W Hubbard St / N State St median real estate price is $596,842, which is more expensive than 87.1% of the neighborhoods in Illinois and 72.5% of the neighborhoods in the U.S.
The average rental price in W Hubbard St / N State St is currently $4,349, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.0% of the neighborhoods in Illinois.
W Hubbard St / N State St is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
W Hubbard St / N State St 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 W Hubbard St / N State St neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in W Hubbard St / N State St. The current real estate vacancy rate here is 19.9%. This is higher than the rate of vacancies in 87.5% 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.
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 Chicago, the W Hubbard St / N State St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the W Hubbard St / N State St neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the W Hubbard St / N State St community truly stands out from the rest in this regard.
In addition, the rate of college educated adults in the W Hubbard St / N State St neighborhood is a unique characteristic of the neighborhood. 92.3% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.9% of all U.S. neighborhoods.
Also, one of the most interesting things about the W Hubbard St / N State St neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 60.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.8% of the neighborhoods in America.
Finally, a unique characteristic about the people in the W Hubbard St / N State St neighborhood is that a majority of them are young, single professionals. In fact, there are more young, single professionals in this one community than 96.6% of neighborhoods in the U.S. Here you'll find an active nightlife nearby with lots of opportunities to flirt and find romance. In addition to being an excellent choice for young, single professionals, this neighborhood is also a very good choice for urban sophisticates.
The real estate in the W Hubbard St / N State St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 98.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.8% of American neighborhoods.
In addition, what you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 83,791 people per square mile, it is more densely populated than 99.4% of America's neighborhoods.
Furthermore, the W Hubbard St / N State St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 93.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
The W Hubbard St / N State St neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.7% of the neighborhoods in America. In fact, 85.0% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
More people in W Hubbard St / N State St choose to walk to work each day (32.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, in the W Hubbard St / N State St neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 34.0% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.1% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 10.4% of the W Hubbard St / N State St neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.6% of America's neighborhoods.
American households most often have a car, and regularly they have two or three. But households in the W Hubbard St / N State St neighborhood buck this trend. 55.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.0% of U.S. neighborhoods.
Did you know that the W Hubbard St / N State St neighborhood has more Russian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have Russian ancestry and 3.5% have Greek ancestry.
W Hubbard St / N State St is also pretty special linguistically. Significantly, 8.6% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the W Hubbard St / N State St neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Hubbard St / N State St neighborhood in Chicago are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 90.7% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the W Hubbard St / N State St neighborhood, 85.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 8.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.3%).
Languages
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 W Hubbard St / N State St neighborhood is English, spoken by 80.4% of households. Other important languages spoken here include Polish, Spanish and Langs. of India.
Ethnicity / Ancestry
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 W Hubbard St / N State St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as German (18.1%). There are also a number of people of Irish ancestry (13.8%), and residents who report Asian roots (12.2%), and some of the residents are also of Russian ancestry (9.1%), along with some Italian ancestry residents (8.0%), among others. In addition, 18.1% 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 W Hubbard St / N State St neighborhood spend between 15 and 30 minutes commuting one-way to work (52.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (32.1%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (12.2%) and 10.4% of residents also take the train for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
