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Real Estate Prices & Overview

Broadway Slavic Village South median real estate price is $57,612, which is less expensive than 96.3% of Ohio neighborhoods and 98.5% of all U.S. neighborhoods.

The average rental price in Broadway Slavic Village South is currently $1,242, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.8% of Ohio neighborhoods.

Broadway Slavic Village South is a suburban neighborhood (based on population density) located in Cleveland, Ohio.

Broadway Slavic Village South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Broadway Slavic Village South 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 1940 and 1969.

Broadway Slavic Village South has a 12.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Cleveland, the Broadway Slavic Village South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Broadway Slavic Village South neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 39.7% of commuters carpool here, which is more than in 99.8% of all U.S. neighborhoods.

Real Estate

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 Broadway Slavic Village South 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, 50.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.4% of America's neighborhoods.

In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 81.3% of the residential real estate in the Broadway Slavic Village South neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

People

The Broadway Slavic Village South neighborhood is unique for having just 5.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.9% of America's neighborhoods.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 51.1%. This is a higher percent living alone than we found in 96.2% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Broadway Slavic Village South neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.6% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.5% of U.S. neighborhoods.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Broadway Slavic Village South neighborhood has a highly unusual pattern of car ownership. 22.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.8% of U.S. neighborhoods.

Diversity

Did you know that the Broadway Slavic Village South neighborhood has more Polish and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.5% of this neighborhood's residents have Polish ancestry and 2.5% have Croatian ancestry.

Broadway Slavic Village South is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 96.3% 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 Broadway Slavic Village South neighborhood in Cleveland are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.5% of U.S. neighborhoods. With 51.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.6% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Broadway Slavic Village South neighborhood, 33.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.9%), and 15.5% 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 Broadway Slavic Village South neighborhood is English, spoken by 86.7% of households. Other important languages spoken here include Spanish and Italian.

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 Broadway Slavic Village South neighborhood in Cleveland, OH, residents most commonly identify their ethnicity or ancestry as Polish (19.5%). There are also a number of people of Puerto Rican ancestry (9.9%), and residents who report German roots (4.6%), and some of the residents are also of Mexican ancestry (4.1%), along with some Croatian ancestry residents (2.5%), 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 Broadway Slavic Village South neighborhood spend between 30 and 45 minutes commuting one-way to work (47.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (50.3%) 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 (39.7%) and 6.0% of residents also hop out the door and walk to work 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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