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Real Estate Prices & Overview

Avalon Park median real estate price is $214,170, which is more expensive than 37.1% of the neighborhoods in Illinois and 25.9% of the neighborhoods in the U.S.

The average rental price in Avalon Park is currently $1,972, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.1% of Illinois neighborhoods.

Avalon Park is an urban neighborhood (based on population density) located in Chicago, Illinois.

Avalon Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Avalon Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Avalon Park has a 13.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Chicago, the Avalon Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (18.7% ride the bus) than 98.4% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

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 Avalon Park 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, 35.7% 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.

Occupations

There are more people living in the Avalon Park neighborhood employed as sales and service workers (61.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Did you know that the Avalon Park neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.3% of this neighborhood's residents have African ancestry and 22.9% have Sub-Saharan African ancestry.

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 Avalon Park neighborhood in Chicago are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.3% of U.S. neighborhoods. With 29.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.6% 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 Avalon Park neighborhood, 38.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 24.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.9%), and 17.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Avalon Park neighborhood is English, spoken by 96.5% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Avalon Park neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (22.9%). There are also a number of people of African ancestry (20.3%).

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 Avalon Park neighborhood spend between 30 and 45 minutes commuting one-way to work (37.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (57.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (18.7%) and 9.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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