S Aberdeen St / W 56th St median real estate price is $210,103, which is less expensive than 70.1% of Illinois neighborhoods and 78.8% of all U.S. neighborhoods.
The average rental price in S Aberdeen St / W 56th St is currently $2,473, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.9% of the neighborhoods in Illinois.
S Aberdeen St / W 56th St is an urban neighborhood (based on population density) located in Chicago, Illinois.
S Aberdeen St / W 56th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the S Aberdeen St / W 56th St 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 1970 and 1999.
S Aberdeen St / W 56th St has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.7% 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.
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.
More people ride the bus in this neighborhood each day to get to work than 99.6% of U.S. neighborhoods.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the S Aberdeen St / W 56th St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 60.8% of the real estate here is made up of such dwellings, which is higher than 99.3% of all U.S. neighborhoods.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the S Aberdeen St / W 56th St neighborhood have a highly unusual car ownership. 26.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.6% of U.S. neighborhoods.
Did you know that the S Aberdeen St / W 56th St neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.7% of this neighborhood's residents have African ancestry.
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 S Aberdeen St / W 56th St neighborhood in Chicago are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.9% of U.S. neighborhoods. With 43.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.5% of U.S. neighborhoods.
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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the S Aberdeen St / W 56th St neighborhood, 32.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (26.6%), and 9.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the S Aberdeen St / W 56th St neighborhood is English, spoken by 70.7% of households. Some people also speak Spanish (29.3%).
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 S Aberdeen St / W 56th St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (27.1%). There are also a number of people of Sub-Saharan African ancestry (8.7%), and residents who report African roots (8.7%). In addition, 10.3% of the residents of this neighborhood were born in another country.
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 S Aberdeen St / W 56th St neighborhood spend between 30 and 45 minutes commuting one-way to work (47.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (44.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (28.2%) and 13.0% 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.