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Real Estate Prices & Overview

Danville Northeast median real estate price is $49,041, which is less expensive than 98.4% of Illinois neighborhoods and 98.9% of all U.S. neighborhoods.

The average rental price in Danville Northeast is currently $1,282, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.5% of Illinois neighborhoods.

Danville Northeast is a suburban neighborhood (based on population density) located in Danville, Illinois.

Danville Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Danville Northeast 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.

Danville Northeast has a 13.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Danville, the Danville Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Divorcees may find friendship and understanding in this neighborhood, as 24.6% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 98.9% of the neighborhoods in America.

In addition, one of the unique characteristics of the Danville Northeast neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.1% of the neighborhoods in America.

Also, the Danville Northeast neighborhood is unique for having just 4.9% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.3% of America's neighborhoods.

Real Estate

If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 63.7% of the residential real estate in the Danville Northeast neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

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 Danville Northeast neighborhood in Danville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.1% of U.S. neighborhoods. With 30.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.4% 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 Danville Northeast neighborhood, 30.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 25.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.9%), and 14.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the Danville Northeast neighborhood is English, spoken by 88.8% of households. Some people also speak Spanish (11.2%).

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 Danville Northeast neighborhood in Danville, IL, residents most commonly identify their ethnicity or ancestry as Mexican (15.1%). There are also a number of people of German ancestry (10.4%), and residents who report Irish roots (4.0%), and some of the residents are also of Sub-Saharan African ancestry (3.8%), along with some African ancestry residents (3.8%), among others.

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 Danville Northeast neighborhood spend under 15 minutes commuting one-way to work (51.9% of working residents), one of the shortest commutes across America.

Here most residents (87.7%) 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 (7.7%) . 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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