Five Pointers / Ridge Haven median real estate price is $174,280, which is less expensive than 77.8% of Illinois neighborhoods and 85.0% of all U.S. neighborhoods.
The average rental price in Five Pointers / Ridge Haven is currently $1,554, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.0% of Illinois neighborhoods.
Five Pointers / Ridge Haven is an urban neighborhood (based on population density) located in Rockford, Illinois.
Five Pointers / Ridge Haven 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 occupied by a mixture of owners and renters. Many of the residences in the Five Pointers / Ridge Haven neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Five Pointers / Ridge Haven are 4.2%, which is lower than one will find in 69.5% of American neighborhoods. Demand for real estate in Five Pointers / Ridge Haven is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Rockford, the Five Pointers / Ridge Haven neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Five Pointers / Ridge Haven has the amazing distinction of housing more same sex couples living together than 97.6% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
In addition, five Pointers / Ridge Haven is ranked among the top 8.6% of neighborhoods for first-time home buyers to consider in the state of Illinois according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Five Pointers / Ridge Haven neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.
Did you know that the Five Pointers / Ridge Haven neighborhood has more Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.9% of this neighborhood's residents have Croatian ancestry.
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 Five Pointers / Ridge Haven neighborhood in Rockford are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.5% of U.S. neighborhoods. With 12.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.0% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Five Pointers / Ridge Haven neighborhood, 37.8% 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 26.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.3%), and 14.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Five Pointers / Ridge Haven neighborhood is English, spoken by 66.6% of households. Some people also speak Spanish (23.5%).
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 Five Pointers / Ridge Haven neighborhood in Rockford, IL, residents most commonly identify their ethnicity or ancestry as Mexican (20.5%). There are also a number of people of German ancestry (14.9%), and residents who report Irish roots (8.1%), and some of the residents are also of English ancestry (6.6%), along with some Swedish ancestry residents (4.0%), among others. In addition, 16.3% of the residents of this neighborhood were born in another country.
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 Five Pointers / Ridge Haven neighborhood spend under 15 minutes commuting one-way to work (38.5% of working residents), one of the shortest commutes across America.
Here most residents (75.2%) 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 (17.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.