This equates to an annual income of $401,760 for a family of four.
The people who call Winnetka home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Winnetka residents report their race to be White, followed by Asian. Important ancestries of people in Winnetka include German, Irish, English, Italian, Polish and Scottish.
The most common language spoken in Winnetka is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||4,102|
|WINNETKA HOME OWNERSHIP|
|% OWNER OCCUPIED||91.94%|
|% RENTER OCCUPIED||8.06%|
|TYPE OF WINNETKA HOMES|
|SINGLE FAMILY DETACHED||86.66%|
|ROWHOUSES AND ATTACHED HOMES||2.29%|
|SMALL APARTMENT BUILDINGS||1.81%|
|COMPLEXES OR HIGH RISE APARTMENTS||9.24%|
|SIZE OF WINNETKA HOMES|
|5 OR MORE BEDROOMS||35.68%|
|AGE OF WINNETKA HOMES|
|NEWER HOMES (2000 OR LATER)||12.48%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||14.72%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||21.42%|
|HISTORIC (1939 OR BEFORE)||51.38%|
|WINNETKA REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$973,337|
|MEDIAN RENTAL PRICE||$1,402|
|HOME VALUE RANGE|
|$0 - $52,000||0.19%|
|$52,001 - $104,000||1.14%|
|$104,001 - $208,000||2.60%|
|$208,001 - $312,000||3.57%|
|$312,001 - $416,000||2.58%|
|$416,001 - $520,000||4.79%|
|$520,001 - $780,000||16.34%|
|$780,001 - $1,040,000||25.23%|
|PEOPLE OF WINNETKA||DETAILS|
|UNDER 5 YEARS||7.25%|
|5 TO 17||26.77%|
|18 TO 24||6.05%|
|25 TO 34||3.22%|
|35 TO 54||31.37%|
|55 TO 64||10.46%|
|65 YEARS AND OVER||14.88%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||99.18%|
|MEDIAN HOUSEHOLD INCOME||$211,250|
|PER CAPITA INCOME||$100,440|
|INDIVIDUALS BELOW POVERTY LEVEL||2.15%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (22.92%)
Real estate (4.58%)
Information Technology (3.47%)
|BLACK OR AFRICAN AMERICAN||0.22%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.59%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.39%|
|TWO OR MORE RACES||2.53%|
|HISPANIC OR LATINO (OF ANY RACE)||2.85%|
|ETHNICITIES PRESENT||German (17.85%)
|LANGUAGES SPOKEN||English (89.75%)
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