Wysong Dr / N Franklin Rd median real estate price is $135,155, which is less expensive than 84.5% of Indiana neighborhoods and 91.1% of all U.S. neighborhoods.
The average rental price in Wysong Dr / N Franklin Rd is currently $1,820, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.2% of the neighborhoods in Indiana.
Wysong Dr / N Franklin Rd is a suburban neighborhood (based on population density) located in Indianapolis, Indiana.
Wysong Dr / N Franklin Rd 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 Wysong Dr / N Franklin Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Wysong Dr / N Franklin Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Wysong Dr / N Franklin 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 Indianapolis, the Wysong Dr / N Franklin Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
With a real estate vacancy rate of only 0.0%, the Wysong Dr / N Franklin Rd neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
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 Wysong Dr / N Franklin Rd neighborhood in Indianapolis are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.6% of U.S. neighborhoods. With 10.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.4% 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 Wysong Dr / N Franklin Rd neighborhood, 33.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.9%), and 19.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Wysong Dr / N Franklin Rd neighborhood is English, spoken by 73.3% of households. Some people also speak Spanish (24.2%).
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 Wysong Dr / N Franklin Rd neighborhood in Indianapolis, IN, residents most commonly identify their ethnicity or ancestry as Mexican (17.2%). There are also a number of people of Sub-Saharan African ancestry (5.5%), and residents who report German roots (5.1%), and some of the residents are also of Irish ancestry (4.5%), along with some African ancestry residents (3.7%), among others. In addition, 16.6% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Wysong Dr / N Franklin Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (40.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (71.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (20.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.