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Real Estate Prices & Overview

Midtown median real estate price is $206,194, which is more expensive than 35.0% of the neighborhoods in Illinois and 24.0% of the neighborhoods in the U.S.

The average rental price in Midtown is currently $1,372, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.1% of Illinois neighborhoods.

Midtown is a densely urban neighborhood (based on population density) located in Champaign, Illinois.

Midtown real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Midtown neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Midtown. The current real estate vacancy rate here is 31.8%. This is higher than the rate of vacancies in 95.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Champaign, the Midtown neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Midtown neighborhood stands out for having an average per capita income lower than 99.9% of the neighborhoods in the United States. In a nation where 1 out of every 4 children lives in poverty, the Midtown neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 74.1%. This is a higher percent living alone than we found in 99.9% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Also, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Midtown neighborhood, where 58.7% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 99.8% of the neighborhoods in America.

Modes of Transportation

More people in Midtown choose to walk to work each day (37.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.5% of residents in the Midtown neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.5% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Finally, our research revealed that more commuters here take the bus to work (16.6% ride the bus) than 97.8% 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.

Real Estate

100.0% of the real estate in the Midtown neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 31.8% of the residential real estate vacant, the Midtown neighborhood claims the distinction of having a higher vacancy rate than 95.5% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, the real estate in the Midtown neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 92.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.5% of American neighborhoods.

Furthermore, if you like crowded places, then you will probably enjoy the the Midtown neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.7% of neighborhoods in the U.S., with 23,196 people per square mile living here.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Midtown neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 66.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Midtown neighborhood buck this trend. 34.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.

Occupations

The Midtown neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.5% of the neighborhoods in America. In fact, 71.9% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Midtown neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Midtown neighborhood has more Asian and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 54.3% of this neighborhood's residents have Asian ancestry and 2.4% have Slovak ancestry.

Midtown is also pretty special linguistically. Significantly, 10.4% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America.

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 Midtown neighborhood in Champaign are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America'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 Midtown neighborhood, 71.9% 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 20.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.6%), and 3.8% in government jobs, whether they are in local, state, or federal positions.

Languages

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 Midtown neighborhood is English, spoken by 48.0% of households. Other important languages spoken here include Chinese, Langs. of India, Spanish and Korean.

Ethnicity / Ancestry

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 Midtown neighborhood in Champaign, IL, residents most commonly identify their ethnicity or ancestry as Asian (54.3%). There are also a number of people of Irish ancestry (9.3%), and residents who report German roots (8.7%), and some of the residents are also of Mexican ancestry (5.8%), along with some English ancestry residents (5.5%), among others. In addition, 37.4% of the residents of this neighborhood were born in another country.

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 Midtown neighborhood spend under 15 minutes commuting one-way to work (66.5% of working residents), one of the shortest commutes across America.

Here most residents (37.6%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (27.2%) and 16.6% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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