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Real Estate Prices & Overview

Summit South median real estate price is $243,540, which is more expensive than 40.1% of the neighborhoods in Illinois and 29.2% of the neighborhoods in the U.S.

The average rental price in Summit South is currently $1,598, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.2% of Illinois neighborhoods.

Summit South is an urban neighborhood (based on population density) located in Summit, Illinois.

Summit South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Summit South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 7.0% in Summit South. NeighborhoodScout analysis shows that this rate is lower than 53.6% 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 Summit, the Summit South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Summit South neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 66.5% of this neighborhood's residents have Mexican ancestry.

Summit South is also pretty special linguistically. Significantly, 62.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.2% of all U.S. neighborhoods.

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 Summit South neighborhood in Summit are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.3% of U.S. neighborhoods. With 25.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.0% 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 Summit South neighborhood, 40.3% of the working population is employed in manufacturing and laborer 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 29.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.8%), and 12.6% in executive, management, and professional 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 Summit South neighborhood is Spanish, spoken by 62.8% of households. Other important languages spoken here include English and Polish.

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 Summit South neighborhood in Summit, IL, residents most commonly identify their ethnicity or ancestry as Mexican (66.5%). There are also a number of people of Asian ancestry (2.1%), and residents who report Italian roots (2.0%), and some of the residents are also of Spanish ancestry (1.4%), along with some German ancestry residents (1.1%), among others. In addition, 37.2% 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 Summit South neighborhood spend between 30 and 45 minutes commuting one-way to work (31.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (68.6%) 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 (15.1%) and 6.1% of residents also hop out the door and walk to work 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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