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Real Estate Prices & Overview

Town Center / Woodbury median real estate price is $382,079, which is more expensive than 89.2% of the neighborhoods in Indiana and 58.2% of the neighborhoods in the U.S.

The average rental price in Town Center / Woodbury is currently $1,752, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.2% of the neighborhoods in Indiana.

Town Center / Woodbury is a suburban neighborhood (based on population density) located in McCordsville, Indiana.

Town Center / Woodbury real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Town Center / Woodbury neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Town Center / Woodbury, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 88.3% of all neighborhoods in the U.S. This means that the housing supply in Town Center / Woodbury 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.

Occupations

With 3.7% of employed workers living in the Town Center / Woodbury neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.3% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Town Center / Woodbury neighborhood. A whopping 75.3% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.9% of the neighborhoods in the U.S. Everything here just feels new.

People

Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.8% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Town Center / Woodbury neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

In addition, a majority of the adults in the Town Center / Woodbury 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 96.5% 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 and families with school-aged children.

Diversity

Did you know that the Town Center / Woodbury neighborhood has more Finnish and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Finnish ancestry and 1.1% have Yugoslav ancestry.

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 Town Center / Woodbury neighborhood in McCordsville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.7% of the neighborhoods in America. In addition, 5.0% 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 65.1% of America'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 Town Center / Woodbury neighborhood, 62.8% 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 14.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.0%), and 10.3% 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 Town Center / Woodbury neighborhood is English, spoken by 91.8% of households. Other important languages spoken here include Spanish and Italian.

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 Town Center / Woodbury neighborhood in McCordsville, IN, residents most commonly identify their ethnicity or ancestry as German (18.2%). There are also a number of people of English ancestry (10.6%), and residents who report Irish roots (9.7%), and some of the residents are also of French ancestry (6.1%), along with some Arab ancestry residents (2.5%), 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 Town Center / Woodbury neighborhood spend between 15 and 30 minutes commuting one-way to work (40.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.1%) 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 (7.3%) . 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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