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Real Estate Prices & Overview

Downtown Glen Ellyn median real estate price is $712,034, which is more expensive than 94.2% of the neighborhoods in Illinois and 82.8% of the neighborhoods in the U.S.

The average rental price in Downtown Glen Ellyn is currently $1,722, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.4% 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 between 1970 and 1999.

In Downtown Glen Ellyn, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 92.4% 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

The rate of college educated adults in the Downtown Glen Ellyn neighborhood is a unique characteristic of the neighborhood. 72.6% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.1% of all U.S. neighborhoods.

Diversity

Did you know that the Downtown Glen Ellyn neighborhood has more Irish and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.6% of this neighborhood's residents have Irish ancestry and 3.3% have Scots-Irish ancestry.

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 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 70.6% of the neighborhoods in America. In addition, 0.9% 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 79.1% of America'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 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 16.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.5%), and 8.0% 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 (4.6%).

Ethnicity / Ancestry

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 Downtown Glen Ellyn neighborhood in Glen Ellyn, IL, residents most commonly identify their ethnicity or ancestry as German (26.8%). There are also a number of people of Irish ancestry (24.6%), and residents who report English roots (10.8%), and some of the residents are also of Italian ancestry (8.1%), along with some Polish ancestry residents (8.0%), 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 Downtown Glen Ellyn neighborhood spend under 15 minutes commuting one-way to work (30.8% of working residents), one of the shortest commutes across America.

Here most residents (55.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (7.6%) and 7.3% 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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