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Real Estate Prices & Overview

W Spring St / S Nixon Ave median real estate price is $176,792, which is more expensive than 37.5% of the neighborhoods in Ohio and 18.2% of the neighborhoods in the U.S.

The average rental price in W Spring St / S Nixon Ave is currently $1,253, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.5% of Ohio neighborhoods.

W Spring St / S Nixon Ave is a suburban neighborhood (based on population density) located in Lima, Ohio.

W Spring St / S Nixon Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 W Spring St / S Nixon Ave 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 1940 and 1969.

W Spring St / S Nixon Ave has a 12.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.1% 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 Lima, the W Spring St / S Nixon Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 64.9% of the residential real estate in the W Spring St / S Nixon Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Significantly, 1.3% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 97.2% 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 W Spring St / S Nixon Ave neighborhood in Lima are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.4% of the neighborhoods in America. With 12.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.9% 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 W Spring St / S Nixon Ave neighborhood, 34.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.2%), and 17.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 W Spring St / S Nixon Ave neighborhood is English, spoken by 93.4% of households. Other important languages spoken here include Spanish and Italian.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the W Spring St / S Nixon Ave neighborhood in Lima, OH, residents most commonly identify their ethnicity or ancestry as German (20.7%). There are also a number of people of Irish ancestry (11.6%), and residents who report English roots (5.2%), and some of the residents are also of Mexican ancestry (4.3%), along with some Dutch ancestry residents (3.2%), 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 W Spring St / S Nixon Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (40.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.6%) 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 (8.2%) . 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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