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Real Estate Prices & Overview

Tomcat 4th Ward median real estate price is $254,572, which is more expensive than 43.0% of the neighborhoods in Illinois and 31.5% of the neighborhoods in the U.S.

The average rental price in Tomcat 4th Ward is currently $2,085, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.5% of Illinois neighborhoods.

Tomcat 4th Ward is a densely urban neighborhood (based on population density) located in Aurora, Illinois.

Tomcat 4th Ward 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 occupied by a mixture of owners and renters. Many of the residences in the Tomcat 4th Ward 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.

Real estate vacancies in Tomcat 4th Ward are 5.8%, which is lower than one will find in 60.8% of American neighborhoods. Demand for real estate in Tomcat 4th Ward is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

People

One of the really interesting characteristics about the Tomcat 4th Ward neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.3% of college-friendly places to live in the state of Illinois.

Modes of Transportation

In the Tomcat 4th Ward neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.8% of commuters carpool here, which is more than in 96.4% of all U.S. neighborhoods.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Tomcat 4th Ward neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 36.0% of the real estate here is made up of such dwellings, which is higher than 96.2% of all U.S. neighborhoods.

In addition, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Tomcat 4th Ward neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 62.6% of the residential real estate in the Tomcat 4th Ward neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.1% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Occupations

More people work in manufacturing and as laborers here in the Tomcat 4th Ward neighborhood than in 95.8% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Tomcat 4th Ward neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 65.4% of this neighborhood's residents have Mexican ancestry.

Tomcat 4th Ward is also pretty special linguistically. Significantly, 64.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.6% 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 Tomcat 4th Ward neighborhood in Aurora are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.7% of U.S. neighborhoods. With 52.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.9% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Tomcat 4th Ward neighborhood, 42.7% 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 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 13.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the Tomcat 4th Ward neighborhood is Spanish, spoken by 64.9% of households. Some people also speak English (34.0%).

Ethnicity / Ancestry

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 Tomcat 4th Ward neighborhood in Aurora, IL, residents most commonly identify their ethnicity or ancestry as Mexican (65.4%). There are also a number of people of German ancestry (7.6%), and residents who report English roots (3.1%), and some of the residents are also of Irish ancestry (2.7%), along with some Italian ancestry residents (1.7%), among others. In addition, 30.1% 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 Tomcat 4th Ward neighborhood spend between 15 and 30 minutes commuting one-way to work (40.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.7%) 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 (23.8%) . 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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