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Real Estate Prices & Overview

Slater Ridge / Hazel Dell Woods median real estate price is $402,872, which is more expensive than 87.5% of the neighborhoods in Indiana and 56.7% of the neighborhoods in the U.S.

The average rental price in Slater Ridge / Hazel Dell Woods is currently $2,538, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.6% of the neighborhoods in Indiana.

Slater Ridge / Hazel Dell Woods is a rural neighborhood (based on population density) located in Westfield, Indiana.

Slater Ridge / Hazel Dell Woods 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 Slater Ridge / Hazel Dell Woods neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Slater Ridge / Hazel Dell Woods are 5.6%, which is lower than one will find in 62.7% of American neighborhoods. Demand for real estate in Slater Ridge / Hazel Dell Woods 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Of note is NeighborhoodScout's research finding that the Slater Ridge / Hazel Dell Woods 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 Slater Ridge / Hazel Dell Woods community truly stands out from the rest in this regard.

In addition, a majority of the adults in the Slater Ridge / Hazel Dell Woods 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 95.6% of the neighborhoods in Indiana.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Slater Ridge / Hazel Dell Woods neighborhood. A whopping 66.3% 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 95.1% of the neighborhoods in the U.S. Everything here just feels new.

Diversity

Did you know that the Slater Ridge / Hazel Dell Woods neighborhood has more Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have Brazilian 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 Slater Ridge / Hazel Dell Woods neighborhood in Westfield are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.1% 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 Slater Ridge / Hazel Dell Woods neighborhood, 54.4% 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 23.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 6.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Slater Ridge / Hazel Dell Woods neighborhood is English, spoken by 94.5% of households. Some people also speak Spanish (2.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Slater Ridge / Hazel Dell Woods neighborhood in Westfield, IN, residents most commonly identify their ethnicity or ancestry as German (28.1%). There are also a number of people of English ancestry (17.4%), and residents who report Irish roots (10.6%), and some of the residents are also of Italian ancestry (8.4%), along with some Polish ancestry residents (4.7%), 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 Slater Ridge / Hazel Dell Woods neighborhood spend between 15 and 30 minutes commuting one-way to work (36.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.7%) 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 (9.2%) . 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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