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Real Estate Prices & Overview

South Ave / Lake Park Rd median real estate price is $109,301, which is less expensive than 86.6% of Ohio neighborhoods and 94.0% of all U.S. neighborhoods.

The average rental price in South Ave / Lake Park Rd is currently $1,130, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.2% of Ohio neighborhoods.

South Ave / Lake Park Rd is a suburban neighborhood (based on population density) located in Youngstown, Ohio.

South Ave / Lake Park Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the South Ave / Lake Park 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 South Ave / Lake Park Rd are 5.0%, which is lower than one will find in 66.6% of American neighborhoods. Demand for real estate in South Ave / Lake Park 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 Youngstown, the South Ave / Lake Park Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the South Ave / Lake Park Rd neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Diversity

Did you know that the South Ave / Lake Park Rd neighborhood has more Slovak and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.8% of this neighborhood's residents have Slovak ancestry and 4.2% have Hungarian ancestry.

South Ave / Lake Park Rd is also pretty special linguistically. Significantly, 23.5% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 99.9% 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 South Ave / Lake Park Rd neighborhood in Youngstown are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.3% 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the South Ave / Lake Park Rd neighborhood, 33.8% 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 clerical, assistant, and tech support occupations, with 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.2%), and 16.3% in executive, management, and professional 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 South Ave / Lake Park Rd neighborhood is English, spoken by 88.1% of households. Other important languages spoken here include Italian, Polish and Spanish.

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 South Ave / Lake Park Rd neighborhood in Youngstown, OH, residents most commonly identify their ethnicity or ancestry as German (23.3%). There are also a number of people of Irish ancestry (19.3%), and residents who report Italian roots (15.6%), and some of the residents are also of Polish ancestry (6.8%), along with some Asian ancestry residents (6.4%), among others. In addition, 10.8% of the residents of this neighborhood were born in another country.

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 South Ave / Lake Park Rd neighborhood spend under 15 minutes commuting one-way to work (44.6% of working residents), one of the shortest commutes across America.

Here most residents (87.4%) 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 (7.6%) . 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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