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Real Estate Prices & Overview

Bronzeville Northeast median real estate price is $451,947, which is more expensive than 78.2% of the neighborhoods in Illinois and 61.4% of the neighborhoods in the U.S.

The average rental price in Bronzeville Northeast is currently $939, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.9% of Illinois neighborhoods.

Bronzeville Northeast is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

Bronzeville Northeast 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 Bronzeville Northeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Bronzeville Northeast, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 87.5% of all neighborhoods in the U.S. This means that the housing supply in Bronzeville Northeast is very tight compared to the demand for property here.

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

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.9% of U.S. neighborhoods.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Bronzeville Northeast neighborhood has more single mother households than 99.7% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, one of the unique characteristics of the Bronzeville Northeast neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.5% of the neighborhoods in America. Also of note, 57.6% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Real Estate

97.6% of the real estate in the Bronzeville Northeast neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the real estate in the Bronzeville Northeast 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, 87.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.8% of American neighborhoods.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Bronzeville Northeast neighborhood have a highly unusual car ownership. 44.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.

Diversity

Did you know that the Bronzeville Northeast neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.6% of this neighborhood's residents have African ancestry and 20.6% have Sub-Saharan African 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 Bronzeville Northeast neighborhood in Chicago are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.5% of U.S. neighborhoods. With 57.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.3% 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 Bronzeville Northeast neighborhood, 44.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 28.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.3%), and 5.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Bronzeville Northeast neighborhood is English, spoken by 93.2% of households. Some people also speak Spanish (6.6%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Bronzeville Northeast neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (20.6%). There are also a number of people of African ancestry (20.6%), and residents who report Mexican roots (7.2%), and some of the residents are also of Puerto Rican ancestry (3.1%).

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 Bronzeville Northeast neighborhood spend between 45 minutes and one hour commuting one-way to work (43.4% of working residents), longer and tougher than most commutes in America.

Here most residents (38.3%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.0%) and 11.5% of residents also carpool with coworkers, friends, or neighbors for their daily commute. The bus provides a valuable service in the Bronzeville Northeast neighborhood of Chicago by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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