Edgewood Lake / DePauw University median real estate price is $191,880, which is more expensive than 36.7% of the neighborhoods in Indiana and 20.0% of the neighborhoods in the U.S.
The average rental price in Edgewood Lake / DePauw University is currently $1,439, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.6% of Indiana neighborhoods.
Edgewood Lake / DePauw University is a rural neighborhood (based on population density) located in Greencastle, Indiana.
Edgewood Lake / DePauw 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 occupied by a mixture of owners and renters. Many of the residences in the Edgewood Lake / DePauw 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.
Real estate vacancies in Edgewood Lake / DePauw University are 4.8%, which is lower than one will find in 68.1% of American neighborhoods. Demand for real estate in Edgewood Lake / DePauw University 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.
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 Greencastle, the Edgewood Lake / DePauw University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's analysis shows that the Edgewood Lake / DePauw University neighborhood has a greater concentration of residents currently enrolled in college than 98.0% of the neighborhoods in the U.S. With 22.5% of the population here attending college, this is very much a college-focused neighborhood.
In addition, there is an especially high percentage of incarcerated people (1.3%) living in the Edgewood Lake / DePauw University neighborhood.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Edgewood Lake / DePauw University neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Edgewood Lake / DePauw University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
In the Edgewood Lake / DePauw 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 11.9% of residents here. This is a higher proportion of walking commuters than we found in 95.9% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Did you know that the Edgewood Lake / DePauw University neighborhood has more Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Brazilian ancestry.
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 Edgewood Lake / DePauw University neighborhood in Greencastle are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.7% of the neighborhoods in America. In addition, 10.3% 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 50.0% 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 Edgewood Lake / DePauw University neighborhood, 35.2% 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 30.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.1%), and 14.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the Edgewood Lake / DePauw University neighborhood is English, spoken by 94.5% of households.
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 Edgewood Lake / DePauw University neighborhood in Greencastle, IN, residents most commonly identify their ethnicity or ancestry as German (13.1%). There are also a number of people of English ancestry (7.2%), and residents who report Irish roots (5.4%), and some of the residents are also of Asian ancestry (4.5%), along with some Mexican ancestry residents (3.1%), among others.
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 Edgewood Lake / DePauw University neighborhood spend under 15 minutes commuting one-way to work (62.6% of working residents), one of the shortest commutes across America.
Here most residents (65.5%) 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 (11.9%) and 9.8% 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.