Altgeld Gardens Homes Location On Illinois Map
About Chicago, IL (Altgeld Gardens)
Real Estate Prices and Overview
Altgeld Gardens median real estate price is $109,150, which is less expensive than 79.9% of Illinois neighborhoods and 85.4% of all U.S. neighborhoods.
The average rental price in Altgeld Gardens is currently $545, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.6% of Illinois neighborhoods.
Altgeld Gardens is a suburban neighborhood (based on population density) located in Chicago, Illinois.
Altgeld Gardens real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Altgeld Gardens neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Altgeld Gardens. The current real estate vacancy rate here is 18.4%. This is higher than the rate of vacancies in 82.3% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
Notable & Unique Neighborhood Characteristics
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.
Notable & Unique: People
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Altgeld Gardens neighborhood has more single mother households than 99.9% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
In addition, one of the unique characteristics of the Altgeld Gardens neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.6% of the neighborhoods in America. Also of note, 55.6% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Also, the Altgeld Gardens neighborhood is unique for having just 4.7% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.3% of America's neighborhoods.
Notable & Unique: Modes of Transportation
Our research revealed that more commuters here take the bus to work (44.0% ride the bus) than 99.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Altgeld Gardens neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Altgeld Gardens neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 20.1% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.7% of all neighborhoods in America.
Notable & Unique: Real Estate
If you love row houses and attached homes, you will probably really like the Altgeld Gardens neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 62.8% of the residential real estate here is classified as row houses and attached homes.
In addition, renter-occupied real estate is dominant in the Altgeld Gardens neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.0%, which is higher than 98.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Furthermore, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Altgeld Gardens neighborhood, is that an incredible 80.5% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
Notable & Unique: 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 Altgeld Gardens neighborhood has a highly unusual pattern of car ownership. 31.2% 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.
Notable & Unique: Diversity
Did you know that the Altgeld Gardens neighborhood has more Jamaican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.4% of this neighborhood's residents have Jamaican ancestry and 10.0% have African ancestry.
The Neighbors
The Neighbors: Income
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 Altgeld Gardens neighborhood in Chicago are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.6% of U.S. neighborhoods. With 55.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.6% of U.S. neighborhoods.
The Neighbors: Occupations
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 Altgeld Gardens neighborhood, 34.3% of the working population is employed in clerical, assistant, and tech support 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 31.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.0%), and 16.0% in executive, management, and professional occupations.
The Neighbors: Languages
The most common language spoken in the Altgeld Gardens neighborhood is English, spoken by 95.1% of households. Some people also speak Spanish (4.2%).
The Neighbors: 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 Altgeld Gardens neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (10.0%). There are also a number of people of African ancestry (10.0%), and residents who report Jamaican roots (7.4%), and some of the residents are also of Mexican ancestry (2.8%), along with some Puerto Rican ancestry residents (2.8%), among others.
Getting to Work
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 Altgeld Gardens neighborhood spend between 45 minutes and one hour commuting one-way to work (33.3% of working residents), longer and tougher than most commutes in America.
Here most residents (45.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (44.0%) and 6.4% of residents also carpool with coworkers, friends, or neighbors 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.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Date(s) & Update Frequency:
- Home Values, Rents: Reflects Q2 2021. Updated quarterly.
- Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Median Home Value:
Locked
Median Real Estate Taxes:
Locked ( effective rate)
Neighborhood Home Prices
Average Market Rent:
/ per month
GROSS RENTAL YIELD:
Locked
MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS
Neighborhood Look and Feel
AGE OF Chicago, IL (Altgeld Gardens) HOMES
TYPE OF Chicago, IL (Altgeld Gardens) HOMES
SIZE OF Chicago, IL (Altgeld Gardens) HOMES
SIZE OF Chicago, IL (Altgeld Gardens) HOMES
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2019 (latest available). Updated annually. Please note: Unemployment data updated August 2021.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Means Of Transport 
Vehicles Per Household
Diversity Index
(100 is the most diverse)
Ancestry (top 20)
Languages Spoken (top 20)
Per Capita Income
Median Household Income
Percent with College Degree
Percent with Advanced Degree
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
total Crime Index
(100 is safest)
Neighborhood Annual Crimes
| Violent | Property | Total | |
|---|---|---|---|
| Number of Crimes | |||
| Crime Rate (per 1,000 residents) |
violent Crime Index
(100 is safest)
Violent Crime Index By Type
| Murder Index | Rape Index | Robbery Index | Assault Index |
|---|---|---|---|
100 is safest | 100 is safest | 100 is safest | 100 is safest |
Violent Crime Comparison (per 1,000 residents)
Altgeld Gardens
Chicago
Illinois
My Chances of Becoming a Victim of a Violent Crime
Chicago VIOLENT CRIMES
Population:
| Murder | Rape | Robbery | Assault | |
|---|---|---|---|---|
| Report Total | ||||
| Rate per 1,000 |
United States VIOLENT CRIMES
Population:
| Murder | Rape | Robbery | Assault | |
|---|---|---|---|---|
| Report Total | ||||
| Rate per 1,000 |
property Crime Index
(100 is safest)
Property Crime Index By Type
| Burglary Index | Theft Index | Motor Vehicle Theft |
|---|---|---|
100 is safest | 100 is safest | 100 is safest |
Property Crime Comparison (per 1,000 residents)
Altgeld Gardens
Chicago
Illinois
My Chances of Becoming a Victim of a Property Crime
Chicago Property CRIMES
Population:
| burglary | theft | motor vehicle theft | |
|---|---|---|---|
| Report Total | |||
| Rate per 1,000 |
United States Property CRIMES
Population:
| burglary | theft | motor vehicle theft | |
|---|---|---|---|
| Report Total | |||
| Rate per 1,000 |
Altgeld Gardens
Chicago
Illinois
Analytics built by: Location, Inc.
Raw data sources:
- Test Scores: Edfacts (U.S. Department of Education), State departments of education.
- Expenditures: National Center for Education Statistics.
- Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
- Due to Covid-19, standardized testing did not take place during the 2019-2020 academic school year. Test data: Reflects 2018 – 2019 school year.
- Expenditures: 2018
- Educational Environment: 2019 (latest available). Updated annually.
- All data updated June 2021
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
School Quality
(100 is best)
Neighborhood School Quality Rating
Rates the quality of all K-12 public schools that serve this neighborhood. 
| Adults In Neighborhood With College Degree Or Higher | |
|---|---|
| Children In The Neighborhood Living In Poverty |
Students Enrolled in This District
Schools in District
Students Per Classroom
District Quality Compared to Illinois
(10 is best)
District Quality Compared to U.S. 
(10 is best)
GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT
SEE ALL SCHOOLS
Schools In This District
School District Enrollment By Group
| Ethnic/racial Groups | This District | This State |
|---|---|---|
| White (non-hispanic) | ||
| Black | ||
| Hispanic | ||
| Asian Or Pacific Islander | ||
| American Indian Or Native Of Alaska |
| Economic Groups | This District | This State |
|---|---|---|
| ECONOMICALLY DISADVANTAGED | ||
| FREE LUNCH ELIGIBLE | ||
| REDUCED LUNCH ELIGIBLE |
Educational Expenditures
| For This District | Per Student | Total | % Of Total |
|---|---|---|---|
| Instructional Expenditures | |||
| Support Expenditures | |||
| Student | |||
| Staff | |||
| General Administration | |||
| School Administration | |||
| Operation | |||
| Transportation | |||
| Other | |||
| Total Support | |||
| Non-instructional Expenditures | |||
| Total Expenditures |
Analytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Date(s) & Update Frequency:
- Real Estate Value Forecasts & Regional Analysis: Updated Quarterly
- Real Estate Values & Trends: Q2 2021. Updated Quarterly.
- Demographics, Crime Trends & Forecast: Reflects 2019 calendar year (latest available). Updated annually.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
Rising Star Index
LOCKED
Appreciation Potential (3 years)
RATINGS: 1=Very Low 2=Low 3=Moderate 4=High 5=Rising Star
Blue Chip Index
LOCKED
Past Appreciation and existing fundamentals
RATINGS: 1=Very Low 2=Low 3=Moderate 4=High 5=Blue Chip
SCOUT VISION Neighborhood Home Value Trend and Forecast
| Time Period | Total Appreciation | Avg. Annual Rate | Compared To Metro* | Compared To America* |
|---|---|---|---|---|
| 3 Year Forecast: 2021 Q3 - 2024 Q3 | ||||
| Latest Quarter: 2021 Q1 - 2021 Q2 | ||||
| Last 12 Months: 2020 Q2 - 2021 Q2 | ||||
| Last 2 Years: 2019 Q2 - 2021 Q2 | ||||
| Last 5 Years: 2016 Q2 - 2021 Q2 | ||||
| Last 10 Years: 2011 Q2 - 2021 Q2 | ||||
| Since 2000: 2000 Q1 - 2021 Q2 | ||||
| * 10 is highest | ||||
Price advantage over surrounding neighborhoods
LOCKED
Price advantage score
RATINGS: 1=Strong Disadvantage 2=Disadvantage 3=Similar Price 4=Advantage 5=Strong Advantage
Neighborhood price per sqft
Average Nearby Home Price per sqft
Access to high paying jobs
LOCKED
Jobs score
RATINGS: 1=Limited 2=Below Average 3=Average 4=Very Good 5=Excellent
Jobs within an hour
| Within | High-paying* jobs |
|---|---|
| 5 minutes | |
| 10 minutes | |
| 15 minutes | |
| 20 minutes | |
| 30 minutes | |
| 45 minutes | |
| 60 minutes | |
| *Annual salary of $75,000 or more | |
Avg. Annual Homeownership Trend Over last 5 years
Avg. Annual Rent Price Trend Over last 5 years
Avg. Annual Vacancy Trends Over last 5 years
Avg. annual change in college graduates Over last 5 years
Avg. annual change in K-12 school performance Over last 5 years
Avg annual change in per capita income Over last 5 years
Avg annual change in household income Over last 5 years
Avg annual change in unemployment rate Over last 5 years
| Distance from Location | Population 5 years ago | Current Population | Percent Change |
|---|---|---|---|
| Half Mile | |||
| 1 Mile | |||
| 3 Miles | |||
| 5 Miles | |||
| 10 Miles | |||
| 15 Miles | |||
| 25 Miles | |||
| 50 Miles |
Chicago-Naperville-Elgin, IL-IN-WI Metro Area regional investment potential
LOCKED
Regional Appreciation Potential (3yr)
RATINGS: 1=Very Low 2=Low 3=Moderate 4=High 5=Very High
Housing Affordability Trends: Chicago-Naperville-Elgin, IL-IN-WI Metro Area
Years of average household income needed to buy average home
Region's Historical Low
Region's Historical High
Current
Regional 1 and 2 Year Growth Trends
| Regional Trend | Last 2 years | Compared to Nation* | Last 1 year | Compared to Nation* |
|---|---|---|---|---|
| Population Growth | ||||
| Job Growth | ||||
| Income Trend (Wages) | ||||
| Unemployment Trend | ||||
| Stock Performance of Region's Industries | ||||
| Housing Added | ||||
| Vacancy Trend | ||||
| * 10 is highest | ||||
Disclaimer
Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain. Actual results may differ materially from what is predicted in any information provided by Location Inc. Nothing contained in or generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future performance or prediction of real estate values. No representation is made as to the accuracy of any forecast, estimate, or projection. Location Inc. makes no express or implied warranty and all information and content is provided "As is" without any warranties of any kind. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of merchantability and fitness for a particular purpose. Location Inc. further disclaims any liability for damages, loss, or injury arising out of the use this site and the data. All risks associated with using the site and the data are borne by the user at user's sole cost and expense. By using the site you agree to our Terms of Use.
Altgeld Gardens Homes Location On Illinois Map
Source: https://www.neighborhoodscout.com/il/chicago/altgeld-gardens
Posted by: ratliffuppose.blogspot.com
0 Response to "Altgeld Gardens Homes Location On Illinois Map"
Post a Comment