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Real Estate Prices & Overview

Ohio St / N Chicago St median real estate price is $228,471, which is more expensive than 37.0% of the neighborhoods in Illinois and 26.5% of the neighborhoods in the U.S.

The average rental price in Ohio St / N Chicago St is currently $1,879, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.2% of Illinois neighborhoods.

Ohio St / N Chicago St is a suburban neighborhood (based on population density) located in Joliet, Illinois.

Ohio St / N Chicago St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Ohio St / N Chicago St 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.

Vacant apartments or homes are a major fact of life in Ohio St / N Chicago St. The current real estate vacancy rate here is 16.8%. This is higher than the rate of vacancies in 81.6% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

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 Ohio St / N Chicago St 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, 57.4% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.0% of America's neighborhoods.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Ohio St / N Chicago St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 65.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.6% of the neighborhoods in the United States.

People

The Ohio St / N Chicago St neighborhood is unique for having just 3.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.2% of America's neighborhoods.

In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Ohio St / N Chicago St neighborhood has more single mother households than 96.3% 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.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Ohio St / N Chicago St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.6% of the neighborhoods in IL. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Ohio St / N Chicago St neighborhood has more Mexican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 73.8% of this neighborhood's residents have Mexican ancestry and 9.9% have African ancestry.

Ohio St / N Chicago St is also pretty special linguistically. Significantly, 63.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.3% 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 Ohio St / N Chicago St neighborhood in Joliet are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.3% of U.S. neighborhoods. With 28.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.5% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Ohio St / N Chicago St neighborhood, 34.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 33.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.9%), and 13.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Ohio St / N Chicago St neighborhood is Spanish, spoken by 63.1% of households. Some people also speak English (36.9%).

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 Ohio St / N Chicago St neighborhood in Joliet, IL, residents most commonly identify their ethnicity or ancestry as Mexican (73.8%). There are also a number of people of Sub-Saharan African ancestry (9.9%), and residents who report African roots (9.9%), and some of the residents are also of Portuguese ancestry (1.1%), along with some Puerto Rican ancestry residents (1.1%), among others. In addition, 37.4% of the residents of this neighborhood were born in another country.

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 Ohio St / N Chicago St neighborhood spend between 15 and 30 minutes commuting one-way to work (42.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.9%) 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 (14.3%) . 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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