S Western Ave / W 24th St median real estate price is $398,421, which is more expensive than 71.0% of the neighborhoods in Illinois and 54.9% of the neighborhoods in the U.S.
The average rental price in S Western Ave / W 24th St is currently $2,169, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.2% of the neighborhoods in Illinois.
S Western Ave / W 24th St is an urban neighborhood (based on population density) located in Chicago, Illinois.
S Western Ave / W 24th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the S Western Ave / W 24th St 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 S Western Ave / W 24th St are 4.2%, which is lower than one will find in 72.4% of American neighborhoods. Demand for real estate in S Western Ave / W 24th St 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.
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.
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 S Western Ave / W 24th St 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 57.4% of the real estate here is made up of such dwellings, which is higher than 99.0% of all U.S. neighborhoods.
In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The S Western Ave / W 24th St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 57.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.9% of the neighborhoods in the United States.
In the S Western Ave / W 24th St neighborhood, 11.4% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 95.5% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work (10.7% ride the bus) than 95.2% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Did you know that the S Western Ave / W 24th St neighborhood has more Mexican and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 62.2% of this neighborhood's residents have Mexican ancestry and 2.2% have British ancestry.
S Western Ave / W 24th St is also pretty special linguistically. Significantly, 66.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% of all U.S. neighborhoods.
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 S Western Ave / W 24th St neighborhood in Chicago are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.0% of the neighborhoods in America. With 13.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.8% 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 S Western Ave / W 24th St neighborhood, 51.1% 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 26.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.5%), and 9.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the S Western Ave / W 24th St neighborhood is Spanish, spoken by 66.0% of households. Some people also speak English (29.8%).
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 S Western Ave / W 24th St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (62.2%). There are also a number of people of Puerto Rican ancestry (5.8%), and residents who report Italian roots (4.4%), and some of the residents are also of Asian ancestry (3.3%), along with some German ancestry residents (2.8%), among others. In addition, 26.6% of the residents of this neighborhood were born in another country.
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 S Western Ave / W 24th St neighborhood spend between 15 and 30 minutes commuting one-way to work (36.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (42.4%) 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 (15.0%) and 11.4% of residents also take the train for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.