About Indianapolis, IN (Promontory Rd / Old Stone Dr)


Real Estate Prices and Overview

Promontory Rd / Old Stone Dr median real estate price is $461,224, which is more expensive than 98.8% of the neighborhoods in Indiana and 78.6% of the neighborhoods in the U.S.

The average rental price in Promontory Rd / Old Stone Dr is currently $1,840, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.0% of the neighborhoods in Indiana.

Promontory Rd / Old Stone Dr is a suburban neighborhood (based on population density) located in Indianapolis, Indiana.

Promontory Rd / Old Stone Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Promontory Rd / Old Stone Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Promontory Rd / Old Stone Dr, the current vacancy rate is 3.6%, which is a lower rate of vacancies than 82.6% of all neighborhoods in the U.S. This means that the housing supply in Promontory Rd / Old Stone Dr is very tight compared to the demand for property here.

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.

Notable & Unique: People

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 1.4% of America's neighborhoods are wealthier than the Promontory Rd / Old Stone Dr 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, Promontory Rd / Old Stone Dr also has one of the lowest ratings of child poverty in the nation.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Promontory Rd / Old Stone Dr neighborhood may actually hold the key. 70.6% of its residents are married, which is a higher percentage than is found in 98.9% of the neighborhoods in America.

Also, a majority of the adults in the Promontory Rd / Old Stone Dr neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Indiana by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.9% of the neighborhoods in Indiana. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.

Finally, the rate of college educated adults in the Promontory Rd / Old Stone Dr neighborhood is a unique characteristic of the neighborhood. 71.9% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 32.1% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.8% of all U.S. neighborhoods.

Notable & Unique: Real Estate

Owner-occupied real estate dominates the Promontory Rd / Old Stone Dr neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.7% of neighborhoods in America.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Promontory Rd / Old Stone Dr stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 95.6% of the residential real estate here was built in this one time period.

Furthermore, one way that the Promontory Rd / Old Stone Dr neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.0% 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.

Notable & Unique: Modes of Transportation

In the Promontory Rd / Old Stone Dr neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 14.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.4% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Also, while most Americans do drive to work alone each day, the Promontory Rd / Old Stone Dr neighborhood stands out by having 94.0% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 95.5% of all American neighborhoods.

Notable & Unique: Occupations

The Promontory Rd / Old Stone Dr neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.4% of the neighborhoods in America. In fact, 66.2% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Notable & Unique: Diversity

Did you know that the Promontory Rd / Old Stone Dr neighborhood has more Croatian and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Croatian ancestry and 1.7% have Swiss ancestry.

Promontory Rd / Old Stone Dr is also pretty special linguistically. Significantly, 7.5% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.1% of the neighborhoods in America.


The Neighbors

The Neighbors: Income

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 Promontory Rd / Old Stone Dr neighborhood in Indianapolis are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 98.6% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

The Neighbors: Occupations

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Promontory Rd / Old Stone Dr neighborhood, 66.2% of the working population is employed in executive, management, and professional 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 23.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (6.9%), and 4.9% in government jobs, whether they are in local, state, or federal positions.

The Neighbors: Languages

The most common language spoken in the Promontory Rd / Old Stone Dr neighborhood is English, spoken by 95.9% of households. Some people also speak Italian (7.5%).

The Neighbors: 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 Promontory Rd / Old Stone Dr neighborhood in Indianapolis, IN, residents most commonly identify their ethnicity or ancestry as German (24.8%). There are also a number of people of Irish ancestry (19.2%), and residents who report English roots (10.3%), and some of the residents are also of Italian ancestry (8.7%), along with some Polish ancestry residents (5.3%), among others.

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 Promontory Rd / Old Stone Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (35.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (94.0%) 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 (6.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Neighborhood Real Estate Data

Analytics built by:   Location, Inc.

Raw data sources:   National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

 

Median Home Value:
Locked

Median Real Estate Taxes:
Locked ( effective rate)

Neighborhood Home Prices

blankimg

Rental Market

 

Average Market Rent:
/ per month

GROSS RENTAL YIELD:
Locked

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

blankimg
blankimg

Setting

 
blankimg

Neighborhood Look and Feel

blankimg

Housing Market Details

 

AGE OF Indianapolis, IN (Promontory Rd / Old Stone Dr) HOMES

blankimg

TYPE OF Indianapolis, IN (Promontory Rd / Old Stone Dr) HOMES

blankimg

SIZE OF Indianapolis, IN (Promontory Rd / Old Stone Dr) HOMES

blankimg

SIZE OF Indianapolis, IN (Promontory Rd / Old Stone Dr) HOMES

blankimg

homeownership

 
blankimg

Neighborhood Demographics Data

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency:   2019 (latest available). Updated annually. Please note: Unemployment data updated May 2021.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data

Lifestyle

 
blankimg

Special character

 
blankimg

Age / Marital Status

 

Gender Ratio

blankimg

Military & College Status

 
blankimg

Employment Industries in Promontory Rd / Old Stone Dr

 
blankimg

Commute to work

 

Means Of Transport blankimg

Vehicles Per Household

blankimg

Migration & Mobility

 

Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

blankimg

Occupations

 

Ancestries & Languages Spoken

 

Ancestry (top 20)

blankimg

Languages Spoken (top 20)

blankimg

Unemployment Rate

 
blankimg

Average Income

 

Per Capita Income

blankimg

Median Household Income

blankimg

Education

 

Percent with College Degree

blankimg

Percent with Advanced Degree

blankimg

Income & Education

 
blankimg

Neighborhood Crime Data

Analytics built by:   Location, Inc.

Raw data sources:   18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency:   Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

Violent Crime Comparison (per 1,000 residents)

20 15 10 5 0
LOCKED
LOCKED
3.71
National Median: 4
    Promontory Rd / Old Stone Dr
    Indianapolis
    Indiana

My Chances of Becoming a Victim of a Violent Crime

1 in

in Promontory Rd / Old Stone Dr

1 in

in Indianapolis

1 in 270

in Indiana

Indianapolis VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

Property Crime Comparison (per 1,000 residents)

100 75 50 25 0
LOCKED
LOCKED
19.71
National Median: 21
    Promontory Rd / Old Stone Dr
    Indianapolis
    Indiana

My Chances of Becoming a Victim of a Property Crime

1 in

in Promontory Rd / Old Stone Dr

1 in

in Indianapolis

1 in 51

in Indiana

Indianapolis Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

200 150 100 50 0
LOCKED
LOCKED
25
National Median: 28.3
    Promontory Rd / Old Stone Dr
    Indianapolis
    Indiana

Neighborhood Public School Data

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Due to Covid-19, standardized testing did not take place during the 2019-2020 academic school year. Test data: Reflects 2018 – 2019 school year.
  • Expenditures: 2018
  • Educational Environment: 2019 (latest available). Updated annually.
  • All data updated June 2021

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood

 
School Details Grades Quality Rating Compared to IN* Quality Rating Compared to Nation*
Fall Creek Valley Middle School
9701 E 63rd St
Indianapolis, IN 46236
07-08
Belzer Middle School
7555 E 56th St
Indianapolis, IN 46226
07-08
Lawrence Central High School
7300 E 56th St
Indianapolis, IN 46226
09-12
Lawrence North High School
7802 N Hague Rd
Indianapolis, IN 46256
09-12
Early Learning Center School
6501 Sunnysdie Rd
Indianapolis, IN 46236
PK-KG
Amy Beverland Elementary School
11650 Fox Rd
Indianapolis, IN 46236
01-06
* 10 is highest

Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

M S D LAWRENCE TOWNSHIP


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Indiana

(10 is best)

Better than of IN school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT

SEE ALL SCHOOLS

Schools In This District

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

comparable neighborhoods nearby