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Real Estate Prices & Overview

Back Of The Yards Northwest median real estate price is $245,577, which is more expensive than 40.7% of the neighborhoods in Illinois and 29.6% of the neighborhoods in the U.S.

The average rental price in Back Of The Yards Northwest is currently $1,476, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.4% of Illinois neighborhoods.

Back Of The Yards Northwest is an urban neighborhood (based on population density) located in Chicago, Illinois.

Back Of The Yards Northwest real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Back Of The Yards Northwest neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 9.3% in Back Of The Yards Northwest. NeighborhoodScout analysis shows that this rate is lower than 41.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Modes of Transportation

Our research shows that more people carpool to work here in the Back Of The Yards Northwest (24.3%) than in 96.7% of the neighborhoods in America.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Back Of The Yards Northwest neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 37.4% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.6% of America's neighborhoods.

Occupations

More people work in manufacturing and as laborers here in the Back Of The Yards Northwest neighborhood than in 95.6% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Back Of The Yards Northwest neighborhood buck this trend. 20.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.4% of U.S. neighborhoods.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Back Of The Yards Northwest neighborhood has more single mother households than 95.2% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Diversity

Did you know that the Back Of The Yards Northwest neighborhood has more Mexican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.7% of this neighborhood's residents have Mexican ancestry and 8.3% have Puerto Rican ancestry.

Back Of The Yards Northwest is also pretty special linguistically. Significantly, 79.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.5% of all U.S. neighborhoods.

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 Back Of The Yards Northwest neighborhood in Chicago are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.3% of U.S. neighborhoods. With 50.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.2% 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 Back Of The Yards Northwest neighborhood, 42.3% 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 23.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.6%), and 12.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Back Of The Yards Northwest neighborhood is Spanish, spoken by 79.4% of households. Some people also speak English (19.2%).

Ethnicity / Ancestry

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 Back Of The Yards Northwest neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (77.7%). There are also a number of people of Puerto Rican ancestry (8.3%), and residents who report Irish roots (4.4%), and some of the residents are also of Italian ancestry (1.7%), along with some Asian ancestry residents (1.2%), among others. In addition, 32.0% of the residents of this neighborhood were born in another country.

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 Back Of The Yards Northwest neighborhood spend between 30 and 45 minutes commuting one-way to work (47.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (52.5%) 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 (24.3%) and 5.5% of residents also take the train for their daily commute. 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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