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Real Estate Prices & Overview

North Peoria median real estate price is $247,808, which is more expensive than 41.3% of the neighborhoods in Illinois and 30.2% of the neighborhoods in the U.S.

The average rental price in North Peoria is currently $1,253, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.0% of Illinois neighborhoods.

North Peoria is a suburban neighborhood (based on population density) located in Peoria, Illinois.

North Peoria real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the North Peoria neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In North Peoria, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 80.6% of all neighborhoods in the U.S. This means that the housing supply in North Peoria is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 56.0%. This is a higher percent living alone than we found in 98.0% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Diversity

Did you know that the North Peoria neighborhood has more Lebanese and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.2% of this neighborhood's residents have Lebanese ancestry and 6.0% have Arab ancestry.

North Peoria is also pretty special linguistically. Significantly, 5.1% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.5% of the neighborhoods in America.

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 North Peoria neighborhood in Peoria are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.0% of U.S. neighborhoods. In addition, 5.5% 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 63.1% 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 North Peoria neighborhood, 54.4% 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 18.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 10.9% in manufacturing and laborer 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 North Peoria neighborhood is English, spoken by 80.8% of households. Other important languages spoken here include Arabic, Vietnamese, German/Yiddish and Chinese.

Ethnicity / Ancestry

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 North Peoria neighborhood in Peoria, IL, residents most commonly identify their ethnicity or ancestry as Asian (11.7%). There are also a number of people of German ancestry (11.1%), and residents who report Sub-Saharan African roots (8.7%), and some of the residents are also of African ancestry (8.7%), along with some Irish ancestry residents (7.1%), among others. In addition, 12.2% 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 North Peoria neighborhood spend between 15 and 30 minutes commuting one-way to work (45.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.4%) 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 (5.1%) . 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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