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Real Estate Prices & Overview

Hume / Oakview median real estate price is $333,502, which is more expensive than 76.7% of the neighborhoods in Ohio and 45.5% of the neighborhoods in the U.S.

The average rental price in Hume / Oakview is currently $1,542, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.9% of the neighborhoods in Ohio.

Hume / Oakview is a rural neighborhood (based on population density) located in Lima, Ohio.

Hume / Oakview real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Hume / Oakview 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 Hume / Oakview are 4.6%, which is lower than one will find in 69.4% of American neighborhoods. Demand for real estate in Hume / Oakview 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.

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.

Modes of Transportation

While most Americans do drive to work alone each day, the Hume / Oakview neighborhood stands out by having 89.6% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 95.8% of all American neighborhoods.

People

If you're looking for a great spot to raise a family, then look no further than the Hume / Oakview neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 12.3% of family-friendly neighborhoods across the state of Ohio. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for active retirees.

Diversity

Did you know that the Hume / Oakview neighborhood has more Lebanese and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Lebanese ancestry and 35.0% have German ancestry.

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 Hume / Oakview neighborhood in Lima are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.9% of the neighborhoods in America. In addition, 1.0% 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 78.8% 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 Hume / Oakview neighborhood, 40.7% 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 26.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.1%), and 15.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Hume / Oakview neighborhood is English, spoken by 95.0% of households. Some people also speak Italian (4.1%).

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 Hume / Oakview neighborhood in Lima, OH, residents most commonly identify their ethnicity or ancestry as German (35.0%). There are also a number of people of Irish ancestry (9.3%), and residents who report English roots (8.1%), and some of the residents are also of Sub-Saharan African ancestry (5.5%), along with some Italian ancestry residents (4.2%), 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 Hume / Oakview neighborhood spend between 15 and 30 minutes commuting one-way to work (45.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (89.6%) 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 (7.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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