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Real Estate Prices & Overview

Baker Woods median real estate price is $192,692, which is less expensive than 64.6% of Illinois neighborhoods and 75.6% of all U.S. neighborhoods.

The average rental price in Baker Woods is currently $1,602, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.3% of Illinois neighborhoods.

Baker Woods is a suburban neighborhood (based on population density) located in Decatur, Illinois.

Baker Woods real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Baker Woods neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Baker Woods, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Baker Woods is very tight compared to the demand for property here.

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

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Baker Woods neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

Diversity

Significantly, 2.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 95.3% of the neighborhoods in America.

The Neighbors

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 Baker Woods neighborhood in Decatur are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 63.1% of the neighborhoods in America. With 11.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.0% 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 Baker Woods neighborhood, 37.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 36.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.5%), and 13.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Baker Woods neighborhood is English, spoken by 89.8% of households. Some people also speak African languages (2.0%).

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 Baker Woods neighborhood in Decatur, IL, residents most commonly identify their ethnicity or ancestry as German (19.7%). There are also a number of people of English ancestry (9.7%), and residents who report Irish roots (8.6%), and some of the residents are also of Sub-Saharan African ancestry (8.0%), along with some African ancestry residents (4.4%), among others.

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 Baker Woods neighborhood spend under 15 minutes commuting one-way to work (54.9% of working residents), one of the shortest commutes across America.

Here most residents (83.0%) drive alone in a private automobile to get to work. 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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