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Real Estate Prices & Overview

Quincy Southeast median real estate price is $307,601, which is more expensive than 56.0% of the neighborhoods in Illinois and 41.3% of the neighborhoods in the U.S.

The average rental price in Quincy Southeast is currently $1,137, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.4% of Illinois neighborhoods.

Quincy Southeast is a suburban neighborhood (based on population density) located in Quincy, Illinois.

Quincy Southeast real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Quincy Southeast 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 Quincy Southeast, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 81.1% of all neighborhoods in the U.S. This means that the housing supply in Quincy Southeast is very tight compared to the demand for property here.

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 Quincy, the Quincy Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Quincy Southeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Quincy Southeast neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.2% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

If you're nearing retirement age, or in retirement, the Quincy Southeast is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.8% of retiree-friendly neighborhoods in Illinois, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Illinois.

Diversity

Did you know that the Quincy Southeast neighborhood has more German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 37.1% of this neighborhood's residents have German ancestry.

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 Quincy Southeast neighborhood in Quincy are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.2% of the neighborhoods in America. In addition, 8.2% 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 55.3% 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 Quincy Southeast neighborhood, 43.8% 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 30.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.2%), and 12.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Quincy Southeast neighborhood is English, spoken by 96.8% of households.

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 Quincy Southeast neighborhood in Quincy, IL, residents most commonly identify their ethnicity or ancestry as German (37.1%). There are also a number of people of Irish ancestry (11.2%), and residents who report English roots (10.0%), and some of the residents are also of Italian ancestry (5.2%), along with some French ancestry residents (5.0%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Quincy Southeast neighborhood spend under 15 minutes commuting one-way to work (62.2% of working residents), one of the shortest commutes across America.

Here most residents (85.1%) drive alone in a private automobile to get to work. 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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