Kennedy median real estate price is $901,281, which is more expensive than 94.8% of the neighborhoods in Illinois and 85.2% of the neighborhoods in the U.S.
The average rental price in Kennedy is currently $2,995, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.8% of the neighborhoods in Illinois.
Kennedy is a rural neighborhood (based on population density) located in Lake Forest, Illinois.
Kennedy real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Kennedy neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Kennedy has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Lake Forest, the Kennedy neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you are planning to retire in Illinois, this neighborhood should be on your must-see list. For many reasons, Kennedy may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Illinois, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.8% of neighborhoods in IL. If a Illinois retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.
In addition, the rate of college educated adults in the Kennedy neighborhood is a unique characteristic of the neighborhood. 78.4% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.3% of all U.S. neighborhoods.
In the Kennedy neighborhood, 20.4% 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 97.2% of the neighborhoods in America.
Did you know that the Kennedy neighborhood has more Swedish and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Swedish ancestry and 24.7% have Irish ancestry.
Kennedy is also pretty special linguistically. Significantly, 3.6% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.
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 Kennedy neighborhood in Lake Forest 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 93.6% of the neighborhoods in America. In addition, 3.2% 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 70.8% 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 Kennedy neighborhood, 68.3% 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 21.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.1%), and 4.1% in manufacturing and laborer occupations.
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 Kennedy neighborhood is English, spoken by 86.1% of households. Other important languages spoken here include Korean, Chinese and Spanish.
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 Kennedy neighborhood in Lake Forest, IL, residents most commonly identify their ethnicity or ancestry as Irish (24.7%). There are also a number of people of German ancestry (17.3%), and residents who report English roots (16.6%), and some of the residents are also of Italian ancestry (7.8%), along with some Asian ancestry residents (7.3%), among others. In addition, 12.2% of the residents of this neighborhood were born in another country.
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 Kennedy neighborhood spend between 15 and 30 minutes commuting one-way to work (30.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (48.9%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (20.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.