Most Expensive Powell Neighborhoods
Powell is a somewhat small city located in the state of Ohio. With a population of 12,511 people and seven constituent neighborhoods, Powell is the 158th largest community in Ohio. Powell has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Powell, where the median household income is $136,250.
Powell home prices are not only among the most expensive in Ohio, but Powell real estate also consistently ranks among the most expensive in America.
Powell is a decidedly white-collar city, with fully 92.53% of the workforce employed in white-collar jobs, well above the national average. Overall, Powell is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Powell who work in management occupations (19.18%), sales jobs (14.87%) and healthcare (11.62%).
Also of interest is that Powell has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.58% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Powell is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Powell is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Powell really has some of the features that families look for when choosing a good community to raise children. Is Powell perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Powell. 72.31% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Powell in 2010 was $48,908, which is wealthy relative to Ohio and the nation. This equates to an annual income of $195,632 for a family of four.
Powell is a somewhat ethnically-diverse city. The people who call Powell home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Powell residents report their race to be White, followed by Asian. Important ancestries of people in Powell include German, Irish, Italian, English, Polish and Dutch.
The most common language spoken in Powell is English. Some people also speak Other Asian languages.
|NUMBER OF HOMES AND APARTMENTS||3,923|
|POWELL HOME OWNERSHIP|
|% OWNER OCCUPIED||94.02%|
|% RENTER OCCUPIED||5.98%|
|TYPE OF POWELL HOMES|
|SINGLE FAMILY DETACHED||85.96%|
|ROWHOUSES AND ATTACHED HOMES||11.94%|
|SMALL APARTMENT BUILDINGS||2.10%|
|COMPLEXES OR HIGH RISE APARTMENTS||0.00%|
|SIZE OF POWELL HOMES|
|5 OR MORE BEDROOMS||8.31%|
|AGE OF POWELL HOMES|
|NEWER HOMES (2000 OR LATER)||49.72%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||46.79%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||1.81%|
|HISTORIC (1939 OR BEFORE)||1.69%|
|POWELL REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$370,321|
|MEDIAN RENTAL PRICE||$2,279|
|HOME VALUE RANGE|
|$0 - $57,000||1.63%|
|$57,001 - $114,000||0.54%|
|$114,001 - $228,000||12.35%|
|$228,001 - $342,000||23.40%|
|$342,001 - $457,000||33.79%|
|$457,001 - $571,000||17.17%|
|$571,001 - $856,000||8.75%|
|$856,001 - $1,142,000||1.49%|
|PEOPLE OF POWELL||DETAILS|
|UNDER 5 YEARS||7.17%|
|5 TO 17||27.37%|
|18 TO 24||4.12%|
|25 TO 34||5.39%|
|35 TO 54||34.66%|
|55 TO 64||11.30%|
|65 YEARS AND OVER||10.00%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.76%|
|MEDIAN HOUSEHOLD INCOME||$136,250|
|PER CAPITA INCOME||$48,908|
|INDIVIDUALS BELOW POVERTY LEVEL||0.77%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (18.40%)
Professional, scientific, and technical services (15.46%)
|BLACK OR AFRICAN AMERICAN||2.62%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.26%|
|SOME OTHER RACE ALONE||0.05%|
|TWO OR MORE RACES||0.47%|
|HISPANIC OR LATINO (OF ANY RACE)||0.77%|
|ETHNICITIES PRESENT||German (23.65%)
|LANGUAGES SPOKEN||English (88.94%)
Other Asian languages (2.54%)
African languages (1.10%)
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