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Real Estate Prices & Overview

Glassco Park median real estate price is $111,195, which is less expensive than 83.9% of Ohio neighborhoods and 92.9% of all U.S. neighborhoods.

The average rental price in Glassco Park is currently $1,385, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.9% of Ohio neighborhoods.

Glassco Park is an urban neighborhood (based on population density) located in Lancaster, Ohio.

Glassco Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Glassco Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Glassco Park has a 13.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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 Lancaster, the Glassco Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

There are more people living in the Glassco Park neighborhood employed as sales and service workers (53.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Glassco Park neighborhood is a fantastic option for bicycle commuters, as 4.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.8% of the neighborhoods in America.

Also, more people in Glassco Park choose to walk to work each day (13.9%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

The Glassco Park neighborhood is unique for having just 6.6% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.7% of America's neighborhoods.

Diversity

Significantly, 6.8% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 95.8% of the neighborhoods in America.

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 Glassco Park neighborhood in Lancaster are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.3% of U.S. neighborhoods. With 11.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.8% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Glassco Park neighborhood, 46.6% 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 manufacturing and laborer occupations, with 29.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (12.9%), and 10.6% in clerical, assistant, and tech support occupations.

Languages

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 Glassco Park neighborhood is English, spoken by 96.9% of households. Other important languages spoken here include Italian and Spanish.

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 Glassco Park neighborhood in Lancaster, OH, residents most commonly identify their ethnicity or ancestry as German (18.1%). There are also a number of people of English ancestry (14.6%), and residents who report Irish roots (10.5%), and some of the residents are also of Italian ancestry (7.1%), along with some Puerto Rican ancestry residents (3.4%), among others.

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 Glassco Park neighborhood spend under 15 minutes commuting one-way to work (50.8% of working residents), one of the shortest commutes across America.

Here most residents (57.2%) 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 (18.1%) and 13.9% 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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