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Real Estate Prices & Overview

Lincoln Square Northeast median real estate price is $740,179, which is more expensive than 92.4% of the neighborhoods in Illinois and 80.4% of the neighborhoods in the U.S.

The average rental price in Lincoln Square Northeast is currently $2,552, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.1% of the neighborhoods in Illinois.

Lincoln Square Northeast is an urban neighborhood (based on population density) located in Chicago, Illinois.

Lincoln Square Northeast 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 occupied by a mixture of owners and renters. Many of the residences in the Lincoln Square Northeast 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 1970 and 1999.

Real estate vacancies in Lincoln Square Northeast are 4.0%, which is lower than one will find in 73.2% of American neighborhoods. Demand for real estate in Lincoln Square Northeast 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 Chicago, the Lincoln Square Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Lincoln Square Northeast has the amazing distinction of housing more same sex couples living together than 98.3% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, the Lincoln Square Northeast 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 7.7% of college-friendly places to live in IL. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates and young, single professionals.

Modes of Transportation

In the Lincoln Square Northeast neighborhood, 18.0% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.0% of the neighborhoods in America.

Real Estate

If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 55.4% of the residential real estate in the Lincoln Square Northeast neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Lincoln Square Northeast neighborhood has more Lithuanian and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Lithuanian ancestry and 0.8% have Belgian ancestry.

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 Lincoln Square Northeast neighborhood in Chicago are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.5% of the neighborhoods in America. In addition, 9.2% 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 52.8% 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 Lincoln Square Northeast neighborhood, 66.9% 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 13.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.4%), and 7.8% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Lincoln Square Northeast neighborhood is English, spoken by 76.4% of households. Some people also speak Spanish (16.4%).

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 Lincoln Square Northeast neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Irish (17.2%). There are also a number of people of German ancestry (15.3%), and residents who report Mexican roots (10.9%), and some of the residents are also of English ancestry (8.6%), along with some Polish ancestry residents (7.8%), among others. In addition, 15.5% 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 Lincoln Square Northeast neighborhood spend between 30 and 45 minutes commuting one-way to work (38.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (49.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (18.0%) . 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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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
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Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
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Schools include:
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