Park Fletcher / Mars Hill median real estate price is $104,118, which is less expensive than 89.1% of Indiana neighborhoods and 93.9% of all U.S. neighborhoods.
The average rental price in Park Fletcher / Mars Hill is currently $1,524, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.2% of Indiana neighborhoods.
Park Fletcher / Mars Hill is a suburban neighborhood (based on population density) located in Indianapolis, Indiana.
Park Fletcher / Mars Hill real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Park Fletcher / Mars Hill neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in Park Fletcher / Mars Hill are 5.2%, which is lower than one will find in 65.3% of American neighborhoods. Demand for real estate in Park Fletcher / Mars Hill 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.
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.
NeighborhoodScout's exclusive research identifies the Park Fletcher / Mars Hill 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 45.0% of its working residents employed in such fields, which is a higher proportion than 97.2% of American neighborhoods.
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 Park Fletcher / Mars Hill 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 80.1% of U.S. neighborhoods. In addition, 10.3% 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 50.1% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Park Fletcher / Mars Hill neighborhood, 45.0% 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 19.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.9%), and 16.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Park Fletcher / Mars Hill neighborhood is English, spoken by 89.8% of households. Some people also speak Spanish (10.2%).
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 Park Fletcher / Mars Hill neighborhood in Indianapolis, IN, residents most commonly identify their ethnicity or ancestry as Mexican (17.1%). There are also a number of people of Irish ancestry (11.2%), and residents who report German roots (11.1%), and some of the residents are also of English ancestry (4.3%), along with some Italian ancestry residents (3.4%), 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 Park Fletcher / Mars Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (48.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (86.7%) 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 (7.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.