Inverrary / Park West median real estate price is $335,585, which is more expensive than 66.5% of the neighborhoods in Illinois and 51.0% of the neighborhoods in the U.S.
The average rental price in Inverrary / Park West is currently $2,478, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.5% of the neighborhoods in Illinois.
Inverrary / Park West is an urban neighborhood (based on population density) located in Deerfield, Illinois.
Inverrary / Park West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Inverrary / Park West 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 Inverrary / Park West, the current vacancy rate is 3.2%, which is a lower rate of vacancies than 80.2% of all neighborhoods in the U.S. This means that the housing supply in Inverrary / Park West is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Of note is NeighborhoodScout's research finding that the Inverrary / Park West 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 Inverrary / Park West community truly stands out from the rest in this regard.
In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Inverrary / Park West neighborhood, where 35.0% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.1% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 95.2% of the neighborhoods in America.
Also, if you're planning where to retire, the Inverrary / Park West neighborhood in Deerfield is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in IL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 86.9% of the neighborhoods in Illinois. If you are considering retiring to Illinois, this is a good neighborhood to look at.
Most neighborhoods are composed of a mixture of ages of homes, but the Inverrary / Park West 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, 96.9% of the residential real estate here was built in this one time period.
In addition, if you love row houses and attached homes, you will probably really like the Inverrary / Park West neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 48.0% of the residential real estate here is classified as row houses and attached homes.
A unique way of commuting is simply not to. And in the Inverrary / Park West neighborhood, analysis shows that 26.5% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.3% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Did you know that the Inverrary / Park West neighborhood has more Ukrainian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.8% of this neighborhood's residents have Ukrainian ancestry and 2.9% have Eastern European ancestry.
Inverrary / Park West is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Inverrary / Park West neighborhood has a greater percentage of residents born in another country (53.1%) than are found in 98.3% of all U.S. neighborhoods.
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 Inverrary / Park West neighborhood in Deerfield are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.0% 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 Inverrary / Park West neighborhood, 64.7% 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 16.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.6%), and 3.4% in manufacturing and laborer 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 Inverrary / Park West neighborhood is English, spoken by 46.1% of households. Other important languages spoken here include Langs. of India, Spanish, Polish and Russian.
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 Inverrary / Park West neighborhood in Deerfield, IL, residents most commonly identify their ethnicity or ancestry as Asian (41.8%). There are also a number of people of German ancestry (10.3%), and residents who report Polish roots (8.6%), and some of the residents are also of Ukrainian ancestry (7.8%), along with some Mexican ancestry residents (4.7%), among others. In addition, 53.1% 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 Inverrary / Park West neighborhood spend between 15 and 30 minutes commuting one-way to work (53.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.7%) 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.