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Real Estate Prices & Overview

W 66th St / S May St median real estate price is $187,662, which is less expensive than 74.7% of Illinois neighborhoods and 82.9% of all U.S. neighborhoods.

The average rental price in W 66th St / S May St is currently $1,712, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.1% of Illinois neighborhoods.

W 66th St / S May St is an urban neighborhood (based on population density) located in Chicago, Illinois.

W 66th St / S May St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the W 66th St / S May St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in W 66th St / S May St. The current real estate vacancy rate here is 23.5%. This is higher than the rate of vacancies in 91.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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.

Occupations

There are more people living in the W 66th St / S May St neighborhood employed as sales and service workers (57.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the W 66th St / S May St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 43.2% of the real estate here is made up of such dwellings, which is higher than 97.7% of all U.S. neighborhoods.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 97.5% of U.S. neighborhoods.

Also, in the W 66th St / S May St neighborhood, 15.9% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.0% of the neighborhoods in America.

People

The W 66th St / S May St neighborhood stands out for having an average per capita income lower than 97.4% of the neighborhoods in the United States.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 51.8%. This is a higher percent living alone than we found in 96.2% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Diversity

Did you know that the W 66th St / S May St neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.1% of this neighborhood's residents have African ancestry and 16.2% have Sub-Saharan African ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the W 66th St / S May St neighborhood in Chicago are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.4% of U.S. neighborhoods. With 23.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.5% of U.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 W 66th St / S May St neighborhood, 42.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 20.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.6%), and 16.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the W 66th St / S May St neighborhood is English, spoken by 92.6% of households. Some people also speak Spanish (5.4%).

Ethnicity / Ancestry

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 W 66th St / S May St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (16.2%). There are also a number of people of African ancestry (14.1%), and residents who report Mexican roots (9.3%), and some of the residents are also of Irish ancestry (4.0%), along with some Asian ancestry residents (2.0%), 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 W 66th St / S May St neighborhood spend under 15 minutes commuting one-way to work (28.1% of working residents), one of the shortest commutes across America.

Here most residents (48.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (15.9%) and 14.5% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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