Real Estate Prices and Overview
E 30th St / N Shadeland Ave median real estate prices are $53,959, which is less expensive than 94.3% of Indiana neighborhoods
and 96.7% of all U.S. neighborhoods.
Average rental prices in E 30th St / N Shadeland Ave are currently
$654, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 71.5% of Indiana neighborhoods.
E 30th St / N Shadeland Ave is a suburban neighborhood (based on population
density) located in Indianapolis, Indiana.
E 30th St / N Shadeland Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the E 30th St / N Shadeland Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
E 30th St / N Shadeland Ave. The current real estate vacancy rate here is 41.9%.
This is higher than the rate of vacancies in 97.6% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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
Did you know that the E 30th St / N Shadeland Ave neighborhood has more
African and Sub-Saharan African ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 15.9% of
this neighborhood's residents have African ancestry and 15.9% have Sub-Saharan African ancestry.
Notable & Unique: Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the E 30th St / N Shadeland Ave neighborhood is a fantastic
option for bicycle commuters, as 4.6% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 97.2% of the neighborhoods in America.
Notable & Unique: People
Single parenting is hard. But you don't have to tell the
E 30th St / N Shadeland Ave neighborhood about it; they already know. 18.8%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 96.3%
of American neighborhoods. Further NeighborhoodScout research showed strong
statistical correlations among high rates of children living in single
parent households, and neighborhood crime, particularly violent crime,
neighborhood poverty, and, importantly, the percentage of low weight births
and rates of infant mortality.
Notable & Unique: Real Estate
In addition, despite all of the residential real estate here in the E 30th St / N Shadeland Ave neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 41.9%, which is higher than 97.6% of all U.S. neighborhoods.
The Neighbors: Income
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 E 30th St / N Shadeland Ave neighborhood in Indianapolis are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 92.4% of U.S. neighborhoods.
With 56.1% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 93.8%
of U.S. neighborhoods.
The Neighbors: Occupations
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 E 30th St / N Shadeland Ave neighborhood, 38.9%
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
manufacturing and laborer occupations, with 33.9% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(17.3%), and 9.9% 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 E 30th St / N Shadeland Ave neighborhood in Indianapolis, IN, residents
most commonly identify their ethnicity or ancestry as African
(15.9%). There are also a number of people of Sub-Saharan African ancestry (15.9%) , and residents who report Mexican roots (9.0%) , and some of the residents are also of German ancestry (5.3%) , along with some French ancestry residents (2.3%), among others.
The Neighbors: Languages
The most common language spoken in the E 30th St / N Shadeland Ave
neighborhood is English, spoken by 87.9% of households. Some people also speak Spanish (12.1%).
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 30th St / N Shadeland Ave 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 (72.4%) 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 (14.8%) and 6.1% 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.