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 29.7% of the
neighborhoods in the U.S.
Average rental prices in Flackville / Marian U are currently
$642, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.9%
of the neighborhoods in Indiana.
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
NeighborhoodScout's analysis shows that the Flackville / Marian U
neighborhood has a greater concentration of residents currently enrolled
in college than 97.7% of the neighborhoods in the U.S. With
21.7% of the population here attending college, this is very
much a college-focused neighborhood.
Notable & Unique: Occupations
From major sales accounts to fast-food workers, sales and service employees
are often the backbone of the local economy. In the Flackville / Marian U
neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis
identifies this neighborhood as having a higher percentage of sales and
service workers than 95.1% of all American 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 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
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 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
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
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.