Ethnic Village, Rockford, IL
Ethnic Village — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Ethnic Village, Rockford, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Ethnic Village Neighborhood Overview
Ethnic Village is a culturally rich neighborhood located in the heart of Rockford, Illinois. This area is known for its diverse community and historic character, offering residents an authentic urban living experience. Its central location provides convenient access to many of the city's core amenities and institutions.
Lifestyle & Amenities
The neighborhood lives up to its name with a variety of authentic international restaurants, bakeries, and grocery stores representing different cultures. Residents enjoy close proximity to downtown Rockford's events, museums, and the scenic Rock River. The area fosters a strong sense of community through its local businesses and cultural festivals.
Real Estate Market
The real estate market in Ethnic Village is characterized by its affordability, with a U.S. Census median home value of $83,800. This presents an accessible entry point for first-time homebuyers and investors looking for value in an urban setting. The housing stock primarily consists of historic single-family homes and multi-unit buildings reflective of the area's established roots.
Schools & Education
Families in the Ethnic Village neighborhood are served by the Rockford Public School District. The area provides access to various public educational institutions from elementary through high school. Proximity to downtown also offers convenient access to library branches and community learning centers.
Transportation & Connectivity
Ethnic Village benefits from excellent connectivity due to its central location near major routes like U.S. Route 20 and State Street. The Rockford Mass Transit District provides public bus service throughout the area, facilitating car-free commutes. Its walkable streets and grid layout make many daily errands achievable on foot.
Why Choose Ethnic Village
Ethnic Village is ideal for those seeking an affordable, culturally vibrant, and centrally located urban neighborhood. It offers a unique character defined by its diversity, historic homes, and local international businesses. With a median household income of $45,363, it represents a community-focused and economically accessible part of Rockford.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Ethnic Village Market Data
| Metric | Value |
|---|---|
| Median Home Price | $84K |
| Median Gross Rent | $922/mo |
| Median Household Income | $45K |
| Homeownership Rate | 52.4% |
| Renter-Occupied | 47.6% |
| Rental Vacancy Rate | 7.1% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 61101 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Ethnic Village, Rockford
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Ethnic Village, Rockford, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12