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Real Estate Prices & Overview

Frederick / Ginghamsburg median real estate price is $391,567, which is more expensive than 83.6% of the neighborhoods in Ohio and 53.5% of the neighborhoods in the U.S.

The average rental price in Frederick / Ginghamsburg is currently $1,749, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.9% of the neighborhoods in Ohio.

Frederick / Ginghamsburg is a rural neighborhood (based on population density) located in Tipp City, Ohio.

Frederick / Ginghamsburg 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 owner occupied. Many of the residences in the Frederick / Ginghamsburg neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Frederick / Ginghamsburg, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 92.3% of all neighborhoods in the U.S. This means that the housing supply in Frederick / Ginghamsburg is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

If you're planning where to retire, the Frederick / Ginghamsburg neighborhood in Tipp City is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in OH, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.8% of the neighborhoods in Ohio. If you are considering retiring to Ohio, this is a good neighborhood to look at. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.

Diversity

Did you know that the Frederick / Ginghamsburg neighborhood has more German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 37.2% of this neighborhood's residents have German ancestry.

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 Frederick / Ginghamsburg neighborhood in Tipp City are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.1% of the neighborhoods in America. In addition, 3.4% 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 69.9% of America'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 Frederick / Ginghamsburg neighborhood, 44.5% of the working population is employed in executive, management, and professional 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 22.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.0%), and 15.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Frederick / Ginghamsburg neighborhood is English, spoken by 99.4% of households.

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 Frederick / Ginghamsburg neighborhood in Tipp City, OH, residents most commonly identify their ethnicity or ancestry as German (37.2%). There are also a number of people of English ancestry (18.5%), and residents who report Irish roots (9.2%), and some of the residents are also of French ancestry (3.6%), along with some Dutch ancestry residents (1.9%), 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 Frederick / Ginghamsburg neighborhood spend between 15 and 30 minutes commuting one-way to work (52.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.4%) 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 (6.4%) . 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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