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Real Estate Prices & Overview

Bull Valley median real estate price is $593,309, which is more expensive than 87.3% of the neighborhoods in Illinois and 72.8% of the neighborhoods in the U.S.

The average rental price in Bull Valley is currently $3,634, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.6% of the neighborhoods in Illinois.

Bull Valley is a rural neighborhood (based on population density) located in Crystal Lake, Illinois.

Bull 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 Bull Valley neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Bull Valley are 4.9%, which is lower than one will find in 67.0% of American neighborhoods. Demand for real estate in Bull Valley 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

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Crystal Lake, the Bull Valley neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Real estate in the Bull Valley 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 99.2% 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.

In addition, one way that the Bull Valley neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.1% 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.

People

A majority of the adults in the Bull Valley neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Illinois by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.4% of the neighborhoods in Illinois. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

Diversity

Did you know that the Bull Valley neighborhood has more Lithuanian and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Lithuanian ancestry and 25.3% have Irish ancestry.

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 Bull Valley neighborhood in Crystal Lake 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 93.9% of the neighborhoods in America. In addition, 3.7% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 68.8% of America'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 Bull Valley neighborhood, 63.9% 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 15.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.5%), and 9.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Bull Valley neighborhood is English, spoken by 87.3% of households.

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 Bull Valley neighborhood in Crystal Lake, IL, residents most commonly identify their ethnicity or ancestry as German (32.0%). There are also a number of people of Irish ancestry (25.3%), and residents who report Italian roots (13.9%), and some of the residents are also of English ancestry (11.7%), along with some Polish ancestry residents (10.0%), among others.

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 Bull Valley neighborhood spend between 15 and 30 minutes commuting one-way to work (28.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (5.8%) . 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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