5050 S Morgan St

This Property At A Glance

5050 S Morgan St is a building in CHICAGO.

As for the demographics around 5050 S Morgan St, the median age is 27, 37% of residents are married, and 44% of residents have at least one child. The median individual full-time income is about $29,984 and about 1% of adults here have a bachelor's degree or higher.

Regarding weather, the average summer temperature is 76.0°F, while the average winter temperature is 27.3°F. The average annual rainfall is 38.0 inches and the average annual snowfall is 37.1 inches.

Financial

Value Estimate*

$40,000
$24,000
$56,000
*Value Estimate range is for typical homes in this area. Click here to speak with a neighborhood specialist who can provide you with a free, custom valuation of this property.

Cost of living

National Average

Overall costs

38% lower than the national average

Housing costs

39% lower than the national average

Food & Beverage costs

34% lower than the national average

Transportation costs

38% lower than the national average

Apparel costs

37% lower than the national average

Entertainment costs

40% lower than the national average

Utility costs

31% lower than the national average

Healthcare costs

34% lower than the national average

Insurance costs

46% lower than the national average

Tobacco costs

24% lower than the national average

Income

The median household income in this area is
$30,818
Per year
The median full-time individual income in this area is
$29,984
Per year

Rent vs. Own

The percent of households occupied by renters is
68%
The percent of households occupied by owners is
31%

Tax Information

The sales tax rate in this area is
8.0%
The average annual property tax in this area is
$3,867

Transportation

Commute Stats

The common time to leave for work in this neighborhood is
6:30 AM to 6:59 AM
The most common way to commute in this neighborhood is
Drove alone
The percent of households with at least one car in this area is
70%

Your Commute Times

Demographics

Census at a Glance

The median age is
28
Years Old

Upgrade to see detailed census data

Is the neighborhood around this building filled with the post-college party crowd, overrun with young parents and strollers, or more senior-friendly? Is it a wealthier area, an up-and-coming neighborhood, or a bit on the grittier side?

The most common education level in this area is
High School Diploma
Households with children are
44%
of all households in this area
The percent of people in this area who are married is
37%

Weather & Natural Disasters

Weather

The average temperature in this area during the winter is
27°F
The average temperature in this area during the summer is
76°F
The average rainfall in this area is
38
inches annually
The average snow in this area is
37
inches annually

Natural Disasters

Risk of storms
in this area is
mild
Risk of earthquakes
in this area is
low
Risk of hurricanes
in this area is
low
Risk of tornadoes
in this area is
high
Risk of hailstorms
in this area is
high
Risk of windstorms
in this area is
high