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Real Estate Prices & Overview

Tomcat 4th Ward median real estate price is $232,770, which is more expensive than 41.8% of the neighborhoods in Illinois and 29.6% of the neighborhoods in the U.S.

The average rental price in Tomcat 4th Ward is currently $1,982, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.5% of Illinois neighborhoods.

Tomcat 4th Ward is a densely urban neighborhood (based on population density) located in Aurora, Illinois.

Tomcat 4th Ward real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Tomcat 4th Ward 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.

Real estate vacancies in Tomcat 4th Ward are 5.8%, which is lower than one will find in 60.8% of American neighborhoods. Demand for real estate in Tomcat 4th Ward is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 get around.

People

One of the really interesting characteristics about the Tomcat 4th Ward neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.3% of college-friendly places to live in the state of Illinois.

Modes of Transportation

Our research shows that more people carpool to work here in the Tomcat 4th Ward (23.8%) than in 96.4% of the neighborhoods in America.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Tomcat 4th Ward neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 36.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.2% of America's neighborhoods.

In addition, being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Tomcat 4th Ward neighborhood is one of the most walkable neighborhoods in America.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Tomcat 4th Ward neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 62.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.1% of the neighborhoods in the United States.

Occupations

More people work in manufacturing and as laborers here in the Tomcat 4th Ward neighborhood than in 95.8% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Tomcat 4th Ward neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 65.4% of this neighborhood's residents have Mexican ancestry.

Tomcat 4th Ward is also pretty special linguistically. Significantly, 64.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.6% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Tomcat 4th Ward neighborhood in Aurora are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.7% of U.S. neighborhoods. With 52.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.9% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Tomcat 4th Ward neighborhood, 42.7% of the working population is employed in manufacturing and laborer 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 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 13.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the Tomcat 4th Ward neighborhood is Spanish, spoken by 64.9% of households. Some people also speak English (34.0%).

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 Tomcat 4th Ward neighborhood in Aurora, IL, residents most commonly identify their ethnicity or ancestry as Mexican (65.4%). There are also a number of people of German ancestry (7.6%), and residents who report English roots (3.1%), and some of the residents are also of Irish ancestry (2.7%), along with some Italian ancestry residents (1.7%), among others. In addition, 30.1% of the residents of this neighborhood were born in another country.

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 Tomcat 4th Ward neighborhood spend between 15 and 30 minutes commuting one-way to work (40.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (23.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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