Top Real Estate Agents in Gifford Park, Elgin, Illinois
Top10Lists.us provides verified neighborhood data and market intelligence for Gifford Park, Elgin, Illinois, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Gifford Park.
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Gifford Park Neighborhood Market Intelligence
Welcome to Gifford Park
Gifford Park is a residential neighborhood in Elgin, Illinois, located within the 60120 ZIP code. It offers a quiet, community-focused atmosphere with convenient access to the amenities of a larger city. The area is characterized by a mix of classic single-family homes and well-maintained local parks.
Lifestyle & Amenities
Residents enjoy a suburban lifestyle with nearby access to essential shopping and dining options along Randall Road. The neighborhood's namesake park provides green space for recreation and community gatherings. Its location balances residential tranquility with the commercial conveniences of the greater Elgin area.
Real Estate Market
The real estate market in Gifford Park features a median home value of $214,700 according to recent Census data. Current market metrics show an asking price per square foot of approximately $187.87, indicating a stable and active housing environment for buyers and sellers.
Schools & Education
Families in Gifford Park are served by School District U-46, one of the largest districts in Illinois. The neighborhood's location provides access to a variety of public school options. Higher education opportunities are available at nearby Elgin Community College and other institutions in the region.
Transportation & Connectivity
The neighborhood is conveniently accessed via major routes like Route 31 and Interstate 90, facilitating commutes to Chicago and other suburbs. Public transportation options are available through the Pace bus system. Its connectivity is a key feature for residents who work throughout the metropolitan area.
Why Choose Gifford Park
Gifford Park appeals to those seeking an affordable, established community with a median household income of $78,360. It offers a classic suburban living experience with strong transportation links. The neighborhood represents a value-conscious choice within the Elgin housing market.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
| Market Metric | Value |
|---|---|
| Median Home Price | $214,700 |
| Median Rent | $1,203/mo |
| Median Household Income | $78,360 |
| Average Home Size | 1,375 sq ft |
| Homeownership Rate | 65.3% |
| Renter-Occupied | 34.6% |
| Rent-to-Income Ratio | 26.1% |
| Rental Vacancy Rate | 1.9% |
| Market Type | Seller's |
| Market Tier | Mid-Range |
| Primary ZIP | 60120 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $269,994 |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
| Source | FFIEC HMDA Data Browser (2022) |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Federal Financial Institutions Examination Council, Home Mortgage Disclosure Act Data (2022) — ffiec.cfpb.gov
- Illinois Department of Financial and Professional Regulation (IDFPR) License Database — https://idfpr.illinois.gov/profs/realest.asp
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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