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Real Estate Prices & Overview

Winzlar / Parkside median real estate price is $245,079, which is more expensive than 40.6% of the neighborhoods in Illinois and 29.6% of the neighborhoods in the U.S.

The average rental price in Winzlar / Parkside is currently $2,085, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.5% of Illinois neighborhoods.

Winzlar / Parkside is an urban neighborhood (based on population density) located in Elgin, Illinois.

Winzlar / Parkside real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes 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 Winzlar / Parkside 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.

In Winzlar / Parkside, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.1% of all neighborhoods in the U.S. This means that the housing supply in Winzlar / Parkside is very tight compared to the demand for property here.

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.

Modes of Transportation

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 Winzlar / Parkside neighborhood is a fantastic option for bicycle commuters, as 3.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.5% of the neighborhoods in America.

Real Estate

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 Winzlar / Parkside neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 59.5% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.4% of the neighborhoods in the United States.

Diversity

Did you know that the Winzlar / Parkside neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 71.3% of this neighborhood's residents have Mexican ancestry.

Winzlar / Parkside is also pretty special linguistically. Significantly, 69.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.3% 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 Winzlar / Parkside neighborhood in Elgin are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.6% of the neighborhoods in America. With 23.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.0% 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 Winzlar / Parkside neighborhood, 40.2% of the working population is employed in manufacturing and laborer 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 26.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.5%), and 13.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Winzlar / Parkside neighborhood is Spanish, spoken by 69.5% of households. Some people also speak English (28.6%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Winzlar / Parkside neighborhood in Elgin, IL, residents most commonly identify their ethnicity or ancestry as Mexican (71.3%). There are also a number of people of German ancestry (4.9%), and residents who report Puerto Rican roots (2.9%), and some of the residents are also of Irish ancestry (2.8%), along with some Italian ancestry residents (2.1%), among others. In addition, 32.5% 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 Winzlar / Parkside neighborhood spend between 15 and 30 minutes commuting one-way to work (30.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.6%) 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 (19.8%) . 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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