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Real Estate Prices & Overview

Downtown Glen Ellyn median real estate price is $640,612, which is more expensive than 93.0% of the neighborhoods in Illinois and 80.8% of the neighborhoods in the U.S.

The average rental price in Downtown Glen Ellyn is currently $1,676, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.7% of Illinois neighborhoods.

Downtown Glen Ellyn is an urban neighborhood (based on population density) located in Glen Ellyn, Illinois.

Downtown Glen Ellyn 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 owner occupied. Many of the residences in the Downtown Glen Ellyn neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Downtown Glen Ellyn, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 88.3% of all neighborhoods in the U.S. This means that the housing supply in Downtown Glen Ellyn 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 Glen Ellyn, the Downtown Glen Ellyn neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

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 Downtown Glen Ellyn neighborhood: a neighborhood in which more "urban sophisticates" live than 95.4% 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 college students and highly educated executives.

Diversity

Did you know that the Downtown Glen Ellyn neighborhood has more Austrian and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Austrian ancestry and 23.5% have Irish ancestry.

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 Downtown Glen Ellyn neighborhood in Glen Ellyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.8% of the neighborhoods in America. In addition, 1.9% 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 75.9% 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 Downtown Glen Ellyn neighborhood, 62.0% 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 17.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.0%), and 9.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Downtown Glen Ellyn neighborhood is English, spoken by 90.9% of households. Some people also speak Spanish (4.7%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Downtown Glen Ellyn neighborhood in Glen Ellyn, IL, residents most commonly identify their ethnicity or ancestry as German (27.7%). There are also a number of people of Irish ancestry (23.5%), and residents who report English roots (10.9%), and some of the residents are also of Italian ancestry (9.7%), along with some Polish ancestry residents (5.0%), 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 Downtown Glen Ellyn neighborhood spend under 15 minutes commuting one-way to work (27.5% of working residents), one of the shortest commutes across America.

Here most residents (61.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (10.5%) and 5.1% of residents also carpool with coworkers, friends, or neighbors 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.


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