About Des Plaines, IL (Silk Stocking / Graceland Terrace) Real Estate Prices and Overview Silk Stocking / Graceland Terrace median real estate price is $337,310, which is more expensive than 58.1% of the neighborhoods in Illinois and 44.7% of the neighborhoods in the U.S. The average rental price in Silk Stocking / Graceland Terrace is currently $2,429, based on 蘑菇视频's exclusive analysis. The average rental cost in this neighborhood is higher than 70.6% of the neighborhoods in Illinois. Silk Stocking / Graceland Terrace is a densely urban neighborhood (based on population density) located in Des Plaines, Illinois. Silk Stocking / Graceland Terrace real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Silk Stocking / Graceland Terrace neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940. Home and apartment vacancy rates are 7.0% in Silk Stocking / Graceland Terrace. 蘑菇视频 analysis shows that this rate is lower than 52.5% of the neighborhoods in the nation, approximately near the middle range for vacancies. Notable & Unique Neighborhood Characteristics Notable & Unique: People The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. 蘑菇视频's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 49.7%. This is a higher percent living alone than we found in 95.3% 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. Notable & Unique: Real Estate The real estate in the Silk Stocking / Graceland Terrace neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 70.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.0% of American neighborhoods. Notable & Unique: Diversity Did you know that the Silk Stocking / Graceland Terrace neighborhood has more Arab and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.7% of this neighborhood's residents have Arab ancestry and 3.6% have Greek ancestry. Silk Stocking / Graceland Terrace is also pretty special linguistically. Significantly, 5.3% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.5% of the neighborhoods in America. The Neighbors: Income 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 Silk Stocking / Graceland Terrace neighborhood in Des Plaines are middle-income, making it a moderate income neighborhood. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 52.0% of the neighborhoods in America. With 11.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.7% of U.S. neighborhoods. The Neighbors: Occupations 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 Silk Stocking / Graceland Terrace neighborhood, 34.2% 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 23.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.3%), and 20.7% in manufacturing and laborer occupations. The Neighbors: 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 Silk Stocking / Graceland Terrace neighborhood is English, spoken by 60.9% of households. Other important languages spoken here include Spanish, Arabic, Polish and Korean. The Neighbors: 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 Silk Stocking / Graceland Terrace neighborhood in Des Plaines, IL, residents most commonly identify their ethnicity or ancestry as German (17.1%). There are also a number of people of Mexican ancestry (13.6%), and residents who report Polish roots (13.3%), and some of the residents are also of Irish ancestry (10.2%), along with some Italian ancestry residents (9.4%), among others. In addition, 26.9% of the residents of this neighborhood were born in another country. Getting to Work How you get to work 鈥� car, bus, train or other means 鈥� 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 Silk Stocking / Graceland Terrace neighborhood spend between 30 and 45 minutes commuting one-way to work (33.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. Here most residents (76.1%) 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 (7.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.