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Real Estate Prices & Overview

Optima Horizons / Sherman Plaza median real estate price is $367,671, which is more expensive than 63.0% of the neighborhoods in Illinois and 48.6% of the neighborhoods in the U.S.

The average rental price in Optima Horizons / Sherman Plaza is currently $4,223, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.7% of the neighborhoods in Illinois.

Optima Horizons / Sherman Plaza is a densely urban neighborhood (based on population density) located in Evanston, Illinois.

Optima Horizons / Sherman Plaza 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Optima Horizons / Sherman Plaza neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Optima Horizons / Sherman Plaza has a 13.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.2% 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.

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.

People

Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 90.6% of the adults living in the Optima Horizons / Sherman Plaza neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.7% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

In addition, a unique characteristic about the people in the Optima Horizons / Sherman Plaza neighborhood is that a majority of them are young, single professionals. In fact, there are more young, single professionals in this one community than 95.6% of neighborhoods in the U.S. Here you'll find an active nightlife nearby with lots of opportunities to flirt and find romance.

Real Estate

One of the really unique and interesting things about the look and setting of the Optima Horizons / Sherman Plaza neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.7% 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 99.3% of all neighborhoods in America.

In addition, if you like crowded places, then you will probably enjoy the the Optima Horizons / Sherman Plaza neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.2% of neighborhoods in the U.S., with 25,691 people per square mile living here.

Modes of Transportation

More people in Optima Horizons / Sherman Plaza choose to walk to work each day (23.8%) 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, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Optima Horizons / Sherman Plaza neighborhood is a fantastic option for bicycle commuters, as 2.7% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 95.3% of the neighborhoods in America.

Finally, in the Optima Horizons / Sherman Plaza neighborhood, 8.4% 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 95.1% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Optima Horizons / Sherman Plaza neighborhood buck this trend. 33.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.5% of U.S. neighborhoods.

Occupations

The Optima Horizons / Sherman Plaza neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.8% of the neighborhoods in America. In fact, 71.9% 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.

Diversity

Did you know that the Optima Horizons / Sherman Plaza neighborhood has more Russian and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have Russian ancestry and 1.0% have Belgian ancestry.

Optima Horizons / Sherman Plaza is also pretty special linguistically. Significantly, 10.9% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.0% of the neighborhoods in America.

Migration / Stability

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 Optima Horizons / Sherman Plaza neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 Optima Horizons / Sherman Plaza neighborhood in Evanston are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.1% of U.S. neighborhoods. With 22.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.0% 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 Optima Horizons / Sherman Plaza neighborhood, 71.9% 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 15.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.3%).

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 Optima Horizons / Sherman Plaza neighborhood is English, spoken by 66.6% of households. Other important languages spoken here include Chinese, Spanish and Korean.

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 Optima Horizons / Sherman Plaza neighborhood in Evanston, IL, residents most commonly identify their ethnicity or ancestry as Asian (25.5%). There are also a number of people of German ancestry (14.4%), and residents who report English roots (7.9%), and some of the residents are also of Irish ancestry (6.2%), along with some Russian ancestry residents (5.5%), among others. In addition, 30.4% of the residents of this neighborhood were born in another country.

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 Optima Horizons / Sherman Plaza neighborhood spend under 15 minutes commuting one-way to work (33.6% of working residents), one of the shortest commutes across America.

Here most residents (25.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (23.8%) and 11.4% of residents also carpool with coworkers, friends, or neighbors 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.

Real Estate includes:
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Economics & Demographics include:
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Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
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Schools include:
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