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: People
In a nation where 1 out of every 4 children lives in poverty, the
W Lawrence Ave / N Wolcott Ave neighborhood stands out as being ranked among
the lowest 0.1% of neighborhoods affected by this global
In addition, 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: 54.2%. This
is a higher percent living alone than we found in 98.3% 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.
Also, the rate of college educated adults in the W Lawrence Ave / N Wolcott Ave neighborhood
is a unique characteristic of the neighborhood. 66.9% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
95.3% of all U.S. neighborhoods.
Notable & Unique: Modes of Transportation
In the W Lawrence Ave / N Wolcott Ave neighborhood, 43.5% of people
ride the train to work each day. This is a very high percentage compared
to most places. In fact, NeighborhoodScout's analysis reveals that this
is a higher level of train ridership than in 98.4% of the
neighborhoods in America.
Also, if your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 3.4% of residents in
the W Lawrence Ave / N Wolcott Ave neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
95.3% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Notable & Unique: Diversity
Did you know that the W Lawrence Ave / N Wolcott Ave neighborhood has more
Swedish and Ukrainian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.3% of
this neighborhood's residents have Swedish ancestry and 1.5% have Ukrainian ancestry.
Notable & Unique: Real Estate
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the W Lawrence Ave / N Wolcott Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, renter-occupied real estate is dominant in the W Lawrence Ave / N Wolcott Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 83.9%, which is higher than 95.4% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. With a real estate vacancy rate of only 0.0%, the W Lawrence Ave / N Wolcott Ave neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Furthermore, the W Lawrence Ave / N Wolcott Ave 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 87.3% 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.
Also of note, the real estate in the W Lawrence Ave / N Wolcott Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 79.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.2% of American neighborhoods.
Notable & Unique: Occupations
Executives, managers and professionals make up 63.9% of the workforce
in the W Lawrence Ave / N Wolcott Ave neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 95.5% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.