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Real Estate Prices & Overview

W Lawrence Ave / N Marmora Ave median real estate price is $381,615, which is more expensive than 72.4% of the neighborhoods in Illinois and 55.4% of the neighborhoods in the U.S.

The average rental price in W Lawrence Ave / N Marmora Ave is currently $2,058, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.0% of the neighborhoods in Illinois.

W Lawrence Ave / N Marmora Ave is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

W Lawrence Ave / N Marmora Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings 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 W Lawrence Ave / N Marmora Ave 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.

Real estate vacancies in W Lawrence Ave / N Marmora Ave are 5.2%, which is lower than one will find in 65.2% of American neighborhoods. Demand for real estate in W Lawrence Ave / N Marmora Ave 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

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

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The W Lawrence Ave / N Marmora Ave neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 48.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.2% of America's neighborhoods.

In addition, 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 W Lawrence Ave / N Marmora Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Diversity

Did you know that the W Lawrence Ave / N Marmora Ave neighborhood has more Romanian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Romanian ancestry and 8.2% have Arab ancestry.

W Lawrence Ave / N Marmora Ave is also pretty special linguistically. Significantly, 14.1% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.2% 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 W Lawrence Ave / N Marmora Ave 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 57.0% of the neighborhoods in America. With 10.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.3% 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 W Lawrence Ave / N Marmora Ave neighborhood, 46.7% 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 21.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.3%), and 14.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 W Lawrence Ave / N Marmora Ave neighborhood is English, spoken by 43.5% of households. Other important languages spoken here include Spanish, Polish, Tagalog (the first language of the Philippine region) and Arabic.

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 W Lawrence Ave / N Marmora Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Polish (17.1%). There are also a number of people of Mexican ancestry (14.8%), and residents who report German roots (12.3%), and some of the residents are also of Asian ancestry (10.1%), along with some Irish ancestry residents (8.9%), among others. In addition, 36.8% 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 W Lawrence Ave / N Marmora Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (29.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (67.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.9%) and 5.8% 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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