S Western Ave / W 24th St median real estate price is $398,421, which is more expensive than 71.0% of the neighborhoods in Illinois and 54.9% of the neighborhoods in the U.S.
The average rental price in S Western Ave / W 24th St is currently $2,169, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.2% of the neighborhoods in Illinois.
S Western Ave / W 24th St is an urban neighborhood (based on population density) located in Chicago, Illinois.
S Western Ave / W 24th St 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 S Western Ave / W 24th St 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.
Real estate vacancies in S Western Ave / W 24th St are 4.2%, which is lower than one will find in 72.4% of American neighborhoods. Demand for real estate in S Western Ave / W 24th St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Western Ave / W 24th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 S Western Ave / W 24th St 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, 57.4% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.0% of America's neighborhoods.
In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The S Western Ave / W 24th St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 57.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.9% of the neighborhoods in the United States.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 11.4% of the S Western Ave / W 24th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.5% of America's neighborhoods.
Also, more people ride the bus in this neighborhood each day to get to work than 95.2% of U.S. neighborhoods.
Did you know that the S Western Ave / W 24th St neighborhood has more Mexican and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 62.2% of this neighborhood's residents have Mexican ancestry and 2.2% have British ancestry.
S Western Ave / W 24th St is also pretty special linguistically. Significantly, 66.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% 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 S Western Ave / W 24th 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 59.0% of the neighborhoods in America. With 13.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.8% 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 Western Ave / W 24th St neighborhood, 51.1% 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 26.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.5%), and 9.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the S Western Ave / W 24th St neighborhood is Spanish, spoken by 66.0% of households. Some people also speak English (29.8%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the S Western Ave / W 24th St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (62.2%). There are also a number of people of Puerto Rican ancestry (5.8%), and residents who report Italian roots (4.4%), and some of the residents are also of Asian ancestry (3.3%), along with some German ancestry residents (2.8%), among others. In addition, 26.6% 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 S Western Ave / W 24th St neighborhood spend between 15 and 30 minutes commuting one-way to work (36.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (42.4%) 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 (15.0%) and 11.4% 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.