Palmwood Neighborhood / Alpine Ridge median real estate price is $181,733, which is less expensive than 73.9% of Illinois neighborhoods and 82.2% of all U.S. neighborhoods.
The average rental price in Palmwood Neighborhood / Alpine Ridge is currently $1,525, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.8% of Illinois neighborhoods.
Palmwood Neighborhood / Alpine Ridge is a suburban neighborhood (based on population density) located in Rockford, Illinois.
Palmwood Neighborhood / Alpine Ridge 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 owner occupied. Many of the residences in the Palmwood Neighborhood / Alpine Ridge neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Palmwood Neighborhood / Alpine Ridge are 3.7%, which is lower than one will find in 75.6% of American neighborhoods. Demand for real estate in Palmwood Neighborhood / Alpine Ridge 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.
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.
Did you know that the Palmwood Neighborhood / Alpine Ridge neighborhood has more Swedish and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.6% of this neighborhood's residents have Swedish ancestry and 6.6% have Arab ancestry.
Palmwood Neighborhood / Alpine Ridge is also pretty special linguistically. Significantly, 6.6% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.
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 Palmwood Neighborhood / Alpine Ridge neighborhood in Rockford are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.9% of the neighborhoods in America. With 12.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.6% 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 Palmwood Neighborhood / Alpine Ridge neighborhood, 40.8% 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 28.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.7%), and 13.7% in clerical, assistant, and tech support occupations.
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 Palmwood Neighborhood / Alpine Ridge neighborhood is English, spoken by 83.5% of households. Other important languages spoken here include Spanish, Arabic and Polish.
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 Palmwood Neighborhood / Alpine Ridge neighborhood in Rockford, IL, residents most commonly identify their ethnicity or ancestry as German (18.1%). There are also a number of people of English ancestry (11.6%), and residents who report Irish roots (10.4%), and some of the residents are also of Mexican ancestry (9.3%), along with some Swedish ancestry residents (8.6%), among others. In addition, 12.9% 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 Palmwood Neighborhood / Alpine Ridge neighborhood spend under 15 minutes commuting one-way to work (44.6% of working residents), one of the shortest commutes across America.
Here most residents (81.8%) 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 (12.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.