Southeast Pond median real estate price is $218,635, which is more expensive than 47.6% of the neighborhoods in Indiana and 25.2% of the neighborhoods in the U.S.
The average rental price in Southeast Pond is currently $676, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.8% of Indiana neighborhoods.
Southeast Pond is a suburban neighborhood (based on population density) located in South Bend, Indiana.
Southeast Pond 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 Southeast Pond neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Southeast Pond are 4.6%, which is lower than one will find in 69.2% of American neighborhoods. Demand for real estate in Southeast Pond is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 South Bend, the Southeast Pond neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the Southeast Pond neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Southeast Pond community truly stands out from the rest in this regard.
Did you know that the Southeast Pond neighborhood has more Belgian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Belgian ancestry and 3.5% have Hungarian ancestry.
Southeast Pond is also pretty special linguistically. Significantly, 7.6% 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 96.5% of the neighborhoods in America.
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 Southeast Pond neighborhood in South Bend are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.7% 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 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 Southeast Pond neighborhood, 48.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.7%), and 12.8% in clerical, assistant, and tech support occupations.
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 Southeast Pond neighborhood is English, spoken by 90.4% of households. Other important languages spoken here include Italian and Spanish.
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 Southeast Pond neighborhood in South Bend, IN, residents most commonly identify their ethnicity or ancestry as German (18.6%). There are also a number of people of Mexican ancestry (11.4%), and residents who report Polish roots (9.8%), and some of the residents are also of English ancestry (9.7%), along with some Irish ancestry residents (6.4%), among others.
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 Southeast Pond neighborhood spend between 15 and 30 minutes commuting one-way to work (59.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.4%) 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.