Old Boonville Hwy / Olmstead Rd median real estate price is $271,107, which is more expensive than 58.5% of the neighborhoods in Indiana and 32.0% of the neighborhoods in the U.S.
The average rental price in Old Boonville Hwy / Olmstead Rd is currently $1,348, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.1% of Indiana neighborhoods.
Old Boonville Hwy / Olmstead Rd is a rural neighborhood (based on population density) located in Evansville, Indiana.
Old Boonville Hwy / Olmstead Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Old Boonville Hwy / Olmstead Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Old Boonville Hwy / Olmstead Rd, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 84.3% of all neighborhoods in the U.S. This means that the housing supply in Old Boonville Hwy / Olmstead Rd is very tight compared to the demand for property here.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Evansville, the Old Boonville Hwy / Olmstead Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Old Boonville Hwy / Olmstead Rd neighborhood has a greater percentage of children living in poverty (76.5%) than found in 99.1% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, one of the most interesting things about the Old Boonville Hwy / Olmstead Rd neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 55.6% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.7% of the neighborhoods in America.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Old Boonville Hwy / Olmstead Rd neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.1% of all American neighborhoods.
Furthermore, it used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Old Boonville Hwy / Olmstead Rd neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 5.9% of the workforce so employed, this neighborhood has a greater concentration of such workers than 97.7% of U.S. neighborhoods.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Old Boonville Hwy / Olmstead Rd neighborhood in Evansville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.5% of U.S. neighborhoods. With 76.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.1% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Old Boonville Hwy / Olmstead Rd neighborhood, 43.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.3%), and 9.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Old Boonville Hwy / Olmstead Rd neighborhood is English, spoken by 90.2% of households. Some people also speak Spanish (7.3%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Old Boonville Hwy / Olmstead Rd neighborhood in Evansville, IN, residents most commonly identify their ethnicity or ancestry as German (24.4%). There are also a number of people of English ancestry (17.1%), and residents who report Mexican roots (9.0%), and some of the residents are also of Irish ancestry (8.8%), along with some Italian ancestry residents (4.6%), 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 Old Boonville Hwy / Olmstead Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (47.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (85.7%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (5.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.