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Real Estate Prices & Overview

Lower Price Hill median real estate price is $119,110, which is less expensive than 81.7% of Ohio neighborhoods and 92.0% of all U.S. neighborhoods.

The average rental price in Lower Price Hill is currently $949, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.9% of Ohio neighborhoods.

Lower Price Hill is a rural neighborhood (based on population density) located in Cincinnati, Ohio.

Lower Price Hill real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Lower Price Hill neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Lower Price Hill. The current real estate vacancy rate here is 25.9%. This is higher than the rate of vacancies in 92.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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

The Lower Price Hill neighborhood stands out for having an average per capita income lower than 99.9% of the neighborhoods in the United States. Also of note, 89.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Lower Price Hill neighborhood has more single mother households than 99.2% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.8% of U.S. neighborhoods.

Also, in the Lower Price Hill neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 15.9% of residents here. This is a higher proportion of walking commuters than we found in 97.3% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Lower Price Hill neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 50.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.4% of America's neighborhoods.

In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 70.6% of the residential real estate in the Lower Price Hill neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Lower Price Hill neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.1% of all American neighborhoods.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Lower Price Hill neighborhood have a highly unusual car ownership. 34.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.

Diversity

Did you know that the Lower Price Hill neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Arab 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 Lower Price Hill neighborhood in Cincinnati are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. With 89.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.7% of U.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 Lower Price Hill neighborhood, 43.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.2%), and 11.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lower Price Hill neighborhood is English, spoken by 97.3% of households.

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 Lower Price Hill neighborhood in Cincinnati, OH, residents most commonly identify their ethnicity or ancestry as German (7.3%). There are also a number of people of Irish ancestry (5.7%), and residents who report English roots (3.8%), and some of the residents are also of Arab ancestry (3.1%).

Getting to Work

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 Lower Price Hill neighborhood spend under 15 minutes commuting one-way to work (41.5% of working residents), one of the shortest commutes across America.

Here most residents (49.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (20.9%) and 15.9% of residents also hop out the door and walk to work for their daily commute. 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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