Real Estate Prices and Overview
Flackville / Marian U median real estate prices are $111,656, which is more expensive than 56.7% of the neighborhoods
in Indiana and 29.6% of the
neighborhoods in the U.S.
Average rental prices in Flackville / Marian U are currently
$709, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 55.2% of Indiana neighborhoods.
Flackville / Marian U is a suburban neighborhood (based on population
density) located in Indianapolis, Indiana.
Flackville / Marian U 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 Flackville / Marian U neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Flackville / Marian U has a 14.4% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
71.7% 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
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 Flackville / Marian U neighborhood has more
African and Sub-Saharan African ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 8.2% of
this neighborhood's residents have African ancestry and 8.2% have Sub-Saharan African ancestry.
Notable & Unique: People
An extraordinary 21.7% of the residents of the
Flackville / Marian U neighborhood are currently enrolled in college. This is
such a large part of life in this neighborhood that the neighborhood changes
a great deal with the change of semesters and is far quieter during
the summer when many students are away.
Notable & Unique: Occupations
There are more people living in the Flackville / Marian U neighborhood
employed as sales and service workers (58.1%) than almost any neighborhood
in the country. From fast-food service workers to major sales accounts,
sales and service workers make up the largest proportion of our national
employment picture. But despite that size and importance nationally, this
neighborhood still stands out as unique due to the dominance of people
living here who work in such occupations.
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 Flackville / Marian U 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 88.6% of U.S. neighborhoods.
With 21.7% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 61.4%
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 Flackville / Marian U neighborhood, 41.9%
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
clerical, assistant, and tech support occupations, with 21.3% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(19.6%), and 17.3% 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 Flackville / Marian U neighborhood in Indianapolis, IN, residents
most commonly identify their ethnicity or ancestry as Sub-Saharan African
(8.2%). There are also a number of people of African ancestry (8.2%) , and residents who report German roots (6.4%) , and some of the residents are also of Mexican ancestry (3.7%) , along with some Irish ancestry residents (2.7%), among others.
The Neighbors: Languages
The most common language spoken in the Flackville / Marian U
neighborhood is English, spoken by 88.4% of households. Some people also speak Spanish (10.1%).
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 Flackville / Marian U neighborhood spend
between 15 and 30 minutes commuting one-way to work (47.2% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.5%) 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 (12.0%) and 6.4% 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.