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Real Estate Prices & Overview

The Oaks / Hoover Park median real estate price is $85,275, which is less expensive than 92.5% of Indiana neighborhoods and 95.9% of all U.S. neighborhoods.

The average rental price in The Oaks / Hoover Park is currently $920, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.2% of Indiana neighborhoods.

The Oaks / Hoover Park is a suburban neighborhood (based on population density) located in Hartford City, Indiana.

The Oaks / Hoover Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the The Oaks / Hoover Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

The Oaks / Hoover Park has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.1% 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

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 get around.

People

With a nice mix of college students, safety from crime, and decent walkability, the The Oaks / Hoover Park neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.9% of the neighborhoods in IN. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the The Oaks / Hoover Park neighborhood has more Austrian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Austrian ancestry and 3.6% have Hungarian 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 The Oaks / Hoover Park neighborhood in Hartford City are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.8% of U.S. neighborhoods. With 11.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.7% 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 The Oaks / Hoover Park neighborhood, 41.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.9%), and 16.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the The Oaks / Hoover Park neighborhood is English, spoken by 100.0% of households.

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 The Oaks / Hoover Park neighborhood in Hartford City, IN, residents most commonly identify their ethnicity or ancestry as German (10.2%). There are also a number of people of Irish ancestry (9.1%), and residents who report English roots (8.3%), and some of the residents are also of Hungarian ancestry (3.6%), along with some Austrian ancestry residents (2.0%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in The Oaks / Hoover Park neighborhood spend under 15 minutes commuting one-way to work (42.2% of working residents), one of the shortest commutes across America.

Here most residents (82.4%) 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 (14.3%) . 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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