640 Vital Statistics. 29 Condition Alerts found.
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N Sheridan Rd / W Balmoral Ave median real estate price is $265,510, which is more expensive than 68.7% of the neighborhoods in Illinois and 59.0% of the neighborhoods in the U.S.
The average rental price in N Sheridan Rd / W Balmoral Ave is currently $1,464, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.8% of the neighborhoods in Illinois.
N Sheridan Rd / W Balmoral Ave is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
N Sheridan Rd / W Balmoral Ave 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the N Sheridan Rd / W Balmoral Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
N Sheridan Rd / W Balmoral Ave has a 11.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.5% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (5.9%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
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.
In a nation where 1 out of every 4 children lives in poverty, the N Sheridan Rd / W Balmoral Ave neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 3.2% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.1% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the N Sheridan Rd / W Balmoral Ave neighborhood should definitely be on your list of places to consider.
Also, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 36.9% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 97.0% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
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 508,698 people per square mile, it is more densely populated than 100.0% of America's neighborhoods.
In addition, the N Sheridan Rd / W Balmoral 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 96.6% 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, one of the really unique and interesting things about the look and setting of the N Sheridan Rd / W Balmoral Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.8% 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 99.5% of all neighborhoods in America.
More people ride the bus in this neighborhood each day to get to work than 98.7% of U.S. neighborhoods.
Also, in the N Sheridan Rd / W Balmoral Ave neighborhood, 15.6% 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 95.4% of the neighborhoods in America.
Executives, managers and professionals make up 69.5% of the workforce in the N Sheridan Rd / W Balmoral Ave neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.5% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Did you know that the N Sheridan Rd / W Balmoral Ave neighborhood has more Iranian and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Iranian ancestry and 3.1% have Croatian ancestry.
N Sheridan Rd / W Balmoral Ave is also pretty special linguistically. Significantly, 4.0% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the N Sheridan Rd / W Balmoral Ave neighborhood. What is interesting to note, is that the N Sheridan Rd / W Balmoral Ave neighborhood has a greater percentage of residents born in another country (42.9%) than are found in 95.4% of all U.S. neighborhoods.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the N Sheridan Rd / W Balmoral Ave neighborhood in Chicago are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 N Sheridan Rd / W Balmoral Ave neighborhood, 69.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 19.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.1%), and 3.5% in government jobs, whether they are in local, state, or federal positions.
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 N Sheridan Rd / W Balmoral Ave neighborhood is English, spoken by 46.3% of households. Other important languages spoken here include Spanish, Chinese, Langs. of India and African languages.
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 N Sheridan Rd / W Balmoral Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Asian (23.2%). There are also a number of people of Polish ancestry (11.1%), and residents who report German roots (6.8%), and some of the residents are also of Sub-Saharan African ancestry (5.1%), along with some Italian ancestry residents (5.1%), among others. In addition, 42.9% of the residents of this neighborhood were born in another country.
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 N Sheridan Rd / W Balmoral Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (42.4% of working residents), longer and tougher than most commutes in America.
Here most residents (52.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (26.8%) and 15.6% 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.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
44 Vital Statistics. 5 Condition Alerts found.
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2017 (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.
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2018 calendar year; released from FBI in Sept. 2019 (latest available). Updated annually. Where is 2019 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. 2 Condition Alerts found.
| Crime | |
|---|---|
| N Sheridan Rd / W Balmoral Ave | 0.101011101001110 |
| Chicago | 0.101011101001110 |
| Illinois | 4.04 |
| Crime | |
|---|---|
| N Sheridan Rd / W Balmoral Ave | 0.101011101001110 |
| Chicago | 0.101011101001110 |
| Illinois | 19.33 |
| Crime | |
|---|---|
| N Sheridan Rd / W Balmoral Ave | 0.101011101001110 |
| Chicago | 0.101011101001110 |
| Illinois | 33 |
Analytics built by: Location, Inc.
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. 7 Condition Alerts found.
GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT
SEE ALL SCHOOLS| 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 |
Analytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
328 Vital Statistics. 13 Condition Alerts found.
| Time Period | Total Appreciation | Avg. Annual Rate |
Compared To
Metro* |
Compared To
America* |
|---|---|---|---|---|
|
3 Year Forecast:
2019 Q4 - 2022 Q4 |
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Latest Quarter:
2019 Q2 - 2019 Q3 |
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Last 12 Months:
2018 Q3 - 2019 Q3 |
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Last 2 Years:
2017 Q3 - 2019 Q3 |
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Last 5 Years:
2014 Q3 - 2019 Q3 |
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Last 10 Years:
2009 Q3 - 2019 Q3 |
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Since 2000:
2000 Q1 - 2019 Q3 |
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| * 10 is highest | ||||
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