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Real Estate Prices & Overview

Willoughby Hills Northwest median real estate price is $315,938, which is more expensive than 73.5% of the neighborhoods in Ohio and 42.6% of the neighborhoods in the U.S.

The average rental price in Willoughby Hills Northwest is currently $1,845, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.1% of the neighborhoods in Ohio.

Willoughby Hills Northwest is a densely urban neighborhood (based on population density) located in Willoughby Hills, Ohio.

Willoughby Hills Northwest 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 small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Willoughby Hills Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Willoughby Hills Northwest are 4.5%, which is lower than one will find in 70.2% of American neighborhoods. Demand for real estate in Willoughby Hills Northwest 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 Willoughby Hills, the Willoughby Hills Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

100.0% of the real estate in the Willoughby Hills Northwest neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, one of the really unique and interesting things about the look and setting of the Willoughby Hills Northwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 95.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.1% of all neighborhoods in America.

Furthermore, the Willoughby Hills Northwest neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Willoughby Hills Northwest 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, 85.9% of the residential real estate here was built in this one time period.

People

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: 58.7%. This is a higher percent living alone than we found in 98.6% 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.

Diversity

Did you know that the Willoughby Hills Northwest neighborhood has more African and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.0% of this neighborhood's residents have African ancestry and 9.1% have Puerto Rican ancestry.

Willoughby Hills Northwest is also pretty special linguistically. Significantly, 6.0% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 98.0% of the neighborhoods in America.

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 Willoughby Hills Northwest neighborhood in Willoughby Hills are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.2% of U.S. neighborhoods. In addition, 7.0% 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 58.7% of America'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 Willoughby Hills Northwest neighborhood, 43.5% 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 22.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.9%), and 12.8% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Willoughby Hills Northwest neighborhood is English, spoken by 84.6% of households. Some people also speak Langs. of India (6.0%).

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 Willoughby Hills Northwest neighborhood in Willoughby Hills, OH, residents most commonly identify their ethnicity or ancestry as Asian (18.3%). There are also a number of people of Polish ancestry (10.2%), and residents who report Sub-Saharan African roots (10.0%), and some of the residents are also of African ancestry (10.0%), along with some Italian ancestry residents (9.5%), among others. In addition, 21.9% of the residents of this neighborhood were born in another country.

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 Willoughby Hills Northwest neighborhood spend between 15 and 30 minutes commuting one-way to work (79.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.7%) 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 (8.8%) . 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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