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Real Estate Prices & Overview

W Thomas St / N Lavergne Ave median real estate price is $320,287, which is more expensive than 54.0% of the neighborhoods in Illinois and 41.4% of the neighborhoods in the U.S.

The average rental price in W Thomas St / N Lavergne Ave is currently $1,834, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.7% of Illinois neighborhoods.

W Thomas St / N Lavergne Ave is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

W Thomas St / N Lavergne Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the W Thomas St / N Lavergne Ave neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.1% in W Thomas St / N Lavergne Ave. NeighborhoodScout analysis shows that this rate is lower than 58.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 W Thomas St / N Lavergne Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The W Thomas St / N Lavergne Ave neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 68.7% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.7% of America's neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the W Thomas St / N Lavergne Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.7% of neighborhoods in the U.S., with 23,309 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The W Thomas St / N Lavergne Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 95.7% of U.S. neighborhoods.

Occupations

There are more people living in the W Thomas St / N Lavergne Ave neighborhood employed as sales and service workers (62.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Did you know that the W Thomas St / N Lavergne Ave neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.2% of this neighborhood's residents have African ancestry and 14.9% 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 W Thomas St / N Lavergne Ave 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 91.7% of U.S. neighborhoods. With 42.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.9% of U.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 W Thomas St / N Lavergne Ave neighborhood, 37.6% 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 clerical, assistant, and tech support occupations, with 24.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.4%), and 15.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the W Thomas St / N Lavergne Ave neighborhood is English, spoken by 77.1% of households. Some people also speak Spanish (20.0%).

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 W Thomas St / N Lavergne Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (15.8%). There are also a number of people of Sub-Saharan African ancestry (14.9%), and residents who report African roots (10.2%), and some of the residents are also of Puerto Rican ancestry (3.4%), along with some South American ancestry residents (2.7%), among others.

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 W Thomas St / N Lavergne Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (41.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (56.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (11.0%) and 8.6% of residents also carpool with coworkers, friends, or neighbors 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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