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Real Estate Prices & Overview

Clearing median real estate price is $333,386, which is more expensive than 58.8% of the neighborhoods in Illinois and 44.6% of the neighborhoods in the U.S.

The average rental price in Clearing is currently $2,183, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.8% of the neighborhoods in Illinois.

Clearing is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

Clearing real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Clearing neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.7% in Clearing. NeighborhoodScout analysis shows that this rate is lower than 55.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

Diversity

Did you know that the Clearing neighborhood has more Lithuanian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Lithuanian ancestry and 56.9% have Mexican ancestry.

Clearing is also pretty special linguistically. Significantly, 56.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.1% of all U.S. neighborhoods.

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 Clearing neighborhood in Chicago are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.0% of the neighborhoods in America. In addition, 7.3% 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 57.9% 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 Clearing neighborhood, 33.2% 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 29.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (27.6%), and 9.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Clearing neighborhood is Spanish, spoken by 56.9% of households. Some people also speak English (37.4%).

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 Clearing neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (56.9%). There are also a number of people of Polish ancestry (6.3%), and residents who report Italian roots (5.6%), and some of the residents are also of German ancestry (5.5%), along with some Irish ancestry residents (5.1%), among others. In addition, 19.7% 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 Clearing neighborhood spend between 30 and 45 minutes commuting one-way to work (37.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (72.3%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (7.9%) and 6.5% 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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