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Real Estate Prices & Overview

S Lawndale Ave / W 71st St median real estate price is $302,122, which is more expensive than 57.5% of the neighborhoods in Illinois and 42.5% of the neighborhoods in the U.S.

The average rental price in S Lawndale Ave / W 71st St is currently $2,520, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.9% of the neighborhoods in Illinois.

S Lawndale Ave / W 71st St is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

S Lawndale Ave / W 71st St real estate is primarily made up of medium sized (three or four 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 S Lawndale Ave / W 71st St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In S Lawndale Ave / W 71st St, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 87.4% of all neighborhoods in the U.S. This means that the housing supply in S Lawndale Ave / W 71st St 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 S Lawndale Ave / W 71st St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the S Lawndale Ave / W 71st St neighborhood than in 96.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the S Lawndale Ave / W 71st St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 88.2% of this neighborhood's residents have Mexican ancestry.

S Lawndale Ave / W 71st St is also pretty special linguistically. Significantly, 82.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.9% of all U.S. neighborhoods.

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 S Lawndale Ave / W 71st St neighborhood in Chicago are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.5% of the neighborhoods in America. With 35.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.0% 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 S Lawndale Ave / W 71st St neighborhood, 44.6% of the working population is employed in manufacturing and laborer 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 30.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.6%), and 7.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the S Lawndale Ave / W 71st St neighborhood is Spanish, spoken by 82.4% of households. Some people also speak English (16.7%).

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 S Lawndale Ave / W 71st St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (88.2%). There are also a number of people of Puerto Rican ancestry (4.5%), and residents who report German roots (2.8%), and some of the residents are also of Irish ancestry (1.1%). In addition, 37.6% 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 S Lawndale Ave / W 71st St neighborhood spend between 45 minutes and one hour commuting one-way to work (34.2% of working residents), longer and tougher than most commutes in America.

Here most residents (64.9%) 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 (20.6%) and 7.7% of residents also take the train for their daily commute. 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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