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Real Estate Prices & Overview

Buena Park West median real estate price is $398,478, which is more expensive than 71.2% of the neighborhoods in Illinois and 55.0% of the neighborhoods in the U.S.

The average rental price in Buena Park West is currently $2,284, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.6% of the neighborhoods in Illinois.

Buena Park West is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

Buena Park West 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 Buena Park West 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.

Buena Park West has a 9.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

The first thing that you'll notice if you moved to this neighborhood is that an astounding 3.3% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.4% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Buena Park West neighborhood should definitely be on your list of places to consider.

Real Estate

One of the really unique and interesting things about the look and setting of the Buena Park West neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 90.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.3% of all neighborhoods in America.

In addition, the Buena Park West neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Modes of Transportation

In the Buena Park West neighborhood, 25.7% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.8% of the neighborhoods in America.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Buena Park West neighborhood is a fantastic option for bicycle commuters, as 3.3% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.3% of the neighborhoods in America.

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 Buena Park West neighborhood have a highly unusual car ownership. 30.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.2% of U.S. neighborhoods.

Diversity

Did you know that the Buena Park West neighborhood has more Yugoslav and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Yugoslav ancestry and 17.1% have Sub-Saharan African ancestry.

Buena Park West is also pretty special linguistically. Significantly, 12.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Buena Park West neighborhood in Chicago are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.3% of U.S. neighborhoods. With 23.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.3% 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 Buena Park West neighborhood, 54.8% 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 17.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.5%), and 12.9% in clerical, assistant, and tech support occupations.

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 Buena Park West neighborhood is English, spoken by 64.3% of households. Other important languages spoken here include Spanish and African languages.

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 Buena Park West neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (17.1%). There are also a number of people of German ancestry (11.5%), and residents who report Irish roots (9.1%), and some of the residents are also of Asian ancestry (8.9%), along with some Polish ancestry residents (5.6%), among others. In addition, 28.1% of the residents of this neighborhood were born in another country.

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 Buena Park West neighborhood spend between 30 and 45 minutes commuting one-way to work (37.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (32.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (25.7%) and 8.2% of residents also ride the bus 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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