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Real Estate Prices & Overview

Chestnut Ridge / Kriete Corner median real estate price is $298,424, which is more expensive than 70.0% of the neighborhoods in Indiana and 39.4% of the neighborhoods in the U.S.

The average rental price in Chestnut Ridge / Kriete Corner is currently $1,283, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.8% of Indiana neighborhoods.

Chestnut Ridge / Kriete Corner is a remote neighborhood (based on population density) located in Seymour, Indiana.

Chestnut Ridge / Kriete Corner real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Chestnut Ridge / Kriete Corner 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.

Real estate vacancies in Chestnut Ridge / Kriete Corner are 3.3%, which is lower than one will find in 78.4% of American neighborhoods. Demand for real estate in Chestnut Ridge / Kriete Corner 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.

Notable & Unique Neighborhood Characteristics

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 Seymour, the Chestnut Ridge / Kriete Corner neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

The Neighbors

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 Chestnut Ridge / Kriete Corner neighborhood in Seymour are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.4% of the neighborhoods in America. With 10.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.0% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Chestnut Ridge / Kriete Corner neighborhood, 38.8% 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 27.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.5%), and 16.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Chestnut Ridge / Kriete Corner neighborhood is English, spoken by 94.8% of households. Some people also speak Spanish (3.0%).

Ethnicity / Ancestry

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 Chestnut Ridge / Kriete Corner neighborhood in Seymour, IN, residents most commonly identify their ethnicity or ancestry as German (21.9%). There are also a number of people of English ancestry (19.1%), and residents who report Mexican roots (3.7%), and some of the residents are also of Irish ancestry (3.1%), along with some Polish ancestry residents (2.5%), among others.

Getting to Work

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 Chestnut Ridge / Kriete Corner neighborhood spend under 15 minutes commuting one-way to work (37.6% of working residents), one of the shortest commutes across America.

Here most residents (85.9%) 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 (6.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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