Most Expensive Park Ridge Neighborhoods
Park Ridge is a medium-sized city located in the state of Illinois. With a population of 37,856 people and ten constituent neighborhoods, Park Ridge is the 50th largest community in Illinois.
Park Ridge home prices are not only among the most expensive in Illinois, but Park Ridge real estate also consistently ranks among the most expensive in America.
Park Ridge is a decidedly white-collar city, with fully 89.27% of the workforce employed in white-collar jobs, well above the national average. Overall, Park Ridge is a city of professionals, sales and office workers and managers. There are especially a lot of people living in Park Ridge who work in management occupations (15.15%), office and administrative support (13.26%) and sales jobs (12.27%).
Also of interest is that Park Ridge has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Park Ridge is a great place for families with children to consider. First of all, many other families with children live here, making Park Ridge a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Park Ridge has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Park Ridge’s overall crime rate is lower than average for the country.
One downside of living in Park Ridge is that it can take a long time to commute to work. In Park Ridge, the average commute to work is 30.66 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative.
Like elsewhere in America, most people in Park Ridge use a private automobile to get to work. But notably, a substantial number of Park Ridge‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.
If knowledge is power, Park Ridge is a pretty powerful place. 54.02% of the adults in Park Ridge have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Park Ridge in 2010 was $45,635, which is wealthy relative to Illinois and the nation. This equates to an annual income of $182,540 for a family of four.
The people who call Park Ridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Park Ridge residents report their race to be White, followed by Asian. Important ancestries of people in Park Ridge include German, Irish, Polish, Italian, English and Greek.
The languages spoken by people in Park Ridge 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 Park Ridge is English. Other important languages spoken here include Polish, Spanish and Greek.
|PARK RIDGE INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||14,138|
|PARK RIDGE HOME OWNERSHIP|
|% OWNER OCCUPIED||81.46%|
|% RENTER OCCUPIED||18.54%|
|TYPE OF PARK RIDGE HOMES|
|SINGLE FAMILY DETACHED||72.80%|
|ROWHOUSES AND ATTACHED HOMES||2.64%|
|SMALL APARTMENT BUILDINGS||3.55%|
|COMPLEXES OR HIGH RISE APARTMENTS||20.95%|
|SIZE OF PARK RIDGE HOMES|
|5 OR MORE BEDROOMS||5.50%|
|AGE OF PARK RIDGE HOMES|
|NEWER HOMES (2000 OR LATER)||8.04%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||15.69%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||57.06%|
|HISTORIC (1939 OR BEFORE)||19.21%|
|PARK RIDGE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$437,201|
|MEDIAN RENTAL PRICE||$1,388|
|HOME VALUE RANGE|
|$0 - $54,000||1.82%|
|$54,001 - $109,000||2.08%|
|$109,001 - $218,000||7.75%|
|$218,001 - $327,000||14.85%|
|$327,001 - $435,000||26.44%|
|$435,001 - $544,000||19.46%|
|$544,001 - $816,000||19.83%|
|$816,001 - $1,088,000||5.85%|
|PEOPLE OF PARK RIDGE||DETAILS|
|UNDER 5 YEARS||4.84%|
|5 TO 17||18.54%|
|18 TO 24||7.10%|
|25 TO 34||7.05%|
|35 TO 54||29.74%|
|55 TO 64||14.19%|
|65 YEARS AND OVER||18.54%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.66%|
|MEDIAN HOUSEHOLD INCOME||$87,626|
|PER CAPITA INCOME||$45,635|
|INDIVIDUALS BELOW POVERTY LEVEL||3.96%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (13.41%)
Professional, scientific, and technical services (11.62%)
Real estate (3.46%)
Public Service (2.98%)
Information Technology (2.67%)
|BLACK OR AFRICAN AMERICAN||0.92%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.04%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.93%|
|TWO OR MORE RACES||1.05%|
|HISPANIC OR LATINO (OF ANY RACE)||6.50%|
|ETHNICITIES PRESENT||German (22.23%)
|LANGUAGES SPOKEN||English (77.43%)
Slavic languages (1.76%)
Other Indo-European (1.43%)
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