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These 3 Chicago Neighborhoods are Hipster Magnets

by Peter Thomas Ricci

Three neighborhoods on Chicago’s North Side are active housing markets for hipsters.

hyde-park-near-north-garfield-park-hipsters-gentrification-chicago-realtytrac

Three areas in Chicago are among the top “hipster” housing markets in the country, according to a new study from RealtyTrac.

The study, which looked at home flipping activity relative to an area’s share of Millennials – hipsters are the most public face of gentrification in urban areas – found that the 60611 ZIP code (which contains part of Streeterville, River North, Near North), the 60615 code (Hyde Park, Kenwood, Washington Park) and the 60612 (University Village, Near West Side, East Garfield Park) are top destinations for hipsters, with 60611 being the No. 3 such market in the country, and 60615 being No. 10.

Click the tabs below to adjust between RealtyTrac’s top 10 and Chicago’s three ZIP codes.

City/ZIP 2015 Home Flips 2015 Flip Gross ROI Millennial Share of Population
Minneapolis – 55408 11 72.4% 46.1%
Charleston – 29403 24 79.3% 41.3%
Chicago – 60611 22 50.9% 40.2%
Philadelphia – 19146 143 193.3% 36.4%
Alexandria – 22305 16 51.3% 35.9%
Philadelphia – 19147 38 72.9% 35.8%
Philadelphia – 19125 72 178.9% 34.2%
Washington, D.C. – 20002 73 63.3% 33.9%
Baltimore – 21211 24 120.3% 32.2%
Chicago – 60615 14 83.2% 32%
City/ZIP 2015 Home Flips 2015 Flip Gross ROI Millennial Share of Population
Chicago – 60611 22 50.9% 40.2%
Chicago – 60615 14 83.2% 32%
Chicago – 60612 10 147.7% 29.5%

Photo credit: victorgrigas, Creative Commons Attribution-Share Alike 3.0 Unported, https://commons.wikimedia.org/wiki/File:School_in_Hyde_park,_Chicago.jpg

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Comments

  • Carrie Weston says:

    How do you define “hipster”? The fact that Logan Square/60647 isn’t on this list makes me question the methodology.

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