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
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
N Michigan Ave / E Walton St neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
N Michigan Ave / E Walton St community truly stands out from the rest in this regard.
In addition, think about the people you know personally. How many of them would
purchase box seats to opening night at the symphony? How many of them
regularly attend gallery openings, or are the first to reserve tickets
to opening night at the ballet? If they're like most of us, they don't
do any of these things. But if you're among an exclusive crowd of wealthy
and refined patrons of the arts, then you'll feel right at home in
the N Michigan Ave / E Walton St neighborhood: a neighborhood in which more
"urban sophisticates" live than 99.1% of neighborhoods
across the U.S. Here, your neighbors are defined as having urbane
tastes in literature, music, live theatre and the arts. They are wealthy,
educated, travel in style, and live a big city lifestyle whether or
not they live in or near a big city.
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for active retirees.
Also, do you like to read, write, and learn? Are you curious about the world? If
so, this neighborhood may be a good fit for you. NeighborhoodScout's research
revealed that a full 79.8% of the adults living in the
N Michigan Ave / E Walton St neighborhood have earned at least a bachelor's
degree. This is a higher rate than NeighborhoodScout found in 98.9%
of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Finally, 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: 55.1%. This
is a higher percent living alone than we found in 98.5% 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.
Notable & Unique: Modes of Transportation
More people in N Michigan Ave / E Walton St choose to walk to work each day
(36.0%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Also, our research revealed that more commuters here take the bus to work
(16.3% ride the bus) than 95.4% of all American
neighborhoods. If you like the idea of leaving your car and home and
hopping the bus to work, this might be a good neighborhood for you to
Notable & Unique: Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 62,419 people per square mile, it is more densely populated than 99.0% of America's neighborhoods.
In addition, one of the really unique and interesting things about the look and setting of the N Michigan Ave / E Walton St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.7% 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 99.5% of all neighborhoods in America.
Furthermore, the N Michigan Ave / E Walton 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 81.2% 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.
Notable & Unique: Diversity
Did you know that the N Michigan Ave / E Walton St neighborhood has more
Yugoslav and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.6% of
this neighborhood's residents have Yugoslav ancestry and 2.1% have Eastern European ancestry.
N Michigan Ave / E Walton St is also pretty special linguistically. Significantly, 4.5% of its residents five years old and above primarily
speak French at home. While this may seem like a small percentage, it is higher
than 99.1% of the neighborhoods in America.
Notable & Unique: Car Ownership
Most American households own a car or other vehicle. Many own two cars
or perhaps three. In the United States, it is useful to have an automobile
not only for commuting, but also for shopping and getting to other services
one needs. But NeighborhoodScout's analysis revealed that households in
the N Michigan Ave / E Walton St neighborhood have a highly unusual car ownership.
44.6% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
98.2% of U.S. neighborhoods.
Notable & Unique: Occupations
The N Michigan Ave / E Walton St neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
97.8% of the neighborhoods in American. In fact, 69.3%
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.