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Real Estate Prices & Overview

Colonial Ridge / Ballard Gardens median real estate price is $236,723, which is less expensive than 63.7% of Illinois neighborhoods and 73.5% of all U.S. neighborhoods.

The average rental price in Colonial Ridge / Ballard Gardens is currently $2,811, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.4% of the neighborhoods in Illinois.

Colonial Ridge / Ballard Gardens is a densely urban neighborhood (based on population density) located in Des Plaines, Illinois.

Colonial Ridge / Ballard Gardens real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Colonial Ridge / Ballard Gardens neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Colonial Ridge / Ballard Gardens. The current real estate vacancy rate here is 16.6%. This is higher than the rate of vacancies in 81.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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.

People

Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Colonial Ridge / Ballard Gardens neighborhood may actually hold the key. 73.6% of its residents are married, which is a higher percentage than is found in 98.5% of the neighborhoods in America.

In addition, the Colonial Ridge / Ballard Gardens neighborhood stands out within Illinois for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.3% of college-friendly places to live in IL. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates and active retirees.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Colonial Ridge / Ballard Gardens neighborhood has a greater percentage of residents born in another country (58.9%) than are found in 99.1% of all U.S. neighborhoods.

Diversity

Did you know that the Colonial Ridge / Ballard Gardens neighborhood has more Asian and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.9% of this neighborhood's residents have Asian ancestry and 2.5% have Haitian ancestry.

Colonial Ridge / Ballard Gardens is also pretty special linguistically. Significantly, 34.2% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

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 Colonial Ridge / Ballard Gardens neighborhood in Des Plaines are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.2% of the neighborhoods in America. With 15.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.9% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Colonial Ridge / Ballard Gardens neighborhood, 48.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.0%), and 13.9% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Colonial Ridge / Ballard Gardens neighborhood is Langs. of India, spoken by 34.2% of households. Other important languages spoken here include English, Spanish, Tagalog (the first language of the Philippine region) and Polish.

Ethnicity / Ancestry

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 Colonial Ridge / Ballard Gardens neighborhood in Des Plaines, IL, residents most commonly identify their ethnicity or ancestry as Asian (42.9%). There are also a number of people of Mexican ancestry (27.2%), and residents who report German roots (8.7%), and some of the residents are also of Polish ancestry (7.0%), along with some Puerto Rican ancestry residents (3.8%), among others. In addition, 58.9% 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 Colonial Ridge / Ballard Gardens neighborhood spend between 15 and 30 minutes commuting one-way to work (70.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.3%) 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 (6.1%) . 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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