Linden Wood median real estate price is $290,892, which is more expensive than 68.8% of the neighborhoods in Indiana and 38.1% of the neighborhoods in the U.S.
The average rental price in Linden Wood is currently $1,593, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.1% of the neighborhoods in Indiana.
Linden Wood is a suburban neighborhood (based on population density) located in Indianapolis, Indiana.
Linden Wood real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Linden Wood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Linden Wood, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 87.2% of all neighborhoods in the U.S. This means that the housing supply in Linden Wood is very tight compared to the demand for property here.
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.
Did you know that the Linden Wood neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.8% of this neighborhood's residents have Asian ancestry.
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 Linden Wood neighborhood in Indianapolis are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.9% of U.S. neighborhoods. In addition, 5.1% 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 64.2% 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 Linden Wood neighborhood, 33.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.8%), and 12.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Linden Wood neighborhood is English, spoken by 69.8% of households. Some people also speak Spanish (6.6%).
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 Linden Wood neighborhood in Indianapolis, IN, residents most commonly identify their ethnicity or ancestry as Asian (28.8%). There are also a number of people of German ancestry (18.0%), and residents who report English roots (8.2%), and some of the residents are also of Irish ancestry (6.8%), along with some Mexican ancestry residents (3.9%), among others. In addition, 16.2% of the residents of this neighborhood were born in another country.
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 Linden Wood neighborhood spend between 15 and 30 minutes commuting one-way to work (50.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.2%) 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 (10.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.