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Real Estate Prices & Overview

Marvin Ave / Goddard Rd median real estate price is $153,218, which is more expensive than 29.9% of the neighborhoods in Ohio and 14.2% of the neighborhoods in the U.S.

The average rental price in Marvin Ave / Goddard Rd is currently $1,396, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.5% of Ohio neighborhoods.

Marvin Ave / Goddard Rd is a suburban neighborhood (based on population density) located in Toledo, Ohio.

Marvin Ave / Goddard Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Marvin Ave / Goddard Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Marvin Ave / Goddard Rd are 5.8%, which is lower than one will find in 61.2% of American neighborhoods. Demand for real estate in Marvin Ave / Goddard Rd is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Toledo, the Marvin Ave / Goddard Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the most interesting things about the Marvin Ave / Goddard Rd neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 59.2% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.7% of the neighborhoods in America.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Marvin Ave / Goddard Rd neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.3% of the neighborhoods in OH. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Marvin Ave / Goddard Rd neighborhood has more Slovak and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Slovak ancestry and 1.3% have Finnish ancestry.

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 Marvin Ave / Goddard Rd neighborhood in Toledo are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.0% of U.S. neighborhoods. With 12.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.3% 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 Marvin Ave / Goddard Rd neighborhood, 54.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 16.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.4%), and 13.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Marvin Ave / Goddard Rd neighborhood is English, spoken by 98.5% of households. Some people also speak Polish (4.0%).

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 Marvin Ave / Goddard Rd neighborhood in Toledo, OH, residents most commonly identify their ethnicity or ancestry as German (23.3%). There are also a number of people of Irish ancestry (11.6%), and residents who report Polish roots (7.4%), and some of the residents are also of Italian ancestry (6.3%), along with some Sub-Saharan African 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 Marvin Ave / Goddard Rd neighborhood spend under 15 minutes commuting one-way to work (51.9% of working residents), one of the shortest commutes across America.

Here most residents (83.1%) 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 (13.5%) . 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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