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Real Estate Prices & Overview

Presidents median real estate price is $106,072, which is less expensive than 90.8% of Indiana neighborhoods and 94.6% of all U.S. neighborhoods.

The average rental price in Presidents is currently $1,611, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.7% of the neighborhoods in Indiana.

Presidents is an urban neighborhood (based on population density) located in Evansville, Indiana.

Presidents real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes 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 Presidents neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Presidents has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.3% 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

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 Presidents neighborhood in Evansville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.7% of U.S. neighborhoods. With 41.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.8% 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 Presidents neighborhood, 30.0% 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 24.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.0%), and 21.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Presidents neighborhood is English, spoken by 97.8% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Presidents neighborhood in Evansville, IN, residents most commonly identify their ethnicity or ancestry as English (15.2%). There are also a number of people of German ancestry (12.4%), and residents who report Irish roots (8.2%), and some of the residents are also of Puerto Rican ancestry (2.8%), along with some Mexican ancestry residents (2.2%), 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 Presidents neighborhood spend between 15 and 30 minutes commuting one-way to work (53.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.7%) 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 (10.2%) . 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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