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Real Estate Prices & Overview

E 83rd St / S St Lawrence Ave median real estate price is $297,797, which is more expensive than 56.1% of the neighborhoods in Illinois and 41.3% of the neighborhoods in the U.S.

The average rental price in E 83rd St / S St Lawrence Ave is currently $1,523, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.2% of Illinois neighborhoods.

E 83rd St / S St Lawrence Ave is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

E 83rd St / S St Lawrence Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 83rd St / S St Lawrence Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

E 83rd St / S St Lawrence Ave has a 12.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.8% 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

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

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 69.6%. This is a higher percent living alone than we found in 99.7% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

In addition, the E 83rd St / S St Lawrence Ave neighborhood stands out for having an average per capita income lower than 96.0% of the neighborhoods in the United States.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the E 83rd St / S St Lawrence Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 14.7% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.5% of all neighborhoods in America.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 14.0% of the E 83rd St / S St Lawrence Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.2% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 95.5% of U.S. neighborhoods.

Diversity

Did you know that the E 83rd St / S St Lawrence Ave neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.1% of this neighborhood's residents have African ancestry and 23.0% have Sub-Saharan African ancestry.

E 83rd St / S St Lawrence Ave is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.

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 E 83rd St / S St Lawrence Ave 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 96.0% of U.S. neighborhoods. With 16.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.7% 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 E 83rd St / S St Lawrence Ave neighborhood, 38.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.2%), and 19.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the E 83rd St / S St Lawrence Ave neighborhood is English, spoken by 97.9% of households.

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 E 83rd St / S St Lawrence Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (23.0%). There are also a number of people of African ancestry (21.1%), and residents who report German roots (2.9%), and some of the residents are also of Swedish ancestry (2.5%).

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 E 83rd St / S St Lawrence Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (28.5% of working residents), longer and tougher than most commutes in America.

Here most residents (57.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (14.0%) and 11.3% 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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