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Real Estate Prices & Overview

Rolling Rose / Mckinnie-Senate median real estate price is $98,103, which is less expensive than 89.5% of Indiana neighborhoods and 94.6% of all U.S. neighborhoods.

The average rental price in Rolling Rose / Mckinnie-Senate is currently $967, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.7% of Indiana neighborhoods.

Rolling Rose / Mckinnie-Senate is a rural neighborhood (based on population density) located in Fort Wayne, Indiana.

Rolling Rose / Mckinnie-Senate real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Rolling Rose / Mckinnie-Senate neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Rolling Rose / Mckinnie-Senate has a 14.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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.

Occupations

NeighborhoodScout's exclusive research identifies the Rolling Rose / Mckinnie-Senate neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 54.5% of its working residents employed in such fields, which is a higher proportion than 99.5% of American neighborhoods.

People

Single parenting is hard. But you don't have to tell the Rolling Rose / Mckinnie-Senate neighborhood about it; they already know. 26.1% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.1% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, the Rolling Rose / Mckinnie-Senate neighborhood is unique for having just 5.7% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.5% of America's neighborhoods.

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 Rolling Rose / Mckinnie-Senate neighborhood in Fort Wayne are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.9% of U.S. neighborhoods. With 35.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.1% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Rolling Rose / Mckinnie-Senate neighborhood, 54.5% of the working population is employed in manufacturing and laborer 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 18.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.5%), and 12.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Rolling Rose / Mckinnie-Senate neighborhood is English, spoken by 76.9% of households. Some people also speak Spanish (5.0%).

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 Rolling Rose / Mckinnie-Senate neighborhood in Fort Wayne, IN, residents most commonly identify their ethnicity or ancestry as Asian (21.6%). There are also a number of people of German ancestry (18.0%), and residents who report Irish roots (6.4%), and some of the residents are also of Mexican ancestry (4.8%), along with some English ancestry residents (1.4%), among others. In addition, 16.4% 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 Rolling Rose / Mckinnie-Senate neighborhood spend between 15 and 30 minutes commuting one-way to work (44.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (83.5%) 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 (14.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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