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Real Estate Prices & Overview

Mercedes Cotner Park median real estate price is $103,757, which is less expensive than 88.4% of Ohio neighborhoods and 94.8% of all U.S. neighborhoods.

The average rental price in Mercedes Cotner Park is currently $1,481, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.3% of Ohio neighborhoods.

Mercedes Cotner Park is an urban neighborhood (based on population density) located in Cleveland, Ohio.

Mercedes Cotner Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Mercedes Cotner Park 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 1940 and 1969.

Mercedes Cotner Park has a 15.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.6% 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

The Mercedes Cotner Park neighborhood has a greater percentage of children living in poverty (74.1%) than found in 98.9% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, the Mercedes Cotner Park neighborhood is unique for having just 2.6% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.5% of America's neighborhoods.

Also, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Mercedes Cotner Park neighborhood has more single mother households than 97.1% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Mercedes Cotner Park neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 35.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.1% of America's neighborhoods.

In addition, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Mercedes Cotner Park neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 68.1% of the residential real estate in the Mercedes Cotner Park neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

Our research reveals that 89.2% of commuters who live in the Mercedes Cotner Park neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 95.3% of U.S. neighborhoods.

Occupations

NeighborhoodScout's exclusive research identifies the Mercedes Cotner Park neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 41.9% of its working residents employed in such fields, which is a higher proportion than 95.3% of American neighborhoods.

Diversity

Did you know that the Mercedes Cotner Park neighborhood has more Puerto Rican and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 38.8% of this neighborhood's residents have Puerto Rican ancestry and 5.7% have Cuban ancestry.

Mercedes Cotner Park is also pretty special linguistically. Significantly, 3.4% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.8% 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 Mercedes Cotner Park neighborhood in Cleveland are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.8% of U.S. neighborhoods. With 74.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% 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 Mercedes Cotner Park neighborhood, 41.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 33.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.4%), and 9.2% 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 Mercedes Cotner Park neighborhood is Spanish, spoken by 51.2% of households. Other important languages spoken here include English, Italian, Polish and Greek.

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 Mercedes Cotner Park neighborhood in Cleveland, OH, residents most commonly identify their ethnicity or ancestry as Puerto Rican (38.8%). There are also a number of people of German ancestry (8.4%), and residents who report Cuban roots (5.7%), and some of the residents are also of Arab ancestry (5.2%), along with some English ancestry residents (4.0%), among others. In addition, 18.0% 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 Mercedes Cotner Park neighborhood spend between 15 and 30 minutes commuting one-way to work (59.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (89.2%) 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 (5.4%) . 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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