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Real Estate Prices & Overview

Southgate / Carson median real estate price is $272,272, which is more expensive than 51.0% of the neighborhoods in Illinois and 37.3% of the neighborhoods in the U.S.

The average rental price in Southgate / Carson is currently $2,220, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.3% of the neighborhoods in Illinois.

Southgate / Carson is a suburban neighborhood (based on population density) located in Homewood, Illinois.

Southgate / Carson real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Southgate / Carson neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Southgate / Carson, the current vacancy rate is 0.5%, which is a lower rate of vacancies than 92.9% of all neighborhoods in the U.S. This means that the housing supply in Southgate / Carson is very tight compared to the demand for property here.

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

For many reasons, Southgate / Carson is rated by NeighborhoodScout as one of the top 3.6% of ideal neighborhoods for first-time home buyers in the state of Illinois. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other IL neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.

Diversity

Did you know that the Southgate / Carson neighborhood has more Lithuanian and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Lithuanian ancestry and 1.7% have Slovak ancestry.

Southgate / Carson is also pretty special linguistically. Significantly, 9.8% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.

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 Southgate / Carson neighborhood in Homewood are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.3% of the neighborhoods in America. In addition, 0.5% 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 80.0% 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 Southgate / Carson neighborhood, 41.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.7%), and 16.3% in clerical, assistant, and tech support occupations.

Languages

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 Southgate / Carson neighborhood is English, spoken by 91.7% of households. Other important languages spoken here include Polish and Spanish.

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 Southgate / Carson neighborhood in Homewood, IL, residents most commonly identify their ethnicity or ancestry as German (17.6%). There are also a number of people of Irish ancestry (16.1%), and residents who report Mexican roots (11.9%), and some of the residents are also of English ancestry (8.7%), along with some Polish ancestry residents (8.0%), 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 Southgate / Carson neighborhood spend under 15 minutes commuting one-way to work (33.7% of working residents), one of the shortest commutes across America.

Here most residents (68.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (6.6%) and 6.2% 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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