New Century Town / Bay Tree median real estate price is $333,414, which is more expensive than 57.4% of the neighborhoods in Illinois and 44.1% of the neighborhoods in the U.S.
The average rental price in New Century Town / Bay Tree is currently $3,255, based on Ä¢¹½ÊÓÆµ's exclusive analysis. The average rental cost in this neighborhood is higher than 89.4% of the neighborhoods in Illinois.
New Century Town / Bay Tree is a suburban neighborhood (based on population density) located in Vernon Hills, Illinois.
New Century Town / Bay Tree 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 occupied by a mixture of owners and renters. Many of the residences in the New Century Town / Bay Tree neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Home and apartment vacancy rates are 8.3% in New Century Town / Bay Tree. Ä¢¹½ÊÓÆµ analysis shows that this rate is lower than 45.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Ä¢¹½ÊÓÆµ's exclusive exploration and analysis.
If you love row houses and attached homes, you will probably really like the New Century Town / Bay Tree 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, 42.7% of the residential real estate here is classified as row houses and attached homes.
If you're planning where to retire, the New Century Town / Bay Tree neighborhood in Vernon Hills is a great option to consider. According to Ä¢¹½ÊÓÆµ'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 89.9% of the neighborhoods in Illinois. If you are considering retiring to Illinois, this is a good neighborhood to look at.
Did you know that the New Century Town / Bay Tree neighborhood has more Russian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have Russian ancestry and 1.9% have Ukrainian ancestry.
New Century Town / Bay Tree is also pretty special linguistically. Significantly, 4.0% 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 99.6% of the neighborhoods in America.
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 New Century Town / Bay Tree neighborhood in Vernon Hills are upper-middle income, making it an above average income neighborhood. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 72.3% of the neighborhoods in America. In addition, 6.6% 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 59.1% 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 New Century Town / Bay Tree neighborhood, 63.9% 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 manufacturing and laborer occupations (10.0%), and 9.9% in clerical, assistant, and tech support 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 New Century Town / Bay Tree neighborhood is English, spoken by 53.4% of households. Other important languages spoken here include Chinese, Spanish, Russian and Polish.
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 New Century Town / Bay Tree neighborhood in Vernon Hills, IL, residents most commonly identify their ethnicity or ancestry as Asian (26.4%). There are also a number of people of German ancestry (9.6%), and residents who report Italian roots (8.7%), and some of the residents are also of Irish ancestry (8.0%), along with some Russian ancestry residents (6.9%), among others. In addition, 38.2% 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 New Century Town / Bay Tree neighborhood spend under 15 minutes commuting one-way to work (35.0% of working residents), one of the shortest commutes across America.
Here most residents (67.2%) 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 (8.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.