Frank Lloyd Wright Historic District median real estate price is $880,177, which is more expensive than 96.3% of the neighborhoods in Illinois and 87.1% of the neighborhoods in the U.S.
The average rental price in Frank Lloyd Wright Historic District is currently $3,769, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.2% of the neighborhoods in Illinois.
Frank Lloyd Wright Historic District is an urban neighborhood (based on population density) located in Oak Park, Illinois.
Frank Lloyd Wright Historic District real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Frank Lloyd Wright Historic District 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 7.8% in Frank Lloyd Wright Historic District. NeighborhoodScout analysis shows that this rate is lower than 49.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
People
Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Frank Lloyd Wright Historic District neighborhood: a neighborhood in which more "urban sophisticates" live than 100.0% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.
In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 56.8% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.7% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.5% of America's neighborhoods are wealthier than the Frank Lloyd Wright Historic District neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Finally, 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 Frank Lloyd Wright Historic District neighborhood may actually hold the key. 73.8% of its residents are married, which is a higher percentage than is found in 98.6% of the neighborhoods in America.
Occupations
The Frank Lloyd Wright Historic District neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.9% of the neighborhoods in America. In fact, 79.0% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Modes of Transportation
In the Frank Lloyd Wright Historic District neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 33.6% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 98.4% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Also, in the Frank Lloyd Wright Historic District neighborhood, 21.2% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.3% of the neighborhoods in America.
Real Estate
One way that the Frank Lloyd Wright Historic District neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.5% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 79.4% of the residential real estate in the Frank Lloyd Wright Historic District neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Diversity
Did you know that the Frank Lloyd Wright Historic District neighborhood has more Austrian and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Austrian ancestry and 1.5% have Lithuanian ancestry.
Frank Lloyd Wright Historic District is also pretty special linguistically. Significantly, 2.4% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 97.2% 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 Frank Lloyd Wright Historic District neighborhood in Oak Park are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.5% of the neighborhoods in America. In addition, 4.0% 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 68.1% of America'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 Frank Lloyd Wright Historic District neighborhood, 79.0% 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 15.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.1%), and 3.9% in government jobs, whether they are in local, state, or federal positions.
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 Frank Lloyd Wright Historic District neighborhood is English, spoken by 93.7% of households. Other important languages spoken here include German/Yiddish and Spanish.
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 Frank Lloyd Wright Historic District neighborhood in Oak Park, IL, residents most commonly identify their ethnicity or ancestry as German (28.4%). There are also a number of people of Irish ancestry (22.4%), and residents who report English roots (10.6%), and some of the residents are also of Polish ancestry (8.5%), along with some Italian ancestry residents (5.1%), among others.
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 Frank Lloyd Wright Historic District neighborhood spend between 45 minutes and one hour commuting one-way to work (41.0% of working residents), longer and tougher than most commutes in America.
Here most residents (37.5%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (21.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
