Edgewater Northwest median real estate price is $451,918, which is more expensive than 79.8% of the neighborhoods in Illinois and 62.0% of the neighborhoods in the U.S.
The average rental price in Edgewater Northwest is currently $1,893, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.3% of Illinois neighborhoods.
Edgewater Northwest is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
Edgewater Northwest 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 Edgewater Northwest 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.
In Edgewater Northwest, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 89.9% of all neighborhoods in the U.S. This means that the housing supply in Edgewater Northwest is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Modes of Transportation
More people ride the bus in this neighborhood each day to get to work than 99.1% of U.S. neighborhoods.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 14.9% of the Edgewater Northwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.4% of America's neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Edgewater Northwest neighborhood has a highly unusual pattern of car ownership. 35.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.7% of U.S. neighborhoods.
Real Estate
If you like crowded places, then you will probably enjoy the the Edgewater Northwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 25,953 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Edgewater Northwest neighborhood is one of the most walkable neighborhoods in America.
Occupations
With 1.6% of employed workers living in the Edgewater Northwest neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
People
With more than 1.6% of residents living with a same sex partner, Edgewater Northwest is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.2% of U.S. neighborhoods.
In addition, the Edgewater Northwest neighborhood stands out within Illinois for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.4% of college-friendly places to live in IL.
Diversity
Did you know that the Edgewater Northwest neighborhood has more Yugoslav and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Yugoslav ancestry and 13.3% have Sub-Saharan African ancestry.
Edgewater Northwest is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.
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 Edgewater Northwest 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 40.2% of the neighborhoods in America. With 41.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.1% 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 Edgewater Northwest neighborhood, 39.6% 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 26.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.8%), and 11.9% 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 Edgewater Northwest neighborhood is English, spoken by 46.4% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region), Arabic and Langs. of India.
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 Edgewater Northwest neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Asian (15.2%). There are also a number of people of Sub-Saharan African ancestry (13.3%), and residents who report Mexican roots (10.1%), and some of the residents are also of German ancestry (8.0%), along with some Irish ancestry residents (6.3%), among others. In addition, 37.0% of the residents of this neighborhood were born in another country.
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 Edgewater Northwest neighborhood spend between 45 minutes and one hour commuting one-way to work (43.9% of working residents), longer and tougher than most commutes in America.
Here most residents (34.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (22.8%) and 14.9% 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.
