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Real Estate Prices & Overview

East Haven median real estate price is $99,705, which is less expensive than 91.6% of Indiana neighborhoods and 95.1% of all U.S. neighborhoods.

The average rental price in East Haven is currently $1,158, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.4% of Indiana neighborhoods.

East Haven is a rural neighborhood (based on population density) located in Richmond, Indiana.

East Haven real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the East Haven neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

East Haven has a 10.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.1% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

One of the unique characteristics of the East Haven neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.9% 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 East Haven neighborhood in Richmond are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.9% of U.S. neighborhoods. With 31.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.3% of U.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 East Haven neighborhood, 27.9% 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 27.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.8%), and 21.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the East Haven neighborhood is English, spoken by 97.9% of households. Some people also speak Italian (2.4%).

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 East Haven neighborhood in Richmond, IN, residents most commonly identify their ethnicity or ancestry as German (23.1%). There are also a number of people of Irish ancestry (9.3%), and residents who report English roots (8.4%), and some of the residents are also of Italian ancestry (3.7%), along with some Mexican ancestry residents (2.1%), 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 East Haven neighborhood spend under 15 minutes commuting one-way to work (46.0% of working residents), one of the shortest commutes across America.

Here most residents (81.9%) 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 (12.3%) . 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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