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Real Estate Prices & Overview

South Elmhurst median real estate price is $757,036, which is more expensive than 94.2% of the neighborhoods in Illinois and 82.9% of the neighborhoods in the U.S.

The average rental price in South Elmhurst is currently $3,573, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.5% of the neighborhoods in Illinois.

South Elmhurst is an urban neighborhood (based on population density) located in Elmhurst, Illinois.

South Elmhurst real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the South Elmhurst neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Real estate vacancies in South Elmhurst are 3.5%, which is lower than one will find in 76.8% of American neighborhoods. Demand for real estate in South Elmhurst 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 Elmhurst, the South Elmhurst neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

According to NeighborhoodScout's exclusive analysis, South Elmhurst is among the best neighborhoods for families in Illinois. In fact, this neighborhood is more family-friendly than 99.9% of neighborhoods in the entire state of Illinois. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the South Elmhurst neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates, college students and highly educated executives.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the South Elmhurst neighborhood may actually hold the key. 72.7% of its residents are married, which is a higher percentage than is found in 98.1% of the neighborhoods in America.

Also, the rate of college educated adults in the South Elmhurst neighborhood is a unique characteristic of the neighborhood. 77.0% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.8% of all U.S. neighborhoods.

Finally, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.9% of America's neighborhoods are wealthier than the South Elmhurst neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Real Estate

Owner-occupied real estate dominates the South Elmhurst neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.3% of neighborhoods in America.

In addition, the South Elmhurst neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 99.4% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.2% of all neighborhoods in America.

Diversity

Did you know that the South Elmhurst neighborhood has more Romanian and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Romanian ancestry and 1.4% have Lithuanian ancestry.

South Elmhurst is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.

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 South Elmhurst neighborhood in Elmhurst 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 96.1% of the neighborhoods in America. In addition, 4.3% 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 67.0% 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 South Elmhurst neighborhood, 60.8% 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 19.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.0%), and 4.5% in clerical, assistant, and tech support occupations.

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 South Elmhurst neighborhood is English, spoken by 87.6% of households. Other important languages spoken here include Spanish, Langs. of India and Arabic.

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 South Elmhurst neighborhood in Elmhurst, IL, residents most commonly identify their ethnicity or ancestry as German (22.2%). There are also a number of people of Irish ancestry (20.9%), and residents who report Polish roots (11.6%), and some of the residents are also of Italian ancestry (10.1%), along with some Mexican ancestry residents (10.0%), 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 South Elmhurst neighborhood spend between 15 and 30 minutes commuting one-way to work (37.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.6%) 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 (6.2%) and 5.9% 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.


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