Fox Chase / Lakewood Hills median real estate price is $338,277, which is more expensive than 58.2% of the neighborhoods in Illinois and 44.8% of the neighborhoods in the U.S.
The average rental price in Fox Chase / Lakewood Hills is currently $2,895, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.6% of the neighborhoods in Illinois.
Fox Chase / Lakewood Hills is a suburban neighborhood (based on population density) located in Lake Villa, Illinois.
Fox Chase / Lakewood Hills real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Fox Chase / Lakewood Hills neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Fox Chase / Lakewood Hills are 3.6%, which is lower than one will find in 75.1% of American neighborhoods. Demand for real estate in Fox Chase / Lakewood Hills 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.
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 Lake Villa, the Fox Chase / Lakewood Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Fox Chase / Lakewood Hills neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Fox Chase / Lakewood Hills neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.6% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.1% of all neighborhoods in America.
Fox Chase / Lakewood Hills is ranked among the top 9.3% of neighborhoods for first-time home buyers to consider in the state of Illinois according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Fox Chase / Lakewood Hills neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for families with school-aged children.
Did you know that the Fox Chase / Lakewood Hills neighborhood has more Swedish and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.0% of this neighborhood's residents have Swedish ancestry and 0.9% have Czechoslovakian ancestry.
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 Fox Chase / Lakewood Hills neighborhood in Lake Villa are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.3% of the neighborhoods in America. In addition, 2.7% 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 72.3% 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 Fox Chase / Lakewood Hills neighborhood, 38.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.8%), and 12.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the Fox Chase / Lakewood Hills neighborhood is English, spoken by 80.3% of households. Some people also speak Spanish (15.2%).
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 Fox Chase / Lakewood Hills neighborhood in Lake Villa, IL, residents most commonly identify their ethnicity or ancestry as German (29.8%). There are also a number of people of Mexican ancestry (19.7%), and residents who report Irish roots (16.9%), and some of the residents are also of Polish ancestry (12.0%), along with some Swedish ancestry residents (7.0%), among others. In addition, 11.3% 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 Fox Chase / Lakewood Hills neighborhood spend between 15 and 30 minutes commuting one-way to work (36.7% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (9.6%) who commute over an hour in each direction.
Here most residents (74.7%) 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 (7.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.