640 Vital Statistics. 24 Condition Alerts found.
Coleman / Five Island Park median real estate price is $359,649, which is more expensive than 82.5% of the neighborhoods in Illinois and 72.1% of the neighborhoods in the U.S.
The average rental price in Coleman / Five Island Park is currently $1,837, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.5% of the neighborhoods in Illinois.
Coleman / Five Island Park is a suburban neighborhood (based on population density) located in South Elgin, Illinois.
Coleman / Five Island Park 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 Coleman / Five Island Park 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 Coleman / Five Island Park, the current vacancy rate is 0.6%, which is a lower rate of vacancies than 96.1% of all neighborhoods in the U.S. This means that the housing supply in Coleman / Five Island Park is very tight compared to the demand for property here.
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 South Elgin, the Coleman / Five Island Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
According to NeighborhoodScout's exclusive analysis, Coleman / Five Island Park is among the best neighborhoods for families in Illinois. In fact, this neighborhood is more family-friendly than 99.1% of neighborhoods in the entire state of Illinois. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Coleman / Five Island Park neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
In addition, 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 Coleman / Five Island Park neighborhood is wealthier than 96.1% 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.
One way that the Coleman / Five Island Park neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.8% 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 Coleman / Five Island Park neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.8% of neighborhoods in America. With a real estate vacancy rate of only 0.6%, the Coleman / Five Island Park neighborhood has a lower vacancy rate than 96.1% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Our research reveals that 94.1% of commuters who live in the Coleman / Five Island Park neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.1% of U.S. neighborhoods.
Did you know that the Coleman / Five Island Park neighborhood has more Swedish and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Swedish ancestry and 4.1% have Dutch ancestry.
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 Coleman / Five Island Park neighborhood in South Elgin 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 96.1% of the neighborhoods in America. In addition, 1.2% 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 84.8% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Coleman / Five Island Park neighborhood, 51.1% 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 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.1%), and 9.4% in manufacturing and laborer 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 Coleman / Five Island Park neighborhood is English, spoken by 89.5% 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 Coleman / Five Island Park neighborhood in South Elgin, IL, residents most commonly identify their ethnicity or ancestry as German (34.1%). There are also a number of people of Irish ancestry (16.0%), and residents who report Italian roots (13.9%), and some of the residents are also of Polish ancestry (9.9%), along with some Asian ancestry residents (6.5%), among others.
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 Coleman / Five Island Park neighborhood spend under 15 minutes commuting one-way to work (25.7% of working residents), one of the shortest commutes across America.
Here most residents (94.1%) drive alone in a private automobile to get to work. 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
44 Vital Statistics. 6 Condition Alerts found.
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: 2017 (latest available). Updated annually.
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
136 Vital Statistics. 0 Condition Alerts found.
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2017 calendar year; released from FBI in Sept. 2018 (latest available). Updated annually. Where is 2018 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
67 Vital Statistics. 6 Condition Alerts found.
Crime | |
---|---|
Coleman / Five Island Park | 0.101011101001110 |
South Elgin | 0.101011101001110 |
Illinois | 4.39 |
Crime | |
---|---|
Coleman / Five Island Park | 0.101011101001110 |
South Elgin | 0.101011101001110 |
Illinois | 20.11 |
Crime | |
---|---|
Coleman / Five Island Park | 0.101011101001110 |
South Elgin | 0.101011101001110 |
Illinois | 34 |
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
65 Vital Statistics. 8 Condition Alerts found.
GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT
SEE ALL SCHOOLSDiscipline | District | State |
---|---|---|
Proficiency in Reading and Math | 0.101011101001110 | 0.101011101001110 |
Proficiency in Reading | 0.101011101001110 | 0.101011101001110 |
Proficiency in Math | 0.101011101001110 | 0.101011101001110 |
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
328 Vital Statistics. 4 Condition Alerts found.
Time Period | Total Appreciation | Avg. Annual Rate |
Compared To
Metro* |
Compared To
America* |
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3 Year Forecast:
2019 Q3 - 2022 Q3 |
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Latest Quarter:
2019 Q1 - 2019 Q2 |
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Last 12 Months:
2018 Q2 - 2019 Q2 |
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Last 2 Years:
2017 Q2 - 2019 Q2 |
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Last 5 Years:
2014 Q2 - 2019 Q2 |
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Last 10 Years:
2009 Q2 - 2019 Q2 |
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Since 2000:
2000 Q1 - 2019 Q2 |
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* 10 is highest |
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