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Real Estate Prices & Overview

Leclaire Hearst Park median real estate price is $323,649, which is more expensive than 62.6% of the neighborhoods in Illinois and 46.8% of the neighborhoods in the U.S.

The average rental price in Leclaire Hearst Park is currently $1,788, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.3% of Illinois neighborhoods.

Leclaire Hearst Park is an urban neighborhood (based on population density) located in Chicago, Illinois.

Leclaire Hearst Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Leclaire Hearst Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Leclaire Hearst Park are 5.1%, which is lower than one will find in 66.0% of American neighborhoods. Demand for real estate in Leclaire Hearst Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Chicago, the Leclaire Hearst Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Leclaire Hearst Park neighborhood, is that an incredible 81.4% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.4% of U.S. neighborhoods.

Diversity

Did you know that the Leclaire Hearst Park neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.1% of this neighborhood's residents have African ancestry.

Leclaire Hearst Park is also pretty special linguistically. Significantly, 6.3% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.0% 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 Leclaire Hearst Park neighborhood in Chicago are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.3% of U.S. neighborhoods. In addition, 5.8% 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 62.0% of America'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 Leclaire Hearst Park neighborhood, 37.8% 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 25.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.5%), and 18.3% 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 Leclaire Hearst Park neighborhood is English, spoken by 56.1% of households. Other important languages spoken here include Spanish, Arabic and Korean.

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 Leclaire Hearst Park neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (36.7%). There are also a number of people of Sub-Saharan African ancestry (7.1%), and residents who report African roots (7.1%), and some of the residents are also of Asian ancestry (3.0%), along with some Puerto Rican ancestry residents (2.0%), among others. In addition, 20.2% 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 Leclaire Hearst Park neighborhood spend between 30 and 45 minutes commuting one-way to work (45.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (67.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (18.8%) . 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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