E 71st St / S Paxton Ave median real estate price is $345,894, which is more expensive than 62.3% of the neighborhoods in Illinois and 47.3% of the neighborhoods in the U.S.
The average rental price in E 71st St / S Paxton Ave is currently $1,939, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.3% of Illinois neighborhoods.
E 71st St / S Paxton Ave is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
E 71st St / S Paxton Ave 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 71st St / S Paxton Ave 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 1940 and 1969.
E 71st St / S Paxton Ave has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
Single parenting is hard. But you don't have to tell the E 71st St / S Paxton Ave neighborhood about it; they already know. 26.7% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.2% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
More people ride the bus in this neighborhood each day to get to work than 99.1% of U.S. neighborhoods.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 14.1% of the E 71st St / S Paxton Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.3% of America's neighborhoods.
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the E 71st St / S Paxton Ave neighborhood is one of the most walkable neighborhoods in America.
Did you know that the E 71st St / S Paxton Ave neighborhood has more Jamaican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.8% of this neighborhood's residents have Jamaican ancestry and 14.8% have African ancestry.
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 E 71st St / S Paxton Ave neighborhood in Chicago are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.1% of U.S. neighborhoods. With 11.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.6% 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 E 71st St / S Paxton Ave neighborhood, 37.7% 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 36.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.7%), and 11.5% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the E 71st St / S Paxton Ave neighborhood is English, spoken by 97.4% of households.
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 E 71st St / S Paxton Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.9%). There are also a number of people of African ancestry (14.8%), and residents who report Jamaican roots (11.8%), and some of the residents are also of Irish ancestry (2.0%), along with some Italian ancestry residents (1.2%), among others.
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 E 71st St / S Paxton Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (34.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (54.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (23.2%) and 14.1% 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.