Canterbury Lakes median real estate price is $600,187, which is more expensive than 89.2% of the neighborhoods in Illinois and 74.5% of the neighborhoods in the U.S.
The average rental price in Canterbury Lakes is currently $2,565, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.5% of the neighborhoods in Illinois.
Canterbury Lakes is a remote neighborhood (based on population density) located in Monee, Illinois.
Canterbury Lakes 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 Canterbury Lakes neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Canterbury Lakes, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 89.9% of all neighborhoods in the U.S. This means that the housing supply in Canterbury Lakes is very tight compared to the demand for property here.
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 Monee, the Canterbury Lakes 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 Canterbury Lakes 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 Canterbury Lakes community truly stands out from the rest in this regard.
In addition, if you're looking for a great spot to raise a family, then look no further than the Canterbury Lakes neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 11.6% of family-friendly neighborhoods across the state of Illinois. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.
Real estate in the Canterbury Lakes neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.6% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Did you know that the Canterbury Lakes neighborhood has more Lithuanian and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Lithuanian ancestry and 7.3% have Dutch ancestry.
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 Canterbury Lakes neighborhood in Monee 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 86.6% 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.
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 Canterbury Lakes neighborhood, 36.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.5%), and 14.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Canterbury Lakes neighborhood is English, spoken by 92.3% of households. Some people also speak Spanish (4.8%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Canterbury Lakes neighborhood in Monee, IL, residents most commonly identify their ethnicity or ancestry as Irish (25.6%). There are also a number of people of German ancestry (21.8%), and residents who report Polish roots (15.0%), and some of the residents are also of Mexican ancestry (14.6%), along with some Dutch ancestry residents (7.3%), among others.
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 Canterbury Lakes neighborhood spend between 45 minutes and one hour commuting one-way to work (37.2% of working residents), longer and tougher than most commutes in America.
Here most residents (79.6%) 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%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.