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Real Estate Prices & Overview

Padanaram median real estate price is $114,251, which is less expensive than 88.2% of Ohio neighborhoods and 94.0% of all U.S. neighborhoods.

The average rental price in Padanaram is currently $1,206, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.6% of Ohio neighborhoods.

Padanaram is a remote neighborhood (based on population density) located in Andover, Ohio.

Padanaram real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Padanaram neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Padanaram. The current real estate vacancy rate here is 76.0%. This is higher than the rate of vacancies in 99.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (73.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

The Padanaram neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 78.9% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.9% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

In addition, despite all of the residential real estate here in the Padanaram neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 76.0%, which is higher than 99.8% of all U.S. neighborhoods.

People

Of note, 82.3% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, astoundingly, the Padanaram neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.0% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Andover neighborhood.

Also, neighborhoodScout's exclusive research revealed that 98.5% of the adult residents in the Padanaram neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.8% of the neighborhoods in America.

Modes of Transportation

While most Americans do drive to work alone each day, the Padanaram neighborhood stands out by having 93.9% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.4% of all American neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Padanaram neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.2% of all American neighborhoods.

Furthermore, neighborhoodScout's exclusive research identifies the Padanaram neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.3% of its working residents employed in such fields, which is a higher proportion than 95.7% of American neighborhoods.

Diversity

Did you know that the Padanaram neighborhood has more Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Slovak ancestry.

Padanaram is also pretty special linguistically. Significantly, 3.4% 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 97.0% of the neighborhoods in America.

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 Padanaram neighborhood in Andover are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.0% of the neighborhoods in America. With 82.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.5% 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 Padanaram neighborhood, 47.4% 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 42.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.3%), and 2.2% in government jobs, whether they are in local, state, or federal positions.

Languages

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 Padanaram neighborhood is English, spoken by 96.6% of households. Other important languages spoken here include Italian and Arabic.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Padanaram neighborhood in Andover, OH, residents most commonly identify their ethnicity or ancestry as Irish (12.4%). There are also a number of people of Italian ancestry (5.7%), and residents who report German roots (4.3%), and some of the residents are also of Polish ancestry (3.9%), along with some Spanish ancestry residents (3.4%), among others.

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 Padanaram neighborhood spend between 30 and 45 minutes commuting one-way to work (51.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (93.9%) 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 (6.1%) . 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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