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Real Estate Prices & Overview

E Lloyd Expy / Cross Pointe Blvd median real estate price is $232,988, which is more expensive than 57.0% of the neighborhoods in Indiana and 29.6% of the neighborhoods in the U.S.

The average rental price in E Lloyd Expy / Cross Pointe Blvd is currently $1,588, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.5% of the neighborhoods in Indiana.

E Lloyd Expy / Cross Pointe Blvd is a rural neighborhood (based on population density) located in Evansville, Indiana.

E Lloyd Expy / Cross Pointe Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the E Lloyd Expy / Cross Pointe Blvd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

E Lloyd Expy / Cross Pointe Blvd has a 14.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.8% 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

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 Evansville, the E Lloyd Expy / Cross Pointe Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Renter-occupied real estate is dominant in the E Lloyd Expy / Cross Pointe Blvd neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.2%, which is higher than 98.8% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, the E Lloyd Expy / Cross Pointe Blvd neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 90.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, the real estate in the E Lloyd Expy / Cross Pointe Blvd neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 77.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.3% of American neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The E Lloyd Expy / Cross Pointe Blvd neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the E Lloyd Expy / Cross Pointe Blvd neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 66.4% 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 97.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

One of the most interesting things about the E Lloyd Expy / Cross Pointe Blvd neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 53.9% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.4% of the neighborhoods in America.

Modes of Transportation

In the E Lloyd Expy / Cross Pointe Blvd 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 14.3% of residents here. This is a higher proportion of walking commuters than we found in 96.9% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the E Lloyd Expy / Cross Pointe Blvd neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 E Lloyd Expy / Cross Pointe Blvd neighborhood in Evansville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.4% of U.S. neighborhoods. With 36.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.8% 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 E Lloyd Expy / Cross Pointe Blvd neighborhood, 36.2% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.2%), and 17.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the E Lloyd Expy / Cross Pointe Blvd neighborhood is English, spoken by 95.5% of households. Some people also speak Spanish (2.7%).

Ethnicity / Ancestry

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 E Lloyd Expy / Cross Pointe Blvd neighborhood in Evansville, IN, residents most commonly identify their ethnicity or ancestry as German (24.6%). There are also a number of people of English ancestry (16.8%), and residents who report Irish roots (10.6%), and some of the residents are also of Mexican ancestry (4.5%), along with some Asian ancestry residents (2.5%), 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 E Lloyd Expy / Cross Pointe Blvd neighborhood spend under 15 minutes commuting one-way to work (66.4% of working residents), one of the shortest commutes across America.

Here most residents (76.1%) 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 (14.3%) . 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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