OFallon Northeast median real estate price is $447,197, which is more expensive than 75.5% of the neighborhoods in Illinois and 59.7% of the neighborhoods in the U.S.
The average rental price in OFallon Northeast is currently $2,436, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.8% of the neighborhoods in Illinois.
OFallon Northeast is a rural neighborhood (based on population density) located in O'Fallon, Illinois.
OFallon Northeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the OFallon Northeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In OFallon Northeast, the current vacancy rate is 0.6%, which is a lower rate of vacancies than 92.4% of all neighborhoods in the U.S. This means that the housing supply in OFallon Northeast is very tight compared to the demand for property here.
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.
A majority of the adults in the OFallon Northeast neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Illinois by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.4% of the neighborhoods in Illinois. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.
In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.1% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the OFallon Northeast neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.5% of America's neighborhoods are wealthier than the OFallon Northeast neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Finally, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 37.1% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 95.8% of U.S. neighborhoods, where the average American neighborhood has 13.7% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the OFallon Northeast neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.2% of all American neighborhoods.
In addition, owner-occupied real estate dominates the OFallon Northeast neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.4% of neighborhoods in America.
Furthermore, one way that the OFallon Northeast neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.2% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Did you know that the OFallon Northeast neighborhood has more Croatian and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Croatian ancestry and 2.6% have Welsh 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 OFallon Northeast neighborhood in O'Fallon 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 96.5% of the neighborhoods in America. In addition, 0.9% 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 78.9% 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 OFallon Northeast neighborhood, 67.6% 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 11.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.4%), and 10.7% in government jobs, whether they are in local, state, or federal positions.
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 OFallon Northeast neighborhood is English, spoken by 95.3% of households. Other important languages spoken here include Italian, Polish and Spanish.
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 OFallon Northeast neighborhood in O'Fallon, IL, residents most commonly identify their ethnicity or ancestry as German (31.9%). There are also a number of people of Irish ancestry (17.1%), and residents who report English roots (15.4%), and some of the residents are also of French ancestry (6.0%), along with some Polish ancestry residents (4.8%), among others.
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 OFallon Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (39.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.