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Real Estate Prices & Overview

Lakewood Heights / Hiawatha Lodge median real estate price is $237,527, which is more expensive than 42.7% of the neighborhoods in Illinois and 30.3% of the neighborhoods in the U.S.

The average rental price in Lakewood Heights / Hiawatha Lodge is currently $2,375, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.8% of the neighborhoods in Illinois.

Lakewood Heights / Hiawatha Lodge is a suburban neighborhood (based on population density) located in Mundelein, Illinois.

Lakewood Heights / Hiawatha Lodge real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lakewood Heights / Hiawatha Lodge neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Lakewood Heights / Hiawatha Lodge has a 11.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.7% 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

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 Mundelein, the Lakewood Heights / Hiawatha Lodge neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Lakewood Heights / Hiawatha Lodge neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 60.4% of this neighborhood's residents have Mexican ancestry.

Lakewood Heights / Hiawatha Lodge is also pretty special linguistically. Significantly, 59.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.6% of all U.S. neighborhoods.

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 Lakewood Heights / Hiawatha Lodge neighborhood in Mundelein are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.7% of U.S. neighborhoods. With 15.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.4% of U.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 Lakewood Heights / Hiawatha Lodge neighborhood, 35.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.6%), and 18.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lakewood Heights / Hiawatha Lodge neighborhood is Spanish, spoken by 59.6% of households. Some people also speak English (36.2%).

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 Lakewood Heights / Hiawatha Lodge neighborhood in Mundelein, IL, residents most commonly identify their ethnicity or ancestry as Mexican (60.4%). There are also a number of people of German ancestry (6.0%), and residents who report Irish roots (5.8%), and some of the residents are also of Puerto Rican ancestry (3.9%), along with some Italian ancestry residents (3.5%), among others. In addition, 32.8% of the residents of this neighborhood were born in another country.

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 Lakewood Heights / Hiawatha Lodge neighborhood spend between 15 and 30 minutes commuting one-way to work (39.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.1%) 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 (19.2%) . 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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