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Real Estate Prices & Overview

Village Center / Ohio Northern University median real estate price is $226,918, which is more expensive than 46.5% of the neighborhoods in Ohio and 24.4% of the neighborhoods in the U.S.

The average rental price in Village Center / Ohio Northern University is currently $1,057, based on Ä¢¹½ÊÓÆµ's exclusive analysis. Rents here are currently lower in price than 91.3% of Ohio neighborhoods.

Village Center / Ohio Northern University is a suburban neighborhood (based on population density) located in Ada, Ohio.

Village Center / Ohio Northern University real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Village Center / Ohio Northern University 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 2000 and the present.

Vacant apartments or homes are a major fact of life in Village Center / Ohio Northern University. The current real estate vacancy rate here is 41.1%. This is higher than the rate of vacancies in 97.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to Ä¢¹½ÊÓÆµ's exclusive exploration and analysis.

People

In a nation where 1 out of every 4 children lives in poverty, the Village Center / Ohio Northern University neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, neighborhoodScout's analysis shows that the Village Center / Ohio Northern University neighborhood has a greater concentration of residents currently enrolled in college than 99.9% of the neighborhoods in the U.S. With 96.6% of the population here attending college, this is very much a college-focused neighborhood.

Also, one of the really interesting characteristics about the Village Center / Ohio Northern University neighborhood is that, according to Ä¢¹½ÊÓÆµ's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.2% of college-friendly places to live in the state of Ohio.

Modes of Transportation

In the Village Center / Ohio Northern University neighborhood, walking to work is a real option for many. In fact, Ä¢¹½ÊÓÆµ's exclusive research reveals walking to and from work is the chosen way to commute for 46.4% of residents here. This is a higher proportion of walking commuters than we found in 99.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Village Center / Ohio Northern University neighborhood, they truly stand out. Ä¢¹½ÊÓÆµ's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.1% of all American neighborhoods.

Real Estate

99.2% of the real estate in the Village Center / Ohio Northern University neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 41.1% of the residential real estate vacant, the Village Center / Ohio Northern University neighborhood claims the distinction of having a higher vacancy rate than 97.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Village Center / Ohio Northern University neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 41.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.3% of America's neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Village Center / Ohio Northern University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 64.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than Ä¢¹½ÊÓÆµ found in 97.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. Ä¢¹½ÊÓÆµ's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Village Center / Ohio Northern University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Village Center / Ohio Northern University neighborhood has more Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Romanian ancestry.

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 Village Center / Ohio Northern University neighborhood in Ada are low income, making it among the lowest income neighborhoods in America. Ä¢¹½ÊÓÆµ's research shows that this neighborhood has an income lower than 91.5% of U.S. neighborhoods. 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.

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 Village Center / Ohio Northern University neighborhood, 47.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.1%), and 8.7% in manufacturing and laborer occupations.

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 Village Center / Ohio Northern University neighborhood is English, spoken by 91.6% of households. Other important languages spoken here include Spanish and Polish.

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 Village Center / Ohio Northern University neighborhood in Ada, OH, residents most commonly identify their ethnicity or ancestry as German (17.2%). There are also a number of people of Irish ancestry (12.9%), and residents who report Italian roots (8.1%), and some of the residents are also of Asian ancestry (4.6%), along with some Polish ancestry residents (3.5%), 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 Village Center / Ohio Northern University neighborhood spend under 15 minutes commuting one-way to work (64.1% of working residents), one of the shortest commutes across America.

Here most residents (46.4%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (29.0%) . This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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Schools include:
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