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Real Estate Prices & Overview

Rabbitville / Tarry Park median real estate price is $185,477, which is more expensive than 35.2% of the neighborhoods in Indiana and 18.3% of the neighborhoods in the U.S.

The average rental price in Rabbitville / Tarry Park is currently $1,625, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.1% of the neighborhoods in Indiana.

Rabbitville / Tarry Park is a rural neighborhood (based on population density) located in Mitchell, Indiana.

Rabbitville / Tarry Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Rabbitville / Tarry Park 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.

In Rabbitville / Tarry Park, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.9% of all neighborhoods in the U.S. This means that the housing supply in Rabbitville / Tarry Park is very tight compared to the demand for property here.

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.

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 Rabbitville / Tarry Park neighborhood in Mitchell are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.7% of U.S. neighborhoods. With 22.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.9% of U.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 Rabbitville / Tarry Park neighborhood, 39.3% 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 29.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.4%), and 11.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Rabbitville / Tarry Park neighborhood is English, spoken by 94.1% of households. Some people also speak Polish (3.3%).

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 Rabbitville / Tarry Park neighborhood in Mitchell, IN, residents most commonly identify their ethnicity or ancestry as German (14.0%). There are also a number of people of English ancestry (11.9%), and residents who report Irish roots (6.1%), and some of the residents are also of Asian ancestry (4.8%), along with some Hungarian ancestry residents (1.3%), 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 Rabbitville / Tarry Park neighborhood spend under 15 minutes commuting one-way to work (39.3% of working residents), one of the shortest commutes across America.

Here most residents (75.0%) 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 (17.6%) . 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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