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Real Estate Prices & Overview

Painesville on-the-Lake / Shoreland median real estate price is $209,223, which is more expensive than 50.9% of the neighborhoods in Ohio and 27.4% of the neighborhoods in the U.S.

The average rental price in Painesville on-the-Lake / Shoreland is currently $1,334, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.8% of Ohio neighborhoods.

Painesville on-the-Lake / Shoreland is a suburban neighborhood (based on population density) located in Painesville, Ohio.

Painesville on-the-Lake / Shoreland real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Painesville on-the-Lake / Shoreland neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Painesville on-the-Lake / Shoreland has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.1% 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

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

Of note is NeighborhoodScout's research finding that the Painesville on-the-Lake / Shoreland neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Painesville on-the-Lake / Shoreland community truly stands out from the rest in this regard.

Diversity

Did you know that the Painesville on-the-Lake / Shoreland neighborhood has more Hungarian and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.2% of this neighborhood's residents have Hungarian ancestry and 1.4% have Slovak ancestry.

Painesville on-the-Lake / Shoreland is also pretty special linguistically. Significantly, 8.7% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Painesville on-the-Lake / Shoreland neighborhood in Painesville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 63.2% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Painesville on-the-Lake / Shoreland neighborhood, 43.2% 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 21.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.4%), and 17.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Painesville on-the-Lake / Shoreland neighborhood is English, spoken by 97.0% of households. Some people also speak Polish (8.7%).

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 Painesville on-the-Lake / Shoreland neighborhood in Painesville, OH, residents most commonly identify their ethnicity or ancestry as German (29.0%). There are also a number of people of Irish ancestry (19.7%), and residents who report Italian roots (14.8%), and some of the residents are also of English ancestry (13.0%), along with some Polish ancestry residents (9.3%), 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 Painesville on-the-Lake / Shoreland neighborhood spend between 15 and 30 minutes commuting one-way to work (46.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.8%) drive alone in a private automobile to get to work. 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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