Lincoln Heights median real estate price is $266,077, which is more expensive than 43.2% of the neighborhoods in Illinois and 31.6% of the neighborhoods in the U.S.
The average rental price in Lincoln Heights is currently $1,843, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.2% of Illinois neighborhoods.
Lincoln Heights is an urban neighborhood (based on population density) located in Waukegan, Illinois.
Lincoln Heights 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 Lincoln Heights 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 Lincoln Heights, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 89.7% of all neighborhoods in the U.S. This means that the housing supply in Lincoln Heights 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 Waukegan, the Lincoln Heights neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Our research shows that more people carpool to work here in the Lincoln Heights (30.0%) than in 98.7% of the neighborhoods in America.
NeighborhoodScout's exclusive research identifies the Lincoln Heights 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 44.1% of its working residents employed in such fields, which is a higher proportion than 97.0% of American neighborhoods.
According to NeighborhoodScout's research, Lincoln Heights is better suited for first-time home buyers than 85.0% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Illinois. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood
Did you know that the Lincoln Heights neighborhood has more Armenian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Armenian ancestry and 60.7% have Mexican ancestry.
Lincoln Heights is also pretty special linguistically. Significantly, 0.2% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.
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 Lincoln Heights neighborhood in Waukegan are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 44.5% of the neighborhoods in America. With 18.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.2% 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 Lincoln Heights neighborhood, 44.1% 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 22.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.1%), and 13.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Lincoln Heights neighborhood is Spanish, spoken by 56.4% of households. Some people also speak English (40.6%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Lincoln Heights neighborhood in Waukegan, IL, residents most commonly identify their ethnicity or ancestry as Mexican (60.7%). There are also a number of people of German ancestry (5.6%), and residents who report Puerto Rican roots (3.3%), and some of the residents are also of Irish ancestry (2.7%), along with some Polish ancestry residents (2.1%), among others. In addition, 30.5% 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 Lincoln Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (32.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (66.0%) 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 (30.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.