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Real Estate Prices & Overview

Southeast Hinsdale / Northeast Hinsdale median real estate price is $1,940,623, which is more expensive than 99.9% of the neighborhoods in Illinois and 98.9% of the neighborhoods in the U.S.

The average rental price in Southeast Hinsdale / Northeast Hinsdale is currently $3,260, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.6% of the neighborhoods in Illinois.

Southeast Hinsdale / Northeast Hinsdale is a suburban neighborhood (based on population density) located in Hinsdale, Illinois.

Southeast Hinsdale / Northeast Hinsdale real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Southeast Hinsdale / Northeast Hinsdale neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 2000 and the present.

Southeast Hinsdale / Northeast Hinsdale has a 10.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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.

People

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 Southeast Hinsdale / Northeast Hinsdale neighborhood is wealthier than 99.7% 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, Southeast Hinsdale / Northeast Hinsdale also has one of the lowest ratings of child poverty in the nation.

In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Southeast Hinsdale / Northeast Hinsdale neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.9% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Southeast Hinsdale / Northeast Hinsdale neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for families with school-aged children and highly educated executives.

Also, the rate of college educated adults in the Southeast Hinsdale / Northeast Hinsdale neighborhood is a unique characteristic of the neighborhood. 90.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.7% of all U.S. neighborhoods.

Finally, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.0% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Southeast Hinsdale / Northeast Hinsdale neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Real Estate

One way that the Southeast Hinsdale / Northeast Hinsdale neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.9% 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, the Southeast Hinsdale / Northeast Hinsdale 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 97.4% 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 95.1% of all neighborhoods in America.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 25.4% of the Southeast Hinsdale / Northeast Hinsdale neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.6% of America's neighborhoods.

Diversity

Did you know that the Southeast Hinsdale / Northeast Hinsdale neighborhood has more Hungarian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Hungarian ancestry and 4.6% have Swedish 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 Southeast Hinsdale / Northeast Hinsdale neighborhood in Hinsdale 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 99.7% 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.

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 Southeast Hinsdale / Northeast Hinsdale neighborhood, 59.0% 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 33.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.4%), and 2.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Southeast Hinsdale / Northeast Hinsdale neighborhood is English, spoken by 92.1% of households. Some people also speak Langs. of India (2.9%).

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 Southeast Hinsdale / Northeast Hinsdale neighborhood in Hinsdale, IL, residents most commonly identify their ethnicity or ancestry as Irish (22.4%). There are also a number of people of German ancestry (19.9%), and residents who report Italian roots (13.4%), and some of the residents are also of English ancestry (12.7%), along with some Asian ancestry residents (8.7%), 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 Southeast Hinsdale / Northeast Hinsdale neighborhood spend between 45 minutes and one hour commuting one-way to work (27.3% of working residents), longer and tougher than most commutes in America.

Here most residents (47.0%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (25.4%) . 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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