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Real Estate Prices & Overview

Morton East median real estate price is $319,043, which is more expensive than 57.1% of the neighborhoods in Illinois and 43.0% of the neighborhoods in the U.S.

The average rental price in Morton East is currently $1,180, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.6% of Illinois neighborhoods.

Morton East is a rural neighborhood (based on population density) located in Morton, Illinois.

Morton East real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Morton East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Morton East are 4.8%, which is lower than one will find in 67.8% of American neighborhoods. Demand for real estate in Morton East 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.

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 Morton, the Morton East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you're nearing retirement age, or in retirement, the Morton East is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.7% of retiree-friendly neighborhoods in Illinois, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Illinois.

Diversity

Did you know that the Morton East neighborhood has more German and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.9% of this neighborhood's residents have German ancestry and 0.7% have Croatian ancestry.

Morton East is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.

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 Morton East neighborhood in Morton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.5% of the neighborhoods in America. In addition, 4.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 66.7% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Morton East neighborhood, 52.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 17.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.6%), and 12.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Morton East neighborhood is English, spoken by 97.3% of households. Some people also speak Polish (4.1%).

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 Morton East neighborhood in Morton, IL, residents most commonly identify their ethnicity or ancestry as German (33.9%). There are also a number of people of English ancestry (15.0%), and residents who report Irish roots (10.3%), and some of the residents are also of Asian ancestry (4.9%), along with some Polish ancestry residents (3.9%), 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 Morton East neighborhood spend between 15 and 30 minutes commuting one-way to work (53.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.7%) drive alone in a private automobile to get to work. 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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