Pasteur Park median real estate price is $308,080, which is more expensive than 53.5% of the neighborhoods in Illinois and 40.2% of the neighborhoods in the U.S.
The average rental price in Pasteur Park is currently $1,666, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.1% of Illinois neighborhoods.
Pasteur Park is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
Pasteur Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Pasteur Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Pasteur Park, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.3% of all neighborhoods in the U.S. This means that the housing supply in Pasteur Park is very tight compared to the demand for property here.
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 Pasteur Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Our research shows that more people carpool to work here in the Pasteur Park (22.2%) than in 95.2% of the neighborhoods in America.
Did you know that the Pasteur Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 78.0% of this neighborhood's residents have Mexican ancestry.
Pasteur Park is also pretty special linguistically. Significantly, 65.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.7% of all U.S. neighborhoods.
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 Pasteur Park 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 43.6% of the neighborhoods in America. With 17.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.2% 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 Pasteur Park neighborhood, 30.9% 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 29.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.0%), and 17.8% in clerical, assistant, and tech support 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 Pasteur Park neighborhood is Spanish, spoken by 65.6% of households. Other important languages spoken here include English and Polish.
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 Pasteur Park neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (78.0%). There are also a number of people of Polish ancestry (8.9%), and residents who report German roots (2.7%), and some of the residents are also of Swedish ancestry (2.1%), along with some Asian ancestry residents (1.7%), among others. In addition, 29.2% 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 Pasteur Park neighborhood spend between 30 and 45 minutes commuting one-way to work (36.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (52.1%) 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 (22.2%) and 7.9% 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.