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
Notable & Unique: Diversity
Did you know that the Geneva Road neighborhood has more
Ukrainian and Polish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.3% of
this neighborhood's residents have Ukrainian ancestry and 14.7% have Polish ancestry.
Geneva Road is also pretty special linguistically. Significantly, 0.3% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 95.9% of the neighborhoods in America.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
More residents of the Geneva Road neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 98.6% 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.
Notable & Unique: People
The Geneva Road neighborhood is considered a solid choice
for executive lifestyles. NeighborhoodScout's analysis ranks it as
better than 92.3% of Illinois neighborhoods
for executive living, based on the wealthy, educated professionals,
executives, and managers who choose to reside here, the spacious homes
that are prominent features of the real estate in the neighborhood,
and the high real estate appreciation rates found here relative to
other neighborhoods in the state.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates.
Notable & Unique: Real Estate
In addition, real estate in the Geneva Road neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.0% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 0.0%, the Geneva Road neighborhood has a lower vacancy rate than 100.0% 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.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Geneva Road stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.9% of the residential real estate here was built in this one time period.