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Real Estate Prices & Overview

West Central / Sherman median real estate price is $141,973, which is less expensive than 75.2% of Indiana neighborhoods and 87.6% of all U.S. neighborhoods.

The average rental price in West Central / Sherman is currently $1,293, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.6% of Indiana neighborhoods.

West Central / Sherman is an urban neighborhood (based on population density) located in Elkhart, Indiana.

West Central / Sherman real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the West Central / Sherman 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.

Vacant apartments or homes are a major fact of life in West Central / Sherman. The current real estate vacancy rate here is 36.5%. This is higher than the rate of vacancies in 96.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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

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.

People

The West Central / Sherman neighborhood is unique for having just 2.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.6% of America's neighborhoods.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the West Central / Sherman neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 42.4% of the real estate here is made up of such dwellings, which is higher than 97.4% of all U.S. neighborhoods.

In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 36.5% of the residential real estate vacant, the West Central / Sherman neighborhood claims the distinction of having a higher vacancy rate than 96.8% 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 63.0% of the residential real estate in the West Central / Sherman neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the West Central / Sherman neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.0% of all American neighborhoods.

Modes of Transportation

In the West Central / Sherman neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.1% of commuters carpool here, which is more than in 95.9% of all U.S. neighborhoods.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.0% of residents in the West Central / Sherman neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Diversity

Did you know that the West Central / Sherman neighborhood has more Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.7% of this neighborhood's residents have Dutch ancestry.

The Neighbors

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 West Central / Sherman neighborhood in Elkhart are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.4% of U.S. neighborhoods. With 32.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.9% of U.S. neighborhoods.

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 West Central / Sherman neighborhood, 40.8% 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 39.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 4.8% in executive, management, and professional occupations.

Languages

The most common language spoken in the West Central / Sherman neighborhood is English, spoken by 79.5% of households. Some people also speak Spanish (18.9%).

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 West Central / Sherman neighborhood in Elkhart, IN, residents most commonly identify their ethnicity or ancestry as Mexican (18.0%). There are also a number of people of German ancestry (11.1%), and residents who report English roots (7.9%), and some of the residents are also of Dutch ancestry (5.7%), along with some Italian ancestry residents (5.3%), among others. In addition, 13.9% of the residents of this neighborhood were born in another country.

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 West Central / Sherman neighborhood spend under 15 minutes commuting one-way to work (40.7% of working residents), one of the shortest commutes across America.

Here most residents (70.8%) 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 (23.1%) . 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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