Watertree median real estate price is $280,318, which is more expensive than 79.3% of the neighborhoods in Indiana and 45.6% of the neighborhoods in the U.S.
The average rental price in Watertree is currently $1,248, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.0% of Indiana neighborhoods.
Watertree is a suburban neighborhood (based on population density) located in Terre Haute, Indiana.
Watertree real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Watertree 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 Watertree, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 82.0% of all neighborhoods in the U.S. This means that the housing supply in Watertree is very tight compared to the demand for property here.
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.
Of note is NeighborhoodScout's research finding that the Watertree 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 Watertree community truly stands out from the rest in this regard.
In addition, an extraordinary 17.0% of the residents of the Watertree neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, if you're nearing retirement age, or in retirement, the Watertree is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.5% of retiree-friendly neighborhoods in Indiana, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Indiana.
While most Americans do drive to work alone each day, the Watertree neighborhood stands out by having 93.5% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.6% of all American neighborhoods.
Did you know that the Watertree neighborhood has more Hungarian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.0% of this neighborhood's residents have Hungarian ancestry and 2.1% have Romanian ancestry.
Watertree is also pretty special linguistically. Significantly, 5.4% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 95.5% of the neighborhoods in America.
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 Watertree neighborhood in Terre Haute are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.1% 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 Watertree neighborhood, 62.7% 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 17.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.8%), and 7.4% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Watertree neighborhood is English, spoken by 88.7% of households. Some people also speak Chinese (5.4%).
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 Watertree neighborhood in Terre Haute, IN, residents most commonly identify their ethnicity or ancestry as German (25.1%). There are also a number of people of English ancestry (10.7%), and residents who report Asian roots (8.0%), and some of the residents are also of Irish ancestry (7.6%), along with some Hungarian ancestry residents (6.0%), among others.
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 Watertree neighborhood spend between 15 and 30 minutes commuting one-way to work (53.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (93.5%) 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.