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Real Estate Prices & Overview

Wildwood / Boardwalk median real estate price is $593,502, which is more expensive than 88.9% of the neighborhoods in Illinois and 74.1% of the neighborhoods in the U.S.

The average rental price in Wildwood / Boardwalk is currently $4,011, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.1% of the neighborhoods in Illinois.

Wildwood / Boardwalk is a suburban neighborhood (based on population density) located in Park Ridge, Illinois.

Wildwood / Boardwalk real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Wildwood / Boardwalk 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 8.2% in Wildwood / Boardwalk. NeighborhoodScout analysis shows that this rate is lower than 46.7% 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 Park Ridge, the Wildwood / Boardwalk neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Wildwood / Boardwalk neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Wildwood / Boardwalk community truly stands out from the rest in this regard.

In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Wildwood / Boardwalk neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 97.3% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Wildwood / Boardwalk neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for active retirees and families with school-aged children.

Also, 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 35.1% 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 95.0% 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.

Real Estate

Owner-occupied real estate dominates the Wildwood / Boardwalk neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.8% of neighborhoods in America.

Occupations

Executives, managers and professionals make up 69.1% of the workforce in the Wildwood / Boardwalk neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.0% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Wildwood / Boardwalk neighborhood has more Belgian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Belgian ancestry and 23.6% have Polish ancestry.

Wildwood / Boardwalk is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

The Neighbors

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 Wildwood / Boardwalk neighborhood in Park Ridge are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.2% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Wildwood / Boardwalk neighborhood, 69.1% 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 12.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.5%), and 8.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Wildwood / Boardwalk neighborhood is English, spoken by 69.2% of households. Other important languages spoken here include Polish, Spanish and Greek.

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 Wildwood / Boardwalk neighborhood in Park Ridge, IL, residents most commonly identify their ethnicity or ancestry as Polish (23.6%). There are also a number of people of German ancestry (17.9%), and residents who report Irish roots (17.0%), and some of the residents are also of Italian ancestry (12.5%), along with some Asian ancestry residents (5.5%), among others. In addition, 19.3% 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 Wildwood / Boardwalk neighborhood spend between 45 minutes and one hour commuting one-way to work (27.1% of working residents), longer and tougher than most commutes in America.

Here most residents (67.0%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.5%) and 7.7% of residents also carpool with coworkers, friends, or neighbors 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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