Lane Wooster East median real estate price is $64,130, which is less expensive than 95.9% of Ohio neighborhoods and 98.4% of all U.S. neighborhoods.
The average rental price in Lane Wooster East is currently $1,332, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.7% of Ohio neighborhoods.
Lane Wooster East is a suburban neighborhood (based on population density) located in Akron, Ohio.
Lane Wooster East 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 Lane Wooster East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 2000 and the present.
Lane Wooster East has a 15.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.9% 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.
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.
Astoundingly, the Lane Wooster East neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.7% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Akron neighborhood.
American households most often have a car, and regularly they have two or three. But households in the Lane Wooster East neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 35.4% of the households here have four, five, or more cars. That is more cars per household than in 96.3% of the neighborhoods in the nation.
Did you know that the Lane Wooster East neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.3% of this neighborhood's residents have African ancestry and 18.3% have Sub-Saharan African ancestry.
Lane Wooster East is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Lane Wooster East neighborhood in Akron are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.6% of U.S. neighborhoods. With 28.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.7% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Lane Wooster East neighborhood, 52.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.0%), and 7.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Lane Wooster East neighborhood is English, spoken by 96.8% of households. Some people also speak Korean (2.9%).
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 Lane Wooster East neighborhood in Akron, OH, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.3%). There are also a number of people of African ancestry (18.3%), and residents who report Arab roots (3.3%), and some of the residents are also of Asian ancestry (2.7%), along with some Mexican ancestry residents (2.5%), among others.
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 Lane Wooster East neighborhood spend between 45 minutes and one hour commuting one-way to work (32.7% of working residents), longer and tougher than most commutes in America.
Here most residents (82.5%) 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 (15.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.