Real Estate Prices and Overview
Broadway Ave / Pershing Ave median real estate prices are $37,584, which is less expensive than 98.3% of Ohio neighborhoods
and 99.3% of all U.S. neighborhoods.
Average rental prices in Broadway Ave / Pershing Ave are currently
$742, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 41.7% of Ohio neighborhoods.
Broadway Ave / Pershing Ave is an urban neighborhood (based on population
density) located in Cleveland, Ohio.
Broadway Ave / Pershing Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Broadway Ave / Pershing Ave neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
Broadway Ave / Pershing Ave. The current real estate vacancy rate here is 42.7%.
This is higher than the rate of vacancies in 97.7% 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
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Diversity
Did you know that the Broadway Ave / Pershing Ave neighborhood has more
Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 9.8% of
this neighborhood's residents have Puerto Rican ancestry.
Notable & Unique: People
The Broadway Ave / Pershing Ave neighborhood stands out for having an
average per capita income lower than 95.4% of the neighborhoods
in the United States.
Also of note, 63.0% of the children in this area
live in poverty; an extraordinarily high percentage compared to other
neighborhoods in the nation. In a nation where approximately one in
four children grows up in poverty, this neighborhood stands out for
the depth of the problem manifested here.
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have
the toughest job in the book. NeighborhoodScout's exclusive analysis reveals
that the Broadway Ave / Pershing Ave neighborhood has more single mother
households than 96.2% of the neighborhoods in the U.S.
Often high concentrations of single mother homes can be a strong indicator
of family and social issues such as poverty, high rates of school dropouts,
crime, and other societal problems.
Notable & Unique: Real Estate
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 42.7% of the residential real estate vacant, the Broadway Ave / Pershing Ave neighborhood claims the distinction of having a higher vacancy rate than 97.7% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 88.1% of the residential real estate in the Broadway Ave / Pershing Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
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 Broadway Ave / Pershing Ave neighborhood in Cleveland are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 95.4% of U.S. neighborhoods.
With 63.0% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 96.3%
of U.S. neighborhoods.
The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Broadway Ave / Pershing Ave neighborhood, 32.3%
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 30.8% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(23.9%), and 13.0% 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 Broadway Ave / Pershing Ave neighborhood in Cleveland, OH, residents
most commonly identify their ethnicity or ancestry as German
(18.8%). There are also a number of people of Puerto Rican ancestry (9.8%) , and residents who report Irish roots (6.4%) , and some of the residents are also of Italian ancestry (5.7%) , along with some Polish ancestry residents (2.0%), among others.
The Neighbors: Languages
The most common language spoken in the Broadway Ave / Pershing Ave
neighborhood is English, spoken by 86.0% of households. Some people also speak Spanish (13.9%).
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 Broadway Ave / Pershing Ave neighborhood spend
between 15 and 30 minutes commuting one-way to work (47.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (71.5%) 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 (17.3%) and 8.3% of residents also ride the bus 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.