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Real Estate Prices & Overview

Regents Park Blvd / N McCord Rd median real estate price is $338,919, which is more expensive than 82.4% of the neighborhoods in Ohio and 51.9% of the neighborhoods in the U.S.

The average rental price in Regents Park Blvd / N McCord Rd is currently $2,512, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.6% of the neighborhoods in Ohio.

Regents Park Blvd / N McCord Rd is a suburban neighborhood (based on population density) located in Toledo, Ohio.

Regents Park Blvd / N McCord Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Regents Park Blvd / N McCord Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Regents Park Blvd / N McCord Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Regents Park Blvd / N McCord Rd is very tight compared to the demand for property here.

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.

Real Estate

With a real estate vacancy rate of only 0.0%, the Regents Park Blvd / N McCord Rd neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, one way that the Regents Park Blvd / N McCord Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Regents Park Blvd / N McCord Rd stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 82.5% of the residential real estate here was built in this one time period.

Also of note, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Regents Park Blvd / N McCord Rd neighborhood could be your paradise. With 23.6% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.9% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Modes of Transportation

While most Americans do drive to work alone each day, the Regents Park Blvd / N McCord Rd neighborhood stands out by having 92.2% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 97.6% of all American neighborhoods.

People

The Regents Park Blvd / N McCord Rd neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.4% of Ohio neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.

Diversity

Did you know that the Regents Park Blvd / N McCord Rd neighborhood has more German and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 43.5% of this neighborhood's residents have German ancestry and 2.1% have Slovak ancestry.

Regents Park Blvd / N McCord Rd is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.8% 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 Regents Park Blvd / N McCord Rd neighborhood in Toledo are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.2% of the neighborhoods in America. In addition, 3.2% 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 71.3% 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 Regents Park Blvd / N McCord Rd neighborhood, 56.6% 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 23.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.3%), and 5.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Regents Park Blvd / N McCord Rd neighborhood is English, spoken by 88.3% of households. Some people also speak Arabic (5.8%).

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 Regents Park Blvd / N McCord Rd neighborhood in Toledo, OH, residents most commonly identify their ethnicity or ancestry as German (43.5%). There are also a number of people of Irish ancestry (19.4%), and residents who report Polish roots (12.4%), and some of the residents are also of Italian ancestry (10.0%), along with some Arab ancestry residents (4.8%), 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 Regents Park Blvd / N McCord Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (45.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (92.2%) 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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