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Real Estate Prices & Overview

Todd Rd / S Sherman Dr median real estate price is $238,135, which is more expensive than 61.9% of the neighborhoods in Indiana and 34.3% of the neighborhoods in the U.S.

The average rental price in Todd Rd / S Sherman Dr is currently $1,481, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.3% of Indiana neighborhoods.

Todd Rd / S Sherman Dr is a suburban neighborhood (based on population density) located in Indianapolis, Indiana.

Todd Rd / S Sherman Dr 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 occupied by a mixture of owners and renters. Many of the residences in the Todd Rd / S Sherman 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 Todd Rd / S Sherman Dr, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 91.2% of all neighborhoods in the U.S. This means that the housing supply in Todd Rd / S Sherman Dr is very tight compared to the demand for property here.

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.

Diversity

Did you know that the Todd Rd / S Sherman Dr neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.0% of this neighborhood's residents have Asian 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 Todd Rd / S Sherman Dr neighborhood in Indianapolis are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.7% of U.S. neighborhoods. With 27.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.3% 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 Todd Rd / S Sherman Dr neighborhood, 28.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (27.5%), and 16.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Todd Rd / S Sherman Dr neighborhood is English, spoken by 73.4% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Todd Rd / S Sherman Dr neighborhood in Indianapolis, IN, residents most commonly identify their ethnicity or ancestry as Asian (24.0%). There are also a number of people of German ancestry (12.3%), and residents who report Irish roots (7.4%), and some of the residents are also of English ancestry (6.1%), along with some Sub-Saharan African ancestry residents (4.1%), among others. In addition, 17.7% 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 Todd Rd / S Sherman Dr neighborhood spend between 30 and 45 minutes commuting one-way to work (30.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (85.2%) 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 (11.7%) . 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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