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
$745, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 45.3% 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
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: 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.
Notable & Unique: Occupations
More people work in manufacturing and as laborers here in the Drexel Gardens
neighborhood than in 95.9% of the neighborhoods in America. Despite
the loss of manufacturing jobs across the nation, this neighborhood remains
a place where, compared to other parts of the country, you will find many
laborers and manufacturers.
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
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 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 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 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.