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Real Estate Prices & Overview

South Perry East median real estate price is $254,140, which is more expensive than 63.6% of the neighborhoods in Indiana and 33.8% of the neighborhoods in the U.S.

The average rental price in South Perry East is currently $1,960, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.0% of the neighborhoods in Indiana.

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

South Perry East 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 South Perry East 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 South Perry East, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.7% of all neighborhoods in the U.S. This means that the housing supply in South Perry East 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.

People

If you're planning where to retire, the South Perry East neighborhood in Indianapolis is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in IN, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.2% of the neighborhoods in Indiana. If you are considering retiring to Indiana, this is a good neighborhood to look at.

Diversity

Did you know that the South Perry East neighborhood has more Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.6% of this neighborhood's residents have Swedish 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 South Perry East neighborhood in Indianapolis are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.6% of the neighborhoods in America. With 18.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.8% 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 South Perry East neighborhood, 49.6% 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 20.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.3%), and 11.0% in clerical, assistant, and tech support 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 South Perry East neighborhood is English, spoken by 89.1% of households. Other important languages spoken here include Italian and Spanish.

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 South Perry East neighborhood in Indianapolis, IN, residents most commonly identify their ethnicity or ancestry as English (15.0%). There are also a number of people of German ancestry (12.9%), and residents who report Irish roots (12.7%), and some of the residents are also of Asian ancestry (6.5%), along with some Swedish ancestry residents (5.6%), 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 South Perry East neighborhood spend between 15 and 30 minutes commuting one-way to work (48.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.2%) 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 (6.8%) . 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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