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: People
According to NeighborhoodScout's exclusive analysis, E 131st St / Cherry Tree Rd
is among the best neighborhoods for families in Indiana. In fact, this neighborhood is
more family-friendly than 99.9% of neighborhoods
in the entire state of Indiana. Its combination of top public
schools, low crime rates, and owner-occupied single family homes gives
this area the look and feel of a "Leave It to Beaver" episode. Many other
families also live here, making it easy to socialize and develop a strong
sense of community. In addition, the high number of college-educated parents
influences the academic success of the local schools. Overall, you will
find all of the amenities a family needs to thrive in the
E 131st St / Cherry Tree Rd neighborhood.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for highly educated executives, urban sophisticates and college students.
In addition, if you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 2.2% of America's neighborhoods are wealthier than the
E 131st St / Cherry Tree Rd neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
As one would expect in a considerably wealthy neighborhood such as this,
E 131st St / Cherry Tree Rd also has one of the lowest ratings of child
poverty in the nation.
Also, the rate of college educated adults in the E 131st St / Cherry Tree Rd neighborhood
is a unique characteristic of the neighborhood. 77.0% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
98.3% of all U.S. neighborhoods.
Finally, astoundingly, NeighborhoodScout's research reveals that this single
neighborhood has a higher concentration of married couples living here
than 97.3% of all U.S. neighborhoods. Whether they have
school-aged children or not, married couples are the rule in the
E 131st St / Cherry Tree Rd neighborhood. If you are a married couple, you may find many
people here with a similar lifestyle, and perhaps common interests. But if
you are single, you might not find many other singles here.
Notable & Unique: Diversity
Did you know that the E 131st St / Cherry Tree Rd neighborhood has more
Dutch ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.9% of
this neighborhood's residents have Dutch ancestry.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
More residents of the E 131st St / Cherry Tree Rd neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 96.1% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Real Estate
In addition, one way that the E 131st St / Cherry Tree Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.9% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, real estate in the E 131st St / Cherry Tree Rd neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.5% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 0.3%, the E 131st St / Cherry Tree Rd neighborhood has a lower vacancy rate than 96.7% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Also of note, this E 131st St / Cherry Tree Rd neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 99.3% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.7% of all neighborhoods in America.