Real Estate Prices and Overview
Hubbard Woods median real estate prices are $844,628, which is more expensive than 99.7% of the neighborhoods
in Illinois and 98.3% of the
neighborhoods in the U.S.
Average rental prices in Hubbard Woods are currently
$1,090, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.7%
of the neighborhoods in Illinois.
Hubbard Woods is a suburban neighborhood (based on population
density) located in Winnetka, Illinois.
Hubbard Woods real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the Hubbard Woods neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 8.0% in
Hubbard Woods. NeighborhoodScout analysis shows that this rate is lower
than 57.6% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
Notable & Unique Neighborhood Characteristics
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
The rate of college educated adults in the Hubbard Woods neighborhood
is a unique characteristic of the neighborhood. 88.4% 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
99.9% of all U.S. neighborhoods.
In addition, 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 1.0% of America's neighborhoods are wealthier than the
Hubbard Woods 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,
Hubbard Woods also has one of the lowest ratings of child
poverty in the nation.
Also, if you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the Hubbard Woods
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 99.8% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the Hubbard Woods
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for highly educated executives , families with school-aged children and active retirees.
Notable & Unique: Diversity
Did you know that the Hubbard Woods neighborhood has more
Swiss and Lithuanian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.9% of
this neighborhood's residents have Swiss ancestry and 2.3% have Lithuanian ancestry.
Hubbard Woods is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily
speak German at home. While this may seem like a small percentage, it is higher
than 97.5% of the neighborhoods in America.
Notable & Unique: Occupations
Executives, managers and professionals make up 74.3% of the workforce
in the Hubbard Woods neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 99.1% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Modes of Transportation
In the Hubbard Woods neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 12.9% of residents worked from home. This may not
seem like a large number, but Scout's research shows that this is a higher
percentage of people working from home than 97.1% of the
neighborhoods in America. Often people who work from home are engaged in
the creative or technological economy, such as is found in areas around Boston,
and in Silicon Valley. Other times, people may be engaged in other businesses
like trading stocks from home, or running a small beauty salon.
Also, if you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 23.5% of the
Hubbard Woods neighborhood's commuters ride the train to and from work each
day, which is more than we found in 96.9% of America's
Notable & Unique: Real Estate
In addition, one way that the Hubbard Woods neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.7% 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.
The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low
income is very formative with regard to the personality and character of a
neighborhood. Equally important is the rate of people, particularly children,
who live below the federal poverty line. In some wealthy gated communities,
the areas immediately surrounding can have high rates of childhood poverty,
which indicates other social issues. NeighborhoodScout's analysis reveals
both aspects of income and poverty for this neighborhood.
The neighbors in the Hubbard Woods neighborhood in Winnetka 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 99.0% of the neighborhoods in America.
In addition, 0.0% 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 99.9%
of America's neighborhoods.
The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Hubbard Woods neighborhood, 74.3%
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 21.7% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support 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 Hubbard Woods neighborhood in Winnetka, IL, residents
most commonly identify their ethnicity or ancestry as German
(22.5%). There are also a number of people of Irish ancestry (10.9%) , and residents who report English roots (6.3%) , and some of the residents are also of Swiss ancestry (3.9%) , along with some Italian ancestry residents (3.6%), among others.
The Neighbors: Languages
The most common language spoken in the Hubbard Woods
neighborhood is English, spoken by 91.5% of households. Some people also speak Spanish (2.5%).
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 Hubbard Woods neighborhood spend
between 45 minutes and one hour commuting one-way to work (34.9% of working
residents), longer and tougher than most commutes in America.
Here most residents (65.4%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (23.5%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.