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Real Estate Prices & Overview

Central median real estate price is $192,656, which is more expensive than 36.9% of the neighborhoods in Ohio and 18.9% of the neighborhoods in the U.S.

The average rental price in Central is currently $1,127, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.0% of Ohio neighborhoods.

Central is an urban neighborhood (based on population density) located in Cleveland, Ohio.

Central real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Central 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.

Home and apartment vacancy rates are 6.7% in Central. NeighborhoodScout analysis shows that this rate is lower than 55.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Central neighborhood has more single mother households than 99.8% 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.

In addition, the Central neighborhood stands out for having an average per capita income lower than 99.4% of the neighborhoods in the United States. The Central neighborhood also has a greater percentage of children living in poverty (74.7%) than found in 99.0% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (24.5% ride the bus) than 99.3% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, more people in Central choose to walk to work each day (18.7%) 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.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Central neighborhood has a highly unusual pattern of car ownership. 26.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.6% of U.S. neighborhoods.

Real Estate

88.0% of the real estate in the Central neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, one of the really unique and interesting things about the look and setting of the Central neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 72.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.4% of all neighborhoods in America.

Diversity

Did you know that the Central neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.8% of this neighborhood's residents have Jamaican ancestry.

Central is also pretty special linguistically. Significantly, 3.1% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.

The Neighbors

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 Central neighborhood in Cleveland are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.4% of U.S. neighborhoods. With 74.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.0% 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 Central neighborhood, 34.4% 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 clerical, assistant, and tech support occupations, with 29.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.6%), and 16.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Central neighborhood is English, spoken by 94.0% of households. Some people also speak Arabic (3.1%).

Ethnicity / Ancestry

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 Central neighborhood in Cleveland, OH, residents most commonly identify their ethnicity or ancestry as Jamaican (6.8%). There are also a number of people of Sub-Saharan African ancestry (5.2%), and residents who report African roots (5.2%), and some of the residents are also of Arab ancestry (2.7%), along with some Polish ancestry residents (1.2%), 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 Central neighborhood spend under 15 minutes commuting one-way to work (35.2% of working residents), one of the shortest commutes across America.

Here most residents (39.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (24.5%) and 18.7% 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.


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