Russell Lake / Eaglewood Estates median real estate price is $490,506, which is more expensive than 98.8% of the neighborhoods in Indiana and 80.2% of the neighborhoods in the U.S.
The average rental price in Russell Lake / Eaglewood Estates is currently $1,587, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.3% of the neighborhoods in Indiana.
Russell Lake / Eaglewood Estates is a suburban neighborhood (based on population density) located in Zionsville, Indiana.
Russell Lake / Eaglewood Estates real estate is primarily made up of large (four, five or more 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 Russell Lake / Eaglewood Estates neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Russell Lake / Eaglewood Estates are 5.0%, which is lower than one will find in 73.9% of American neighborhoods. Demand for real estate in Russell Lake / Eaglewood Estates 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 Zionsville, the Russell Lake / Eaglewood Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
A majority of the adults in the Russell Lake / Eaglewood Estates 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 99.7% 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 families with school-aged children and urban sophisticates.
In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 98.8% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Russell Lake / Eaglewood Estates 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.
Also, the rate of college educated adults in the Russell Lake / Eaglewood Estates neighborhood is a unique characteristic of the neighborhood. 73.1% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 32.1% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.3% of all U.S. neighborhoods.
Finally, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Russell Lake / Eaglewood Estates neighborhood is wealthier than 95.1% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.
One way that the Russell Lake / Eaglewood Estates neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.3% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, homes built from 2000 through today make up a higher proportion of the Russell Lake / Eaglewood Estates neighborhood's real estate landscape than 97.8% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 68.5% of the residential real estate here is classified as newer.
Executives, managers and professionals make up 66.2% of the workforce in the Russell Lake / Eaglewood Estates neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.4% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
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 Russell Lake / Eaglewood Estates neighborhood in Zionsville are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.1% of the neighborhoods in America. In addition, 3.1% 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 78.5% 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 Russell Lake / Eaglewood Estates neighborhood, 66.2% 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 16.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.8%), and 8.7% 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 Russell Lake / Eaglewood Estates neighborhood is English, spoken by 89.8% of households. Other important languages spoken here include Spanish and Chinese.
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 Russell Lake / Eaglewood Estates neighborhood in Zionsville, IN, residents most commonly identify their ethnicity or ancestry as German (22.9%). There are also a number of people of English ancestry (12.7%), and residents who report Irish roots (10.1%), and some of the residents are also of Asian ancestry (7.8%), along with some Italian ancestry residents (5.2%), 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 Russell Lake / Eaglewood Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (39.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (89.4%) 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 (6.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2019 (latest available). Updated annually. Please note: Unemployment data updated February 2021.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
| School Details | Grades | Quality Rating Compared to IN* | Quality Rating Compared to Nation* |
|---|---|---|---|
|
Boone Meadow School
5555 S Main St Whitestown, IN 46075 |
PK-04 | ||
|
Eagle Elementary School
350 N 6th St Zionsville, IN 46077 |
PK-04 | ||
|
Lebanon Middle School
1800 N Grant St Lebanon, IN 46052 |
06-08 | ||
|
Lebanon Senior High School
510 Essex Dr Lebanon, IN 46052 |
09-12 | ||
|
Perry Worth Elementary School
3900 E 300 S Lebanon, IN 46052 |
KG-05 | ||
|
Stonegate Elementary School
7312 W Stonegate Dr Zionsville, IN 46077 |
PK-04 | ||
|
Zionsville Community High School
1000 Mulberry St Zionsville, IN 46077 |
09-12 | ||
|
Zionsville Middle School
900 N Ford Rd Zionsville, IN 46077 |
05-08 | ||
|
Zionsville Pleasant View Elem School
4700 S 975 E Zionsville, IN 46077 |
PK-04 | ||
|
Zionsville West Middle School
5565 S 700 E Whitestown, IN 46075 |
05-08 | ||
| * 10 is highest | |||
Analytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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