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Real Estate Prices & Overview

Elizaville / Mechanicsburg median real estate price is $332,863, which is more expensive than 83.3% of the neighborhoods in Indiana and 50.9% of the neighborhoods in the U.S.

The average rental price in Elizaville / Mechanicsburg is currently $1,445, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.5% of Indiana neighborhoods.

Elizaville / Mechanicsburg is a rural neighborhood (based on population density) located in Lebanon, Indiana.

Elizaville / Mechanicsburg real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Elizaville / Mechanicsburg neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Elizaville / Mechanicsburg has a 10.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.4% 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

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 Lebanon, the Elizaville / Mechanicsburg neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Unpopulated, and rural, the Elizaville / Mechanicsburg neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 92.5% of the neighborhoods in America.

The Neighbors

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 Elizaville / Mechanicsburg neighborhood in Lebanon are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.0% of the neighborhoods in America. In addition, 7.5% 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 57.8% of America's neighborhoods.

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 Elizaville / Mechanicsburg neighborhood, 32.1% 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 31.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.5%), and 10.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Elizaville / Mechanicsburg neighborhood is English, spoken by 100.0% of households. Some people also speak Italian (2.5%).

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 Elizaville / Mechanicsburg neighborhood in Lebanon, IN, residents most commonly identify their ethnicity or ancestry as German (22.7%). There are also a number of people of English ancestry (17.1%), and residents who report Irish roots (8.1%), and some of the residents are also of Italian ancestry (3.0%), along with some Mexican ancestry residents (2.9%), 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 Elizaville / Mechanicsburg neighborhood spend between 15 and 30 minutes commuting one-way to work (33.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (89.7%) drive alone in a private automobile to get to work. 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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