Lantern - Pearwood - Keller / Riverbend median real estate price is $180,690, which is less expensive than 71.6% of Indiana neighborhoods and 84.6% of all U.S. neighborhoods.
The average rental price in Lantern - Pearwood - Keller / Riverbend is currently $1,692, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.5% of the neighborhoods in Indiana.
Lantern - Pearwood - Keller / Riverbend is a rural neighborhood (based on population density) located in Muncie, Indiana.
Lantern - Pearwood - Keller / Riverbend 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 owner occupied. Many of the residences in the Lantern - Pearwood - Keller / Riverbend neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Lantern - Pearwood - Keller / Riverbend are 3.4%, which is lower than one will find in 75.4% of American neighborhoods. Demand for real estate in Lantern - Pearwood - Keller / Riverbend is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
If you are planning to retire in Indiana, this neighborhood should be on your must-see list. For many reasons, Lantern - Pearwood - Keller / Riverbend may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Indiana, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.2% of neighborhoods in IN. If a Indiana retirement is in your future, this neighborhood should be one of the places you visit.
While most Americans do drive to work alone each day, the Lantern - Pearwood - Keller / Riverbend neighborhood stands out by having 88.2% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.1% of all American neighborhoods.
Did you know that the Lantern - Pearwood - Keller / Riverbend neighborhood has more Scots-Irish and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Scots-Irish ancestry and 1.4% have Slovak ancestry.
Lantern - Pearwood - Keller / Riverbend is also pretty special linguistically. Significantly, 2.3% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 95.0% of the neighborhoods in America.
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 Lantern - Pearwood - Keller / Riverbend neighborhood in Muncie are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.7% of U.S. neighborhoods. With 11.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.0% 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 Lantern - Pearwood - Keller / Riverbend neighborhood, 60.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 17.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.3%), and 7.3% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lantern - Pearwood - Keller / Riverbend neighborhood is English, spoken by 89.2% of households. Other important languages spoken here include Spanish and Arabic.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Lantern - Pearwood - Keller / Riverbend neighborhood in Muncie, IN, residents most commonly identify their ethnicity or ancestry as English (12.8%). There are also a number of people of German ancestry (12.5%), and residents who report Irish roots (6.0%), and some of the residents are also of Asian ancestry (3.9%), along with some Scots-Irish ancestry residents (3.8%), 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 Lantern - Pearwood - Keller / Riverbend neighborhood spend under 15 minutes commuting one-way to work (43.0% of working residents), one of the shortest commutes across America.
Here most residents (88.2%) 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 (6.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.