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Real Estate Prices & Overview

Belvidere Heights median real estate price is $179,160, which is less expensive than 71.8% of Illinois neighborhoods and 81.4% of all U.S. neighborhoods.

The average rental price in Belvidere Heights is currently $2,114, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.6% of the neighborhoods in Illinois.

Belvidere Heights is an urban neighborhood (based on population density) located in Waukegan, Illinois.

Belvidere Heights real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Belvidere Heights neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Belvidere Heights, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.7% of all neighborhoods in the U.S. This means that the housing supply in Belvidere Heights 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.

Occupations

NeighborhoodScout's exclusive research identifies the Belvidere Heights neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 43.4% of its working residents employed in such fields, which is a higher proportion than 96.3% of American neighborhoods.

Diversity

Did you know that the Belvidere Heights neighborhood has more Mexican and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 78.3% of this neighborhood's residents have Mexican ancestry and 0.3% have Yugoslav ancestry.

Belvidere Heights is also pretty special linguistically. Significantly, 79.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.5% 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 Belvidere Heights neighborhood in Waukegan are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.3% of U.S. neighborhoods. With 41.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.8% of U.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 Belvidere Heights neighborhood, 43.4% of the working population is employed in manufacturing and laborer 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 27.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.7%), and 9.8% in executive, management, and professional occupations.

Languages

The most common language spoken in the Belvidere Heights neighborhood is Spanish, spoken by 79.4% of households. Some people also speak English (20.1%).

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 Belvidere Heights neighborhood in Waukegan, IL, residents most commonly identify their ethnicity or ancestry as Mexican (78.3%). There are also a number of people of Puerto Rican ancestry (3.8%), and residents who report Irish roots (2.4%), and some of the residents are also of German ancestry (1.9%), along with some English ancestry residents (1.2%), among others. In addition, 39.8% of the residents of this neighborhood were born in another country.

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 Belvidere Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (41.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.6%) 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 (20.2%) . 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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