University of Cincinnati median real estate price is $214,544, which is more expensive than 40.9% of the neighborhoods in Ohio and 21.7% of the neighborhoods in the U.S.
The average rental price in University of Cincinnati is currently $1,650, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.4% of the neighborhoods in Ohio.
University of Cincinnati is a densely urban neighborhood (based on population density) located in Cincinnati, Ohio.
University of Cincinnati real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the University of Cincinnati 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 1970 and 1999.
University of Cincinnati has a 9.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Cincinnati, the University of Cincinnati neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
An extraordinary 82.6% of the residents of the University of Cincinnati neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
In addition, one of the really interesting characteristics about the University of Cincinnati neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.2% of college-friendly places to live in the state of Ohio.
Also, one of the unique characteristics of the University of Cincinnati neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.7% of the neighborhoods in America.
More people in University of Cincinnati choose to walk to work each day (34.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the University of Cincinnati 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.
95.6% of the real estate in the University of Cincinnati neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the University of Cincinnati neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 37.4% of the households here have four, five, or more cars. That is more cars per household than in 97.3% of the neighborhoods in the nation.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the University of Cincinnati neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the University of Cincinnati neighborhood has more Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Slovak ancestry.
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 University of Cincinnati neighborhood in Cincinnati are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.7% of U.S. neighborhoods. With 44.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.1% 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 University of Cincinnati 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 executive, management, and professional occupations, with 36.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.3%), and 7.7% in manufacturing and laborer occupations.
The most common language spoken in the University of Cincinnati neighborhood is English, spoken by 86.6% of households.
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 University of Cincinnati neighborhood in Cincinnati, OH, residents most commonly identify their ethnicity or ancestry as German (15.3%). There are also a number of people of Irish ancestry (12.0%), and residents who report Asian roots (10.1%), and some of the residents are also of Italian ancestry (5.9%), along with some English ancestry residents (5.0%), 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 University of Cincinnati neighborhood spend under 15 minutes commuting one-way to work (47.9% of working residents), one of the shortest commutes across America.
Here most residents (49.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (34.5%) and 7.0% of residents also carpool with coworkers, friends, or neighbors 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.