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Real Estate Prices & Overview

East Gate median real estate price is $170,959, which is more expensive than 38.3% of the neighborhoods in Indiana and 20.0% of the neighborhoods in the U.S.

The average rental price in East Gate is currently $1,430, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.5% of Indiana neighborhoods.

East Gate is a suburban neighborhood (based on population density) located in Indianapolis, Indiana.

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

Home and apartment vacancy rates are 8.8% in East Gate. NeighborhoodScout analysis shows that this rate is lower than 45.8% 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 Indianapolis, the East Gate neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the East Gate neighborhood has more Finnish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Finnish ancestry and 3.6% have Welsh 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 East Gate neighborhood in Indianapolis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.2% of U.S. neighborhoods. With 17.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.0% 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 East Gate neighborhood, 26.5% 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 26.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.8%), and 22.8% in executive, management, and professional occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the East Gate neighborhood is English, spoken by 89.9% of households. Other important languages spoken here include Spanish and Polish.

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 East Gate neighborhood in Indianapolis, IN, residents most commonly identify their ethnicity or ancestry as German (11.7%). There are also a number of people of Irish ancestry (10.6%), and residents who report Welsh roots (3.6%), and some of the residents are also of Finnish ancestry (3.6%), along with some Polish ancestry residents (3.4%), 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 East Gate neighborhood spend between 15 and 30 minutes commuting one-way to work (48.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.3%) 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 (12.9%) . 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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