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Real Estate Prices & Overview

Oakmont median real estate price is $223,213, which is more expensive than 72.6% of the neighborhoods in West Virginia and 31.0% of the neighborhoods in the U.S.

The average rental price in Oakmont is currently $1,064, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.3% of West Virginia neighborhoods.

Oakmont is a suburban neighborhood (based on population density) located in Wheeling, West Virginia.

Oakmont 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 Oakmont 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 1940 and 1969.

Home and apartment vacancy rates are 7.2% in Oakmont. NeighborhoodScout analysis shows that this rate is lower than 54.3% 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 Wheeling, the Oakmont neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research reveals that 95.7% of commuters who live in the Oakmont neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.5% of U.S. neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Oakmont neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Oakmont neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 60.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

If you are planning to retire in West Virginia, this neighborhood should be on your must-see list. For many reasons, Oakmont may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in West Virginia, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.0% of neighborhoods in WV. If a West Virginia retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.

Diversity

Did you know that the Oakmont neighborhood has more Scots-Irish and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have Scots-Irish ancestry and 1.7% have Lebanese ancestry.

The Neighbors

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 Oakmont neighborhood in Wheeling are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.4% of U.S. neighborhoods. In addition, 8.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 55.9% of America's neighborhoods.

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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Oakmont neighborhood, 55.6% of the working population is employed in executive, management, and professional 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 26.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.0%), and 8.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Oakmont neighborhood is English, spoken by 95.4% of households.

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 Oakmont neighborhood in Wheeling, WV, residents most commonly identify their ethnicity or ancestry as German (34.0%). There are also a number of people of Irish ancestry (21.0%), and residents who report English roots (15.4%), and some of the residents are also of Italian ancestry (7.9%), along with some Scots-Irish ancestry residents (5.4%), among others.

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 Oakmont neighborhood spend under 15 minutes commuting one-way to work (60.1% of working residents), one of the shortest commutes across America.

Here most residents (95.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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