Chicago, IL (S Lake Shore Dr / E 49th St)




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S Lake Shore Dr / E 49th St

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640 Vital Statistics. 24 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 6 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 2 Alerts

Found
Crimes alerts

Crimes


67

Statistics

alerts 3 Alerts

Found
Schools alerts

Schools


65

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alerts 8 Alerts

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328

Statistics

alerts 5 Alerts

Found


About Chicago, IL (S Lake Shore Dr / E 49th St)


Real Estate Prices and Overview

S Lake Shore Dr / E 49th St median real estate price is $213,930, which is more expensive than 61.6% of the neighborhoods in Illinois and 55.6% of the neighborhoods in the U.S.

The average rental price in S Lake Shore Dr / E 49th St is currently $1,648, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.8% of the neighborhoods in Illinois.

S Lake Shore Dr / E 49th St is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

S Lake Shore Dr / E 49th St 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the S Lake Shore Dr / E 49th St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

S Lake Shore Dr / E 49th St has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.4% 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.

Notable & Unique: Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.6% of U.S. neighborhoods.

Notable & Unique: Occupations

The S Lake Shore Dr / E 49th St neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.2% of the neighborhoods in American. In fact, 75.2% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Notable & Unique: Real Estate

One of the really unique and interesting things about the look and setting of the S Lake Shore Dr / E 49th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 93.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.0% of all neighborhoods in America.

In addition, the S Lake Shore Dr / E 49th St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, if you like crowded places, then you will probably enjoy the the S Lake Shore Dr / E 49th St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.0% of neighborhoods in the U.S., with 23,732 people per square mile living here.

Notable & Unique: People

If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the S Lake Shore Dr / E 49th St neighborhood, where 44.6% have earned an advanced degree. Compare that to the average neighborhood in America, where just 8.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 98.9% of the neighborhoods in America.

In addition, one of the most interesting things about the S Lake Shore Dr / E 49th St neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 51.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.5% of the neighborhoods in America.

Notable & Unique: Car Ownership

American households most often have a car, and regularly they have two or three. But households in the S Lake Shore Dr / E 49th St neighborhood buck this trend. 33.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.

Notable & Unique: Diversity

Did you know that the S Lake Shore Dr / E 49th St neighborhood has more Sub-Saharan African and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.3% of this neighborhood's residents have Sub-Saharan African ancestry and 1.7% have Haitian ancestry.

S Lake Shore Dr / E 49th St is also pretty special linguistically. Significantly, 14.0% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.


The Neighbors

The Neighbors: Income

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 Lake Shore Dr / E 49th St 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 49.2% of the neighborhoods in America. In addition, 3.6% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 81.7% of America's neighborhoods.

The Neighbors: Occupations

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 S Lake Shore Dr / E 49th St neighborhood, 75.2% 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 10.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (10.5%), and 3.6% in manufacturing and laborer occupations.

The Neighbors: 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 S Lake Shore Dr / E 49th St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Asian (21.5%). There are also a number of people of Sub-Saharan African ancestry (11.3%), and residents who report African roots (6.9%), and some of the residents are also of German ancestry (6.0%), along with some Irish ancestry residents (4.4%), among others. In addition, 27.7% of the residents of this neighborhood were born in another country.

The Neighbors: 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 S Lake Shore Dr / E 49th St neighborhood is English, spoken by 65.6% of households. Other important languages spoken here include Chinese, Spanish, Korean and French.

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 S Lake Shore Dr / E 49th St neighborhood spend between 15 and 30 minutes commuting one-way to work (46.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (41.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (37.3%) and 11.6% of residents also take the train 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.

Neighborhood Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:
  • Home Values, Rents: Federal Housing Finance Agency, U.S. Department of Housing and Urban Development.
  • Setting, Housing Stock, Homeownership: American Community Survey (U.S. Census Bureau), National Agriculture Statistics Service (U.S. Department of Agriculture).
Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

44 Vital Statistics. 6 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
years and months

Average Market Rent

 

Average Market Rent:
/ per month

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Chicago, IL (S Lake Shore Dr / E 49th St) HOMES

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TYPE OF Chicago, IL (S Lake Shore Dr / E 49th St) HOMES

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SIZE OF Chicago, IL (S Lake Shore Dr / E 49th St) HOMES

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SIZE OF Chicago, IL (S Lake Shore Dr / E 49th St) HOMES

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homeownership

 
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Neighborhood Demographics Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau).

Date(s) & Update Frequency:   2015 (latest available). Updated annually.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more

136 Vital Statistics. 2 Condition Alerts found.

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Age

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Marital Status

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Gender Ratio

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Military & College Status

 
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Household Types

 

One person households

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Same Sex Partners

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Married Couple with Child

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Single Parent with Child

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Employment Industries in S Lake Shore Dr / E 49th St

 
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Commute to work

 

Average One-way Commute Time

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Languages Spoken (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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Percent with Advanced Degree

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income & education

 
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Neighborhood Crime Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   Uniform Crime Reporting Program (Federal Bureau of Investigation), additional data from local police agencies.

Date(s) & Update Frequency:   Reflects 2015 calendar year; released from FBI in Sept. 2016 (latest available). Updated annually. Wheres 2016 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more

67 Vital Statistics. 3 Condition Alerts found.

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
S Lake Shore Dr / E 49th St 0.101011101001110
Chicago 0.101011101001110
Illinois 3.84

My Chances of Becoming a Victim of a Violent Crime

1 in

in S Lake Shore Dr / E 49th St

1 in

in Chicago

1 in 261

in Illinois

Chicago VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
S Lake Shore Dr / E 49th St 0.101011101001110
Chicago 0.101011101001110
Illinois 19.89

My Chances of Becoming a Victim of a Property Crime

1 in

in S Lake Shore Dr / E 49th St

1 in

in Chicago

1 in 50

in Illinois

Chicago Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
S Lake Shore Dr / E 49th St 0.101011101001110
Chicago 0.101011101001110
Illinois 33

Neighborhood Public School Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Test data: Reflects 2015 – 2016 school year.
  • Expenditures: 2015
  • Educational Environment: 2015 (latest available). Updated annually.

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more

65 Vital Statistics. 8 Condition Alerts found.

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

CITY OF CHICAGO SD 299


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Illinois

(10 is best)

Better than of IL school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT

SEE ALL SCHOOLS

Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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