Noble Square median real estate price is $968,340, which is more expensive than 97.6% of the neighborhoods in Illinois and 89.8% of the neighborhoods in the U.S.
The average rental price in Noble Square is currently $2,760, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.3% of the neighborhoods in Illinois.
Noble Square is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
Noble Square 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 renter occupied. Many of the residences in the Noble Square neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 9.2% in Noble Square. NeighborhoodScout analysis shows that this rate is lower than 41.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Noble Square neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
Of note is NeighborhoodScout's research finding that the Noble Square neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Noble Square community truly stands out from the rest in this regard.
In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Noble Square neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 97.5% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Noble Square neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals and highly educated executives.
Also, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 73.4% of the adults living in the Noble Square neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 95.4% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Modes of Transportation
More people ride the bus in this neighborhood each day to get to work than 98.0% of U.S. neighborhoods.
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Noble Square neighborhood is a fantastic option for bicycle commuters, as 4.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.8% of the neighborhoods in America.
Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 17.1% of the Noble Square neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.8% of America's neighborhoods.
Real Estate
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 Noble Square 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, 45.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.8% of America's neighborhoods.
In addition, the Noble Square neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 37,190 persons per square mile in the neighborhood, it is more packed with people than 97.7% of the nation's neighborhoods.
Occupations
Executives, managers and professionals make up 74.8% of the workforce in the Noble Square neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Diversity
Did you know that the Noble Square neighborhood has more Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.6% of this neighborhood's residents have Belgian ancestry.
Noble Square is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 95.1% of the neighborhoods in America.
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 Noble Square neighborhood in Chicago are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.0% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Noble Square neighborhood, 74.8% 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 17.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.5%), and 3.7% in manufacturing and laborer 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 Noble Square neighborhood is English, spoken by 82.4% of households. Other important languages spoken here include Spanish and Chinese.
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 Noble Square neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as German (19.9%). There are also a number of people of Irish ancestry (14.0%), and residents who report Asian roots (11.8%), and some of the residents are also of English ancestry (8.5%), along with some Polish ancestry residents (6.4%), among others. In addition, 10.1% 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 Noble Square neighborhood spend between 15 and 30 minutes commuting one-way to work (40.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (31.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (17.5%) and 17.1% 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.
