menu




Real Estate Prices & Overview

Lakewood-Hillcrest median real estate price is $296,189, which is more expensive than 49.8% of the neighborhoods in Illinois and 37.4% of the neighborhoods in the U.S.

The average rental price in Lakewood-Hillcrest is currently $1,671, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.0% of Illinois neighborhoods.

Lakewood-Hillcrest is an urban neighborhood (based on population density) located in Bloomington, Illinois.

Lakewood-Hillcrest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lakewood-Hillcrest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Lakewood-Hillcrest are 2.8%, which is lower than one will find in 79.8% of American neighborhoods. Demand for real estate in Lakewood-Hillcrest 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.

Notable & Unique Neighborhood Characteristics

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 Bloomington, the Lakewood-Hillcrest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Lakewood-Hillcrest neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 11.4% executive lifestyle neighborhoods in the state of Illinois.

Diversity

Did you know that the Lakewood-Hillcrest neighborhood has more German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 38.0% of this neighborhood's residents have German ancestry.

Lakewood-Hillcrest is also pretty special linguistically. Significantly, 3.9% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 96.0% of the neighborhoods in America.

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 Lakewood-Hillcrest neighborhood in Bloomington are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.8% of the neighborhoods in America. In addition, 2.2% 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 73.8% of America'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 Lakewood-Hillcrest neighborhood, 50.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.7%), and 10.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Lakewood-Hillcrest neighborhood is English, spoken by 88.0% of households. Some people also speak Langs. of India (3.9%).

Ethnicity / Ancestry

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 Lakewood-Hillcrest neighborhood in Bloomington, IL, residents most commonly identify their ethnicity or ancestry as German (38.0%). There are also a number of people of Irish ancestry (14.3%), and residents who report English roots (11.0%), and some of the residents are also of Asian ancestry (9.9%), along with some Italian ancestry residents (4.6%), among others.

Getting to Work

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 Lakewood-Hillcrest neighborhood spend under 15 minutes commuting one-way to work (48.7% of working residents), one of the shortest commutes across America.

Here most residents (74.8%) 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.

Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby