Oak Knoll / Druce Lake median real estate price is $484,617, which is more expensive than 84.3% of the neighborhoods in Illinois and 69.3% of the neighborhoods in the U.S.
The average rental price in Oak Knoll / Druce Lake is currently $3,696, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.6% of the neighborhoods in Illinois.
Oak Knoll / Druce Lake is a suburban neighborhood (based on population density) located in Gurnee, Illinois.
Oak Knoll / Druce Lake 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 Oak Knoll / Druce Lake neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Oak Knoll / Druce Lake, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 88.5% of all neighborhoods in the U.S. This means that the housing supply in Oak Knoll / Druce Lake is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Oak Knoll / Druce Lake neighborhood is wealthier than 97.7% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Oak Knoll / Druce Lake also has one of the lowest ratings of child poverty in the nation.
In addition, a majority of the adults in the Oak Knoll / Druce Lake neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Illinois by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.9% of the neighborhoods in Illinois. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates and families with school-aged children.
One way that the Oak Knoll / Druce Lake neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.8% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, owner-occupied real estate dominates the Oak Knoll / Druce Lake neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.8% of neighborhoods in America.
Furthermore, the Oak Knoll / Druce Lake neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.6% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.8% of all neighborhoods in America.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Oak Knoll / Druce Lake 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, 81.0% of the residential real estate here was built in this one time period.
Did you know that the Oak Knoll / Druce Lake neighborhood has more Greek and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Greek ancestry and 10.2% have Polish ancestry.
Oak Knoll / Druce Lake is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.4% 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 Oak Knoll / Druce Lake neighborhood in Gurnee are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 97.7% 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.
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 Oak Knoll / Druce Lake neighborhood, 58.0% 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 21.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.9%), and 9.4% in clerical, assistant, and tech support occupations.
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 Oak Knoll / Druce Lake neighborhood is English, spoken by 78.4% of households. Other important languages spoken here include Spanish and Langs. of India.
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 Oak Knoll / Druce Lake neighborhood in Gurnee, IL, residents most commonly identify their ethnicity or ancestry as German (22.0%). There are also a number of people of Asian ancestry (11.8%), and residents who report Irish roots (11.7%), and some of the residents are also of Polish ancestry (10.2%), along with some Italian ancestry residents (9.3%), among others. In addition, 14.2% of the residents of this neighborhood were born in another country.
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 Oak Knoll / Druce Lake neighborhood spend between 15 and 30 minutes commuting one-way to work (35.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (79.1%) 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 (7.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2020 (latest available). Updated annually. Please note: Unemployment data updated November 2022.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). Updated annually. Where is 2022 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
| School Details | Grades | Quality Rating Compared to IL* | Quality Rating Compared to Nation* |
|---|---|---|---|
|
Grayslake Middle School
440 Barron Blvd Grayslake, IL 60030 |
07-08 | ||
|
Frederick School
595 Frederick Rd Grayslake, IL 60030 |
05-06 | ||
|
Avon Center Elem School
1617 Il Route 83 Round Lake Beach, IL 60073 |
KG-04 | ||
|
Grayslake North High School
1925 N Il Route 83 Grayslake, IL 60030 |
09-12 | ||
|
Warren Township High School
34090 N Almond Rd Gurnee, IL 60031 |
09-12 | ||
|
Woodland Primary School
17366 W Gages Lake Rd Gages Lake, IL 60030 |
PK-KG | ||
|
Woodland Elementary School
17261 W Gages Lake Rd Gages Lake, IL 60030 |
01-03 | ||
|
Woodland Middle School
7000 Washington St Gurnee, IL 60031 |
06-08 | ||
|
Woodland Intermediate School
1115 N Hunt Club Rd Gurnee, IL 60031 |
03-05 | ||
| * 10 is highest | |||
Analytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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