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Real Estate Prices & Overview

Schorsch median real estate price is $442,153, which is more expensive than 80.7% of the neighborhoods in Illinois and 63.1% of the neighborhoods in the U.S.

The average rental price in Schorsch is currently $1,939, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.9% of Illinois neighborhoods.

Schorsch is a rural neighborhood (based on population density) located in Chicago, Illinois.

Schorsch real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Schorsch neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Schorsch, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.9% of all neighborhoods in the U.S. This means that the housing supply in Schorsch is very tight compared to the demand for property here.

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.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 9.8% of the Schorsch neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.0% of America's neighborhoods.

People

If you're nearing retirement age, or in retirement, the Schorsch is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.6% of retiree-friendly neighborhoods in Illinois, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Illinois.

Diversity

Did you know that the Schorsch neighborhood has more Polish and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.4% of this neighborhood's residents have Polish ancestry and 8.6% have Ukrainian ancestry.

Schorsch is also pretty special linguistically. Significantly, 6.4% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

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 Schorsch neighborhood in Chicago are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.6% of the neighborhoods in America. With 41.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.0% 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 Schorsch neighborhood, 34.5% 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 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 (21.3%), and 12.5% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Schorsch neighborhood is English, spoken by 51.0% of households. Other important languages spoken here include Polish, Italian, Greek and Spanish.

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 Schorsch neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Polish (30.4%). There are also a number of people of Italian ancestry (15.2%), and residents who report Irish roots (10.8%), and some of the residents are also of Ukrainian ancestry (8.6%), along with some German ancestry residents (7.9%), among others. In addition, 40.3% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Schorsch neighborhood spend between 30 and 45 minutes commuting one-way to work (43.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (65.9%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.8%) and 9.3% 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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