Venetian Village, Illinois, is a high-income neighborhood. Its residents make more than 81 percent more than the median income for a neighborhood in the United States. Furthermore, nearly eighty-eight percent of its residents commute to work daily. With these statistics, it's easy to see why car insurance is expensive in Venetian Village.
Venetian Village has a higher income than 81.1% of the neighborhoods in America
Venetian Village residents are generally middle or upper-middle-class and earn higher than the average American. Compared to the national average, the neighborhood has a lower poverty rate, with just 9.1% of its children living in poverty. Despite its relatively low poverty rate, Venetian Village also has a lower vacancy rate than other American neighborhoods.
Venetian Village residents are of diverse ethnic backgrounds. The neighborhood is primarily comprised of residents of German, Polish, Irish, Italian, and English descent. About 16.5% of residents are foreign-born. Nevertheless, Venetian Village also has a diverse population, with residents speaking a variety of languages, including Spanish, German/Yiddish, and African languages.
Residents of Venetian Village can enjoy waterfront dining, a full list of restaurants, and an array of unique shops and boutiques. Venetian Village residents can also benefit from its proximity to Fifth Avenue, a vibrant nightlife district.