Real Estate Prices and Overview
E 10th St / N Shadeland Ave median real estate prices are $125,266, which is more expensive than 67.4% of the neighborhoods
in Indiana and 35.6% of the
neighborhoods in the U.S.
Average rental prices in E 10th St / N Shadeland Ave are currently
$749, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 44.7% of Indiana neighborhoods.
E 10th St / N Shadeland Ave is a suburban neighborhood (based on population
density) located in Indianapolis, Indiana.
E 10th St / N Shadeland Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the E 10th St / N Shadeland Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
E 10th St / N Shadeland Ave has a 12.6% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
65.4% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
Notable & Unique Neighborhood Characteristics
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 Indianapolis,
the E 10th St / N Shadeland Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Astoundingly, the E 10th St / N Shadeland Ave neighborhood has one of the highest
concentrations of divorcees living here than of any neighborhood, a
higher concentration than NeighborhoodScout found in 99.2%
of U.S. neighborhoods. This may be because people living here divorce
more often than others, or that divorced people move here after they
become divorced. If you are divorced, you will be in good company in
this particular Indianapolis neighborhood.
Notable & Unique: Diversity
Did you know that the E 10th St / N Shadeland Ave neighborhood has more
Swiss and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.0% of
this neighborhood's residents have Swiss ancestry and 1.4% have Eastern European ancestry.
E 10th St / N Shadeland Ave is also pretty special linguistically. Significantly, 0.2% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 95.9% of the neighborhoods in America.
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 E 10th St / N Shadeland Ave neighborhood in Indianapolis are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 64.8% of U.S. neighborhoods.
With 20.5% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 59.1%
of U.S. neighborhoods.
The Neighbors: Occupations
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 E 10th St / N Shadeland Ave neighborhood, 48.4%
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 18.6% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(17.0%), and 16.1% in clerical, assistant, and tech support occupations.
The Neighbors: 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 E 10th St / N Shadeland Ave neighborhood in Indianapolis, IN, residents
most commonly identify their ethnicity or ancestry as German
(23.9%). There are also a number of people of Irish ancestry (12.2%) , and residents who report English roots (6.8%) , and some of the residents are also of Mexican ancestry (4.2%) , along with some Italian ancestry residents (2.8%), among others.
The Neighbors: Languages
The most common language spoken in the E 10th St / N Shadeland Ave
neighborhood is English, spoken by 98.1% 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 E 10th St / N Shadeland Ave neighborhood spend
between 15 and 30 minutes commuting one-way to work (40.0% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.3%) 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.