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Real Estate Prices & Overview

Crest Hill North median real estate price is $356,600, which is more expensive than 64.5% of the neighborhoods in Illinois and 49.2% of the neighborhoods in the U.S.

The average rental price in Crest Hill North is currently $2,657, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.0% of the neighborhoods in Illinois.

Crest Hill North is a suburban neighborhood (based on population density) located in Crest Hill, Illinois.

Crest Hill North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Crest Hill North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Crest Hill North. The current real estate vacancy rate here is 28.9%. This is higher than the rate of vacancies in 94.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (28.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, 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 Crest Hill, the Crest Hill North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Crest Hill North neighborhood is wealthier than 98.2% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Crest Hill North also has one of the lowest ratings of child poverty in the nation.

In addition, an interesting characteristic about the Crest Hill North neighborhood is that there are more incarcerated people living here than 99.9% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Also, the Crest Hill North neighborhood is unique for having just 5.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.0% of America's neighborhoods.

Occupations

The Crest Hill North neighborhood has a greater proportion of government workers living in it than 100.0% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Furthermore, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Crest Hill North neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.1% of all American neighborhoods.

Real Estate

The Crest Hill North neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 77.8% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.9% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

In addition, renter-occupied real estate is dominant in the Crest Hill North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.6%, which is higher than 98.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Crest Hill North stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.9% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Crest Hill North neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have African ancestry and 12.7% have Sub-Saharan African ancestry.

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. In the Crest Hill North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Crest Hill North neighborhood in Crest Hill 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 98.2% 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.

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 Crest Hill North neighborhood, 65.5% of the working population is employed in government jobs, whether they are in local, state, or federal positions. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 44.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (37.9%), and 17.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Crest Hill North neighborhood is English, spoken by 85.0% of households. Some people also speak Spanish (11.8%).

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 Crest Hill North neighborhood in Crest Hill, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (12.7%). There are also a number of people of African ancestry (9.1%), and residents who report Mexican roots (6.1%), and some of the residents are also of Irish ancestry (5.1%), along with some Jamaican ancestry residents (3.5%), among others.

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 Crest Hill North neighborhood spend under 15 minutes commuting one-way to work (46.6% of working residents), one of the shortest commutes across America.

Here most residents (82.8%) 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 (17.2%) . 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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