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Real Estate Prices & Overview

Kennedy Park / Nws Cooperative Alliance median real estate price is $58,241, which is less expensive than 98.2% of Indiana neighborhoods and 98.6% of all U.S. neighborhoods.

The average rental price in Kennedy Park / Nws Cooperative Alliance is currently $1,355, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.6% of Indiana neighborhoods.

Kennedy Park / Nws Cooperative Alliance is a suburban neighborhood (based on population density) located in South Bend, Indiana.

Kennedy Park / Nws Cooperative Alliance real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Kennedy Park / Nws Cooperative Alliance neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Kennedy Park / Nws Cooperative Alliance. The current real estate vacancy rate here is 17.5%. This is higher than the rate of vacancies in 83.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 South Bend, the Kennedy Park / Nws Cooperative Alliance neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research shows that more people carpool to work here in the Kennedy Park / Nws Cooperative Alliance (29.6%) than in 98.7% of the neighborhoods in America.

People

NeighborhoodScout's exclusive research revealed that 97.4% of the adult residents in the Kennedy Park / Nws Cooperative Alliance neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.5% of the neighborhoods in America.

Real Estate

Do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Kennedy Park / Nws Cooperative Alliance neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 57.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.9% of the neighborhoods in the United States.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Kennedy Park / Nws Cooperative Alliance neighborhood. In the Kennedy Park / Nws Cooperative Alliance neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 Kennedy Park / Nws Cooperative Alliance neighborhood in South Bend are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.8% of U.S. neighborhoods. In addition, 8.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 55.7% of America'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 Kennedy Park / Nws Cooperative Alliance neighborhood, 32.0% 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 manufacturing and laborer occupations, with 30.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.3%), and 15.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Kennedy Park / Nws Cooperative Alliance neighborhood is English, spoken by 68.8% of households. Some people also speak Spanish (31.2%).

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 Kennedy Park / Nws Cooperative Alliance neighborhood in South Bend, IN, residents most commonly identify their ethnicity or ancestry as Mexican (30.2%). There are also a number of people of German ancestry (4.8%), and residents who report Italian roots (4.8%), and some of the residents are also of Polish ancestry (2.0%), along with some Irish ancestry residents (1.1%), among others. In addition, 18.0% of the residents of this neighborhood were born in another country.

Getting to Work

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 Kennedy Park / Nws Cooperative Alliance neighborhood spend between 30 and 45 minutes commuting one-way to work (35.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (57.6%) 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 (29.6%) and 6.3% of residents also hop out the door and walk to work for their daily commute. 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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