Ekin Ave / Silver St median real estate price is $195,506, which is more expensive than 38.9% of the neighborhoods in Indiana and 20.2% of the neighborhoods in the U.S.
The average rental price in Ekin Ave / Silver St is currently $1,333, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.8% of Indiana neighborhoods.
Ekin Ave / Silver St is an urban neighborhood (based on population density) located in New Albany, Indiana.
Ekin Ave / Silver St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Ekin Ave / Silver St 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.
In Ekin Ave / Silver St, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.1% of all neighborhoods in the U.S. This means that the housing supply in Ekin Ave / Silver St is very tight compared to the demand for property here.
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 New Albany, the Ekin Ave / Silver St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
While most Americans do drive to work alone each day, the Ekin Ave / Silver St neighborhood stands out by having 90.5% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.9% of all American neighborhoods.
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 63.3% of the residential real estate in the Ekin Ave / Silver St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the Ekin Ave / Silver St neighborhood has more Scots-Irish and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Scots-Irish ancestry and 35.0% have German ancestry.
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 Ekin Ave / Silver St neighborhood in New Albany are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.2% of U.S. neighborhoods. With 10.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.8% of U.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 Ekin Ave / Silver St neighborhood, 35.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 34.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.5%), and 12.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Ekin Ave / Silver St neighborhood is English, spoken by 96.4% of households.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Ekin Ave / Silver St neighborhood in New Albany, IN, residents most commonly identify their ethnicity or ancestry as German (35.0%). There are also a number of people of Irish ancestry (22.0%), and residents who report English roots (11.5%), and some of the residents are also of Scots-Irish ancestry (4.6%), along with some Mexican ancestry residents (2.9%), among others.
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 Ekin Ave / Silver St neighborhood spend between 15 and 30 minutes commuting one-way to work (41.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (90.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.