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Real Estate Prices & Overview

S Lowe Ave / W 29th St median real estate price is $438,386, which is more expensive than 74.4% of the neighborhoods in Illinois and 58.6% of the neighborhoods in the U.S.

The average rental price in S Lowe Ave / W 29th St is currently $2,045, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.4% of Illinois neighborhoods.

S Lowe Ave / W 29th St is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

S Lowe Ave / W 29th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings 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 S Lowe Ave / W 29th St 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 7.2% in S Lowe Ave / W 29th St. NeighborhoodScout analysis shows that this rate is lower than 51.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

The S Lowe Ave / W 29th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,010 persons per square mile in the neighborhood, it is more packed with people than 97.4% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The S Lowe Ave / W 29th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 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 S Lowe Ave / W 29th St 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, 45.3% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.9% of America's neighborhoods.

People

The S Lowe Ave / W 29th St 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 9.2% of college-friendly places to live in IL.

Diversity

Did you know that the S Lowe Ave / W 29th St neighborhood has more Asian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 55.9% of this neighborhood's residents have Asian ancestry and 4.3% have Arab ancestry.

S Lowe Ave / W 29th St is also pretty special linguistically. Significantly, 48.7% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the S Lowe Ave / W 29th St neighborhood has a greater percentage of residents born in another country (45.5%) than are found in 96.2% 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 S Lowe Ave / W 29th St neighborhood in Chicago are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.3% of U.S. neighborhoods. With 12.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.7% 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 S Lowe Ave / W 29th St neighborhood, 36.6% 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 25.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.4%), and 14.9% in clerical, assistant, and tech support 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 S Lowe Ave / W 29th St neighborhood is Chinese, spoken by 48.7% of households. Other important languages spoken here include English, Spanish, Arabic and Italian.

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 S Lowe Ave / W 29th St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Asian (55.9%). There are also a number of people of Italian ancestry (8.6%), and residents who report Mexican roots (7.6%), and some of the residents are also of German ancestry (5.7%), along with some Irish ancestry residents (5.4%), among others. In addition, 45.5% 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 S Lowe Ave / W 29th St neighborhood spend between 15 and 30 minutes commuting one-way to work (43.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (47.6%) 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 (19.8%) and 7.2% 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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