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Real Estate Prices & Overview

Amber Fields / Lakewood Valley median real estate price is $368,157, which is more expensive than 65.5% of the neighborhoods in Illinois and 50.2% of the neighborhoods in the U.S.

The average rental price in Amber Fields / Lakewood Valley is currently $3,719, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.7% of the neighborhoods in Illinois.

Amber Fields / Lakewood Valley is a suburban neighborhood (based on population density) located in Aurora, Illinois.

Amber Fields / Lakewood Valley 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 Amber Fields / Lakewood Valley neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Amber Fields / Lakewood Valley, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Amber Fields / Lakewood Valley is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Amber Fields / Lakewood Valley neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, if you love row houses and attached homes, you will probably really like the Amber Fields / Lakewood Valley neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 24.6% of the residential real estate here is classified as row houses and attached homes.

Furthermore, one way that the Amber Fields / Lakewood Valley neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.3% 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.

Modes of Transportation

A unique way of commuting is simply not to. And in the Amber Fields / Lakewood Valley neighborhood, analysis shows that 31.5% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.6% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

People

The Amber Fields / Lakewood Valley neighborhood stands out within Illinois for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.2% of college-friendly places to live in IL. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives, families with school-aged children and first-time home buyers.

Diversity

Did you know that the Amber Fields / Lakewood Valley neighborhood has more Lithuanian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Lithuanian ancestry and 2.5% have Yugoslav ancestry.

Amber Fields / Lakewood Valley is also pretty special linguistically. Significantly, 5.4% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.

The Neighbors

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 Amber Fields / Lakewood Valley neighborhood in Aurora 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 88.8% of the neighborhoods in America. With 11.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.5% 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 Amber Fields / Lakewood Valley neighborhood, 57.2% 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 19.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.6%), and 8.7% in clerical, assistant, and tech support occupations.

Languages

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 Amber Fields / Lakewood Valley neighborhood is English, spoken by 74.5% of households. Other important languages spoken here include Spanish and Langs. of India.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Amber Fields / Lakewood Valley neighborhood in Aurora, IL, residents most commonly identify their ethnicity or ancestry as German (18.2%). There are also a number of people of Mexican ancestry (15.5%), and residents who report Polish roots (12.7%), and some of the residents are also of Italian ancestry (12.4%), along with some Irish ancestry residents (10.1%), among others. In addition, 13.7% 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 Amber Fields / Lakewood Valley neighborhood spend between 45 minutes and one hour commuting one-way to work (28.4% of working residents), longer and tougher than most commutes in America.

Here most residents (61.2%) 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.


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