Dunham Place median real estate price is $549,573, which is more expensive than 87.7% of the neighborhoods in Illinois and 71.3% of the neighborhoods in the U.S.
The average rental price in Dunham Place is currently $2,081, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.5% of the neighborhoods in Illinois.
Dunham Place is an urban neighborhood (based on population density) located in Downers Grove, Illinois.
Dunham Place real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Dunham Place neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Dunham Place are 3.6%, which is lower than one will find in 76.1% of American neighborhoods. Demand for real estate in Dunham Place is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 get around.
In a nation where 1 out of every 4 children lives in poverty, the Dunham Place neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you're nearing retirement age, or in retirement, the Dunham Place is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.5% of retiree-friendly neighborhoods in Illinois, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Illinois. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for college students.
Most neighborhoods are composed of a mixture of ages of homes, but the Dunham Place stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 95.1% of the residential real estate here was built in this one time period.
Did you know that the Dunham Place neighborhood has more Polish and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.9% of this neighborhood's residents have Polish ancestry and 1.3% have Austrian ancestry.
Dunham Place is also pretty special linguistically. Significantly, 7.9% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.
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 Dunham Place neighborhood in Downers Grove are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.1% 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.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Dunham Place neighborhood, 52.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 16.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.7%), and 15.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Dunham Place neighborhood is English, spoken by 75.4% of households. Other important languages spoken here include Langs. of India, Spanish, Chinese and Polish.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Dunham Place neighborhood in Downers Grove, IL, residents most commonly identify their ethnicity or ancestry as Asian (21.1%). There are also a number of people of German ancestry (16.8%), and residents who report Irish roots (13.8%), and some of the residents are also of Polish ancestry (12.9%), along with some Italian ancestry residents (10.0%), among others. In addition, 20.1% of the residents of this neighborhood were born in another country.
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 Dunham Place neighborhood spend between 15 and 30 minutes commuting one-way to work (35.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.0%) 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 (10.5%) and 5.4% 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.