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Real Estate Prices & Overview

Harrison Park median real estate price is $331,443, which is more expensive than 63.9% of the neighborhoods in Illinois and 47.8% of the neighborhoods in the U.S.

The average rental price in Harrison Park is currently $2,146, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.5% of the neighborhoods in Illinois.

Harrison Park is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

Harrison Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Harrison Park 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.

Harrison Park has a 11.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.6% 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

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.

Real Estate

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 Harrison Park 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 59.8% of the real estate here is made up of such dwellings, which is higher than 99.2% of all U.S. neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the Harrison Park neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.2% of neighborhoods in the U.S., with 25,536 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Harrison Park neighborhood is among the top 5% of American neighborhoods in terms of walkability.

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 Harrison Park neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 57.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.8% of the neighborhoods in the United States.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 16.0% of the Harrison Park neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.6% of America's neighborhoods.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.3% of residents in the Harrison Park neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Harrison Park neighborhood has a highly unusual pattern of car ownership. 20.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.4% of U.S. neighborhoods.

Diversity

Did you know that the Harrison Park neighborhood has more Romanian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Romanian ancestry and 65.5% have Mexican ancestry.

Harrison Park is also pretty special linguistically. Significantly, 64.8% 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

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 Harrison Park neighborhood in Chicago are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.5% of the neighborhoods in America. With 48.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.5% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Harrison Park neighborhood, 47.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 32.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (10.8%), and 8.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Harrison Park neighborhood is Spanish, spoken by 64.8% of households. Some people also speak English (31.7%).

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 Harrison Park neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (65.5%). There are also a number of people of Polish ancestry (7.9%), and residents who report Puerto Rican roots (6.2%), and some of the residents are also of Irish ancestry (3.9%), along with some South American ancestry residents (3.4%), among others. In addition, 32.6% 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 Harrison Park neighborhood spend between 15 and 30 minutes commuting one-way to work (37.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (53.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (16.0%) and 10.0% of residents also ride the bus 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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