Laurel Park median real estate price is $431,571, which is more expensive than 86.2% of the neighborhoods in Ohio and 57.7% of the neighborhoods in the U.S.
The average rental price in Laurel Park is currently $2,243, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.4% of the neighborhoods in Ohio.
Laurel Park is a densely urban neighborhood (based on population density) located in Cincinnati, Ohio.
Laurel Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Laurel Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Laurel Park are 3.3%, which is lower than one will find in 76.9% of American neighborhoods. Demand for real estate in Laurel Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Laurel Park neighborhood has more single mother households than 99.6% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Laurel Park neighborhood could be your paradise. With 46.1% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 1.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
There are more people living in the Laurel Park neighborhood employed as sales and service workers (61.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Did you know that the Laurel Park neighborhood has more African and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.5% of this neighborhood's residents have African ancestry and 0.9% have Belgian ancestry.
Laurel Park is also pretty special linguistically. Significantly, 4.5% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.
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 Laurel Park neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Laurel Park 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 100.0% of U.S. neighborhoods. With 34.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.0% 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 Laurel Park neighborhood, 40.3% 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 38.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.9%), and 10.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Laurel Park neighborhood is English, spoken by 89.1% of households. Some people also speak Korean (4.5%).
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 Laurel Park neighborhood in Cincinnati, OH, residents most commonly identify their ethnicity or ancestry as German (11.1%). There are also a number of people of Sub-Saharan African ancestry (10.5%), and residents who report African roots (10.5%), and some of the residents are also of Italian ancestry (7.9%), along with some Asian ancestry residents (5.4%), 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 Laurel Park neighborhood spend under 15 minutes commuting one-way to work (45.3% of working residents), one of the shortest commutes across America.
Here most residents (66.0%) 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 (11.6%) and 7.2% of residents also hop out the door and walk to work 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.