menu






Real Estate Prices & Overview

South Melrose Park median real estate price is $287,681, which is more expensive than 47.1% of the neighborhoods in Illinois and 35.8% of the neighborhoods in the U.S.

The average rental price in South Melrose Park is currently $2,022, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.8% of Illinois neighborhoods.

South Melrose Park is a densely urban neighborhood (based on population density) located in Melrose Park, Illinois.

South Melrose Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the South Melrose Park neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 9.1% in South Melrose Park. NeighborhoodScout analysis shows that this rate is lower than 40.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

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 South Melrose Park 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 50.4% of the real estate here is made up of such dwellings, which is higher than 98.5% of all U.S. neighborhoods.

In addition, 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 South Melrose Park neighborhood is one of the most walkable neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the South Melrose Park 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 43.1% of its working residents employed in such fields, which is a higher proportion than 96.2% of American neighborhoods.

Modes of Transportation

In the South Melrose Park neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.0% of commuters carpool here, which is more than in 95.6% of all U.S. neighborhoods.

Diversity

Did you know that the South Melrose Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.3% of this neighborhood's residents have Mexican ancestry.

South Melrose Park is also pretty special linguistically. Significantly, 76.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.2% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the South Melrose Park neighborhood. More residents of the South Melrose Park neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.1% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 South Melrose Park neighborhood in Melrose Park are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.3% of U.S. neighborhoods. With 10.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.6% 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 South Melrose Park neighborhood, 43.1% of the working population is employed in manufacturing and laborer 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 29.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.1%), and 9.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the South Melrose Park neighborhood is Spanish, spoken by 76.1% of households. Some people also speak English (22.0%).

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 Melrose Park neighborhood in Melrose Park, IL, residents most commonly identify their ethnicity or ancestry as Mexican (77.3%). There are also a number of people of Puerto Rican ancestry (4.6%), and residents who report Italian roots (3.3%), and some of the residents are also of South American ancestry (2.2%), along with some German ancestry residents (1.5%), among others. In addition, 35.7% 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 South Melrose Park neighborhood spend between 15 and 30 minutes commuting one-way to work (39.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.8%) 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 (23.0%) . 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:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby