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Real Estate Prices & Overview

Median real estate price in the City Center of Cairo is $46,116, which is less expensive than 99.1% of Illinois neighborhoods and 99.3% of all U.S. neighborhoods.

The average rental price in Cairo City Center is currently $1,432, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.5% of Illinois neighborhoods.

Cairo City Center is a rural neighborhood (based on population density) located in Cairo, Illinois.

Real estate in the City Center of Cairo, IL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Cairo City Center. The current real estate vacancy rate here is 57.4%. This is higher than the rate of vacancies in 99.2% 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

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 Cairo, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 71.4%. This is a higher percent living alone than we found in 99.8% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

In addition, one of the unique characteristics of the Cairo City Center neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.6% of the neighborhoods in America.

Also, the Cairo City Center neighborhood is unique for having just 6.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.9% of America's neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Cairo City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 78.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 57.4% of the residential real estate vacant, the Cairo City Center neighborhood claims the distinction of having a higher vacancy rate than 99.2% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Cairo City Center neighborhood have a highly unusual car ownership. 19.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.0% of U.S. neighborhoods.

Modes of Transportation

While most Americans do drive to work alone each day, the Cairo City Center neighborhood stands out by having 92.2% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.3% of all American neighborhoods.

Diversity

Did you know that the Cairo City Center neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Eastern European ancestry.

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 City Center neighborhood in Cairo are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.6% of U.S. neighborhoods. With 10.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.1% 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 Cairo City Center neighborhood, 34.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 30.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.9%), and 14.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the Cairo City Center neighborhood is English, spoken by 98.7% of households.

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 City Center neighborhood in Cairo, IL, residents most commonly identify their ethnicity or ancestry as Scottish (3.4%). There are also a number of people of Eastern European ancestry (3.4%), and residents who report Irish roots (1.6%), and some of the residents are also of German ancestry (1.2%).

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 Cairo City Center neighborhood spend under 15 minutes commuting one-way to work (78.8% of working residents), one of the shortest commutes across America.

Here most residents (92.2%) drive alone in a private automobile to get to work. 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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