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Real Estate Prices & Overview

Vincennes University median real estate price is $59,711, which is less expensive than 97.9% of Indiana neighborhoods and 98.4% of all U.S. neighborhoods.

The average rental price in Vincennes University is currently $798, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.9% of Indiana neighborhoods.

Vincennes University is a suburban neighborhood (based on population density) located in Vincennes, Indiana.

Vincennes University real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Vincennes University neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Vincennes University. The current real estate vacancy rate here is 17.4%. This is higher than the rate of vacancies in 82.9% 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

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 Vincennes, the Vincennes University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Vincennes University neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.8% of all American neighborhoods.

People

NeighborhoodScout's analysis shows that the Vincennes University neighborhood has a greater concentration of residents currently enrolled in college than 98.8% of the neighborhoods in the U.S. With 35.9% of the population here attending college, this is very much a college-focused neighborhood.

In addition, one of the unique characteristics of the Vincennes University neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.4% of the neighborhoods in America.

Also, the Vincennes University neighborhood stands out within Indiana for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.4% of college-friendly places to live in IN.

Modes of Transportation

In the Vincennes University neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 20.9% of residents here. This is a higher proportion of walking commuters than we found in 98.3% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Vincennes University neighborhood is a fantastic option for bicycle commuters, as 3.7% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.9% of the neighborhoods in America.

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. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Vincennes University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Vincennes University neighborhood in Vincennes are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.4% of U.S. neighborhoods. With 45.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.0% 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 Vincennes University neighborhood, 46.3% 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 manufacturing and laborer occupations, with 27.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (13.1%), and 11.3% in clerical, assistant, and tech support 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 Vincennes University neighborhood is English, spoken by 89.0% of households. Other important languages spoken here include Spanish and Chinese.

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 Vincennes University neighborhood in Vincennes, IN, residents most commonly identify their ethnicity or ancestry as German (18.2%). There are also a number of people of Mexican ancestry (10.1%), and residents who report Irish roots (8.1%), and some of the residents are also of Puerto Rican ancestry (4.8%), along with some English ancestry residents (3.6%), 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 Vincennes University neighborhood spend under 15 minutes commuting one-way to work (52.0% of working residents), one of the shortest commutes across America.

Here most residents (53.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (20.9%) and 16.3% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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