Chatham Northeast median real estate price is $202,562, which is more expensive than 28.8% of the neighborhoods in Illinois and 19.8% of the neighborhoods in the U.S.
The average rental price in Chatham Northeast is currently $1,677, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.6% of Illinois neighborhoods.
Chatham Northeast is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
Chatham Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Chatham Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Chatham Northeast has a 13.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
More people ride the bus in this neighborhood each day to get to work than 99.5% of U.S. neighborhoods.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 13.0% of the Chatham Northeast neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.5% of America's neighborhoods.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Chatham Northeast neighborhood has a highly unusual pattern of car ownership. 52.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.8% of U.S. neighborhoods.
Renter-occupied real estate is dominant in the Chatham Northeast neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.0%, which is higher than 98.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, if you like crowded places, then you will probably enjoy the the Chatham Northeast neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.7% of neighborhoods in the U.S., with 28,654 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Chatham Northeast neighborhood is one of the most walkable neighborhoods in America.
Furthermore, one of the really unique and interesting things about the look and setting of the Chatham Northeast neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 72.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.5% of all neighborhoods in America.
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: 54.3%. This is a higher percent living alone than we found in 97.2% 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.
In addition, the Chatham Northeast neighborhood stands out for having an average per capita income lower than 97.0% of the neighborhoods in the United States.
Also, the Chatham Northeast neighborhood is unique for having just 7.1% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.8% of America's neighborhoods.
NeighborhoodScout's exclusive research identifies the Chatham Northeast neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.1% of its working residents employed in such fields, which is a higher proportion than 95.7% of American neighborhoods.
Did you know that the Chatham Northeast neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.7% of this neighborhood's residents have Sub-Saharan African ancestry and 14.4% have African ancestry.
Chatham Northeast is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.
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 Chatham Northeast 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 97.0% of U.S. neighborhoods. With 14.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.8% 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 Chatham Northeast neighborhood, 42.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 30.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.2%), and 8.3% in executive, management, and professional occupations.
Languages
The most common language spoken in the Chatham Northeast neighborhood is English, spoken by 97.4% of households.
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 Chatham Northeast neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (32.7%). There are also a number of people of African ancestry (14.4%), and residents who report Asian roots (1.2%).
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 Chatham Northeast neighborhood spend between 45 minutes and one hour commuting one-way to work (45.6% of working residents), longer and tougher than most commutes in America.
Here most residents (47.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (25.8%) and 13.0% of residents also take the train 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.
