Riverdale median real estate price is $83,042, which is less expensive than 93.6% of Ohio neighborhoods and 96.9% of all U.S. neighborhoods.
The average rental price in Riverdale is currently $1,289, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.0% of Ohio neighborhoods.
Riverdale is a suburban neighborhood (based on population density) located in Dayton, Ohio.
Riverdale real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Riverdale 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.
Vacant apartments or homes are a major fact of life in Riverdale. The current real estate vacancy rate here is 29.3%. This is higher than the rate of vacancies in 95.1% 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.
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.
NeighborhoodScout's exclusive research revealed that 94.9% of the adult residents in the Riverdale neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.5% of the neighborhoods in America.
Despite all of the residential real estate here in the Riverdale 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 29.3%, which is higher than 95.1% of all U.S. neighborhoods.
In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 88.2% of the residential real estate in the Riverdale neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the Riverdale neighborhood has more African and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.7% of this neighborhood's residents have African ancestry and 3.5% have Scots-Irish ancestry.
Riverdale is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.
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 Riverdale neighborhood in Dayton are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.7% of U.S. neighborhoods. With 26.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.3% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Riverdale neighborhood, 35.6% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 30.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.6%), and 11.9% in manufacturing and laborer occupations.
The most common language spoken in the Riverdale neighborhood is English, spoken by 94.8% of households. Some people also speak Italian (3.1%).
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 Riverdale neighborhood in Dayton, OH, residents most commonly identify their ethnicity or ancestry as German (15.1%). There are also a number of people of Sub-Saharan African ancestry (8.8%), and residents who report African roots (7.7%), and some of the residents are also of English ancestry (7.0%), along with some Scottish ancestry residents (4.6%), 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 Riverdale neighborhood spend under 15 minutes commuting one-way to work (52.7% of working residents), one of the shortest commutes across America.
Here most residents (47.2%) 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 (14.2%) and 8.7% of residents also ride the bus 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.