Town Center / Lancaster Village median real estate price is $314,344, which is less expensive than 72.4% of Delaware neighborhoods and 59.2% of all U.S. neighborhoods.
The average rental price in Town Center / Lancaster Village is currently $1,950, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.6% of Delaware neighborhoods.
Town Center / Lancaster Village is an urban neighborhood (based on population density) located in Elsmere, Delaware.
Town Center / Lancaster Village real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center / Lancaster Village neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Town Center / Lancaster Village, the current vacancy rate is 0.9%, which is a lower rate of vacancies than 91.4% of all neighborhoods in the U.S. This means that the housing supply in Town Center / Lancaster Village is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Our research reveals that 92.4% of commuters who live in the Town Center / Lancaster Village neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 98.8% of U.S. neighborhoods.
Did you know that the Town Center / Lancaster Village neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.3% of this neighborhood's residents have Dominican ancestry and 3.0% have Jamaican ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Town Center / Lancaster Village neighborhood in Elsmere are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.2% of U.S. neighborhoods. With 31.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.7% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Town Center / Lancaster Village neighborhood, 30.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.5%), and 20.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Town Center / Lancaster Village neighborhood is English, spoken by 80.9% of households. Some people also speak Spanish (16.7%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Town Center / Lancaster Village neighborhood in Elsmere, DE, residents most commonly identify their ethnicity or ancestry as Irish (15.2%). There are also a number of people of Dominican ancestry (12.3%), and residents who report Italian roots (8.6%), and some of the residents are also of English ancestry (7.2%), along with some Mexican ancestry residents (7.0%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Town Center / Lancaster Village neighborhood spend between 15 and 30 minutes commuting one-way to work (51.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (92.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.