Lincoln Park median real estate price is $117,293, which is less expensive than 89.1% of Illinois neighborhoods and 92.9% of all U.S. neighborhoods.
The average rental price in Lincoln Park is currently $1,470, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.7% of Illinois neighborhoods.
Lincoln Park is a suburban neighborhood (based on population density) located in Springfield, Illinois.
Lincoln Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lincoln Park 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 1940 and 1969.
Lincoln Park has a 15.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.6% 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Significantly, 8.2% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.0% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Lincoln Park neighborhood. More residents of the Lincoln Park neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Lincoln Park neighborhood in Springfield are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.2% of U.S. neighborhoods. With 48.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.3% of U.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 Lincoln Park neighborhood, 33.4% 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 32.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.1%), and 14.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Lincoln Park neighborhood is English, spoken by 98.2% of households. Some people also speak Italian (8.2%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Lincoln Park neighborhood in Springfield, IL, residents most commonly identify their ethnicity or ancestry as German (13.3%). There are also a number of people of Irish ancestry (11.0%), and residents who report English roots (9.3%), and some of the residents are also of Italian ancestry (8.6%), along with some Scots-Irish ancestry residents (2.6%), 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 Lincoln Park neighborhood spend under 15 minutes commuting one-way to work (52.1% of working residents), one of the shortest commutes across America.
Here most residents (82.1%) 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.