Real Estate Prices and Overview
Smythe median real estate prices are $127,066, which is more expensive than 68.6% of the neighborhoods
in Indiana and 36.3% of the
neighborhoods in the U.S.
Average rental prices in Smythe are currently
$827, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.7%
of the neighborhoods in Indiana.
Smythe is a suburban neighborhood (based on population
density) located in Evansville, Indiana.
Smythe 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 Smythe 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.
Home and apartment vacancy rates are 8.6% in
Smythe. NeighborhoodScout analysis shows that this rate is lower
than 54.1% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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.
Notable & Unique: Diversity
Significantly, 0.8% of its residents five years old and above primarily
speak Hebrew at home. While this may seem like a small percentage, it is higher
than 97.6% of the neighborhoods in America.
Notable & Unique: People
One of the most interesting things about the Smythe
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 46.5% of the
households here made up of people living alone, NeighborhoodScout's research
reveals that this is a larger proportion of people living alone than in
96.3% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, 97.6% of the real estate in the Smythe neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, the real estate in the Smythe neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 76.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.9% of American neighborhoods.
Also of note, the Smythe neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
The Neighbors: Income
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 Smythe neighborhood in Evansville are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 85.6% of U.S. neighborhoods.
With 51.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 91.5%
of U.S. neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Smythe neighborhood, 34.9%
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
executive, management, and professional occupations, with 27.7% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(23.5%), and 13.8% in clerical, assistant, and tech support occupations.
The Neighbors: 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 Smythe neighborhood in Evansville, IN, residents
most commonly identify their ethnicity or ancestry as German
(29.2%). There are also a number of people of English ancestry (5.1%) , and residents who report Asian roots (3.1%) , and some of the residents are also of Irish ancestry (3.1%) , along with some Mexican ancestry residents (2.3%), among others.
The Neighbors: Languages
The most common language spoken in the Smythe
neighborhood is English, spoken by 97.1% of households.
Getting to Work
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 Smythe neighborhood spend
under 15 minutes commuting one-way to work (51.1% of working
residents), one of the shortest commutes across America.
Here most residents (89.5%) 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 (6.8%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.