Walden / Hawthorn Estates median real estate price is $312,656, which is more expensive than 54.4% of the neighborhoods in Illinois and 41.1% of the neighborhoods in the U.S.
The average rental price in Walden / Hawthorn Estates is currently $2,799, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.2% of the neighborhoods in Illinois.
Walden / Hawthorn Estates is a suburban neighborhood (based on population density) located in Schaumburg, Illinois.
Walden / Hawthorn Estates 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 Walden / Hawthorn Estates 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 Walden / Hawthorn Estates, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.8% of all neighborhoods in the U.S. This means that the housing supply in Walden / Hawthorn Estates is very tight compared to the demand for property here.
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.
One of the really unique and interesting things about the look and setting of the Walden / Hawthorn Estates neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 70.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.2% of all neighborhoods in America.
Did you know that the Walden / Hawthorn Estates neighborhood has more Asian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.5% of this neighborhood's residents have Asian ancestry and 10.3% have Polish ancestry.
Walden / Hawthorn Estates is also pretty special linguistically. Significantly, 1.6% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.
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 Walden / Hawthorn Estates neighborhood in Schaumburg are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.8% of the neighborhoods in America. In addition, 6.3% 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 60.8% 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 Walden / Hawthorn Estates neighborhood, 44.4% 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 24.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.6%), and 15.1% in clerical, assistant, and tech support occupations.
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 Walden / Hawthorn Estates neighborhood is English, spoken by 51.1% of households. Other important languages spoken here include Spanish, Langs. of India, Chinese and Korean.
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 Walden / Hawthorn Estates neighborhood in Schaumburg, IL, residents most commonly identify their ethnicity or ancestry as Asian (25.5%). There are also a number of people of Mexican ancestry (21.1%), and residents who report Polish roots (10.3%), and some of the residents are also of German ancestry (7.3%), along with some Sub-Saharan African ancestry residents (5.7%), among others. In addition, 39.6% of the residents of this neighborhood were born in another country.
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 Walden / Hawthorn Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (54.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (71.7%) 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 (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.