Lakewood-Hillcrest median real estate price is $296,648, which is more expensive than 49.2% of the neighborhoods in Illinois and 37.5% of the neighborhoods in the U.S.
The average rental price in Lakewood-Hillcrest is currently $1,466, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.4% 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 3.0%, which is lower than one will find in 79.1% 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.
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.
The Lakewood-Hillcrest neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 90.0% of Illinois neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for college students.
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.
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 67.9% of the neighborhoods in America. In addition, 2.1% 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 74.5% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Lakewood-Hillcrest neighborhood, 50.2% 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 20.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.3%), and 12.0% in manufacturing and laborer occupations.
The most common language spoken in the Lakewood-Hillcrest neighborhood is English, spoken by 88.8% of households. Some people also speak Langs. of India (3.9%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Lakewood-Hillcrest neighborhood in Bloomington, IL, residents most commonly identify their ethnicity or ancestry as German (32.6%). There are also a number of people of Irish ancestry (15.8%), and residents who report English roots (11.1%), and some of the residents are also of Asian ancestry (9.9%), along with some Italian ancestry residents (4.5%), 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 Lakewood-Hillcrest neighborhood spend under 15 minutes commuting one-way to work (49.7% of working residents), one of the shortest commutes across America.
Here most residents (78.7%) 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 (5.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.