Real Estate Prices and Overview
Drexel Gardens median real estate prices are $63,064, which is less expensive than 88.6% of Indiana neighborhoods
and 93.8% of all U.S. neighborhoods.
Average rental prices in Drexel Gardens are currently
$587, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 52.5% of Indiana neighborhoods.
Drexel Gardens is a suburban neighborhood (based on population
density) located in Indianapolis, Indiana.
Drexel Gardens real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Drexel Gardens neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Home and apartment vacancy rates are 8.6% in
Drexel Gardens. NeighborhoodScout analysis shows that this rate is lower
than 54.2% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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 Drexel Gardens neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
The Drexel Gardens neighborhood is unique for having just
2.8% of adults here having earned a bachelor's degree.
This is a lower rate of college graduates than NeighborhoodScout found
in 98.0% of America's neighborhoods.
In addition, astoundingly, the Drexel Gardens neighborhood has one of the highest
concentrations of divorcees living here than of any neighborhood, a
higher concentration than NeighborhoodScout found in 97.5%
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: Occupations
NeighborhoodScout's exclusive research identifies the Drexel Gardens
neighborhood as having one of the highest concentrations of people employed
in manufacturing or as laborers of any neighborhood in America. In fact,
despite the loss of manufacturing jobs nationally, this neighborhood has
40.7% of its working residents employed in such fields, which is a
higher proportion than 95.9% of American neighborhoods.
The Neighbors: Income
There are two complimentary 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 Drexel Gardens 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 88.3% of U.S. neighborhoods.
With 52.0% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 91.9%
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 Drexel Gardens neighborhood, 40.7%
of the working population is employed in manufacturing and laborer 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 26.8% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(20.2%), and 12.3% in executive, management, and professional 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 Drexel Gardens neighborhood in Indianapolis, IN, residents
most commonly identify their ethnicity or ancestry as German
(12.4%). There are also a number of people of English ancestry (7.7%) , and residents who report Irish roots (6.7%) , and some of the residents are also of Mexican ancestry (6.1%) , along with some French ancestry residents (3.3%), among others.
The Neighbors: Languages
The most common language spoken in the Drexel Gardens
neighborhood is English, spoken by 89.2% of households. Some people also speak Spanish (9.4%).
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 Drexel Gardens neighborhood spend
between 15 and 30 minutes commuting one-way to work (46.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (78.2%) 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 (15.2%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.