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Real Estate Prices & Overview

Byron median real estate price is $395,476, which is more expensive than 86.5% of the neighborhoods in Ohio and 56.7% of the neighborhoods in the U.S.

The average rental price in Byron is currently $1,562, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.5% of the neighborhoods in Ohio.

Byron is a rural neighborhood (based on population density) located in Fairborn, Ohio.

Byron real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Byron neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Byron, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.5% of all neighborhoods in the U.S. This means that the housing supply in Byron is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Byron neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 22.8% of its workforce, this neighborhood has a greater concentration of government workers than 99.4% of U.S. neighborhoods.

Furthermore, the Byron neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.6% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Byron neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 11.0% executive lifestyle neighborhoods in the state of Ohio.

Diversity

Did you know that the Byron neighborhood has more Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Finnish 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 Byron neighborhood in Fairborn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.8% of the neighborhoods in America. In addition, 4.3% 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 66.9% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Byron neighborhood, 51.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 22.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.0%), and 14.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Byron neighborhood is English, spoken by 96.9% of households. Some people also speak Polish (2.6%).

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 Byron neighborhood in Fairborn, OH, residents most commonly identify their ethnicity or ancestry as German (23.6%). There are also a number of people of Irish ancestry (16.4%), and residents who report English roots (15.1%), and some of the residents are also of Mexican ancestry (5.9%), along with some Italian ancestry residents (5.5%), 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 Byron neighborhood spend between 15 and 30 minutes commuting one-way to work (47.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.0%) 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 (5.8%) . 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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