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Real Estate Prices & Overview

Summit Enclave / Cortland Estates median real estate price is $301,472, which is more expensive than 51.6% of the neighborhoods in Illinois and 38.6% of the neighborhoods in the U.S.

The average rental price in Summit Enclave / Cortland Estates is currently $2,006, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.5% of Illinois neighborhoods.

Summit Enclave / Cortland Estates is a rural neighborhood (based on population density) located in DeKalb, Illinois.

Summit Enclave / Cortland Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Summit Enclave / Cortland Estates neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Summit Enclave / Cortland Estates are 4.8%, which is lower than one will find in 68.2% of American neighborhoods. Demand for real estate in Summit Enclave / Cortland Estates 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

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.

Diversity

Did you know that the Summit Enclave / Cortland Estates neighborhood has more Irish and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.2% of this neighborhood's residents have Irish ancestry and 6.2% have Swedish 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 Summit Enclave / Cortland Estates neighborhood in DeKalb are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.2% of the neighborhoods in America. With 26.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.0% 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 Summit Enclave / Cortland Estates neighborhood, 33.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.7%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Summit Enclave / Cortland Estates neighborhood is English, spoken by 78.5% of households. Some people also speak Spanish (17.3%).

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 Summit Enclave / Cortland Estates neighborhood in DeKalb, IL, residents most commonly identify their ethnicity or ancestry as German (31.7%). There are also a number of people of Irish ancestry (28.2%), and residents who report Mexican roots (14.9%), and some of the residents are also of Swedish ancestry (6.2%), along with some Polish ancestry residents (5.6%), among others.

Getting to Work

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 Summit Enclave / Cortland Estates neighborhood spend under 15 minutes commuting one-way to work (45.1% of working residents), one of the shortest commutes across America.

Here most residents (78.2%) 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 (17.2%) . 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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