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Real Estate Prices & Overview

Braytown / Five Points median real estate price is $183,327, which is more expensive than 38.5% of the neighborhoods in Indiana and 19.4% of the neighborhoods in the U.S.

The average rental price in Braytown / Five Points is currently $957, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.2% of Indiana neighborhoods.

Braytown / Five Points is a remote neighborhood (based on population density) located in Vevay, Indiana.

Braytown / Five Points 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 Braytown / Five Points neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Braytown / Five Points has a 11.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.7% 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 Vevay, the Braytown / Five Points neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Divorcees may find friendship and understanding in this neighborhood, as 25.2% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.1% of the neighborhoods in America.

Diversity

Did you know that the Braytown / Five Points neighborhood has more British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have British 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 Braytown / Five Points neighborhood in Vevay are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.7% of U.S. neighborhoods. With 18.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.5% 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 Braytown / Five Points neighborhood, 29.8% 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 28.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.6%), and 16.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Braytown / Five Points neighborhood is English, spoken by 96.7% of households. Some people also speak Spanish (2.8%).

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 Braytown / Five Points neighborhood in Vevay, IN, residents most commonly identify their ethnicity or ancestry as German (23.5%). There are also a number of people of Irish ancestry (10.4%), and residents who report English roots (8.3%), and some of the residents are also of Scottish ancestry (3.1%), along with some Mexican ancestry residents (2.8%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Braytown / Five Points neighborhood spend between 15 and 30 minutes commuting one-way to work (31.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.5%) 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 (11.8%) . 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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