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Real Estate Prices & Overview

Montrose Ghent / Bath median real estate price is $722,968, which is more expensive than 98.6% of the neighborhoods in Ohio and 84.4% of the neighborhoods in the U.S.

The average rental price in Montrose Ghent / Bath is currently $2,283, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.6% of the neighborhoods in Ohio.

Montrose Ghent / Bath is a suburban neighborhood (based on population density) located in Akron, Ohio.

Montrose Ghent / Bath real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Montrose Ghent / Bath neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Montrose Ghent / Bath are 5.8%, which is lower than one will find in 62.8% of American neighborhoods. Demand for real estate in Montrose Ghent / Bath 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.

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 Akron, the Montrose Ghent / Bath neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

A majority of the adults in the Montrose Ghent / Bath neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Ohio by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.9% of the neighborhoods in Ohio. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates and families with school-aged children.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.6% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Montrose Ghent / Bath neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.6% of America's neighborhoods are wealthier than the Montrose Ghent / Bath neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Finally, the rate of college educated adults in the Montrose Ghent / Bath neighborhood is a unique characteristic of the neighborhood. 74.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.9% of all U.S. neighborhoods.

Real Estate

One way that the Montrose Ghent / Bath neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.2% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

In addition, the Montrose Ghent / Bath neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.3% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.4% of all neighborhoods in America.

Furthermore, owner-occupied real estate dominates the Montrose Ghent / Bath neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.1% of neighborhoods in America.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Montrose Ghent / Bath neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.1% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.5% of all neighborhoods in America.

Diversity

Did you know that the Montrose Ghent / Bath neighborhood has more Welsh and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Welsh ancestry and 1.4% have Lebanese 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 Montrose Ghent / Bath neighborhood in Akron are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.4% of the neighborhoods in America. In addition, 4.7% 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 66.1% 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 Montrose Ghent / Bath neighborhood, 63.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.6%), and 6.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Montrose Ghent / Bath neighborhood is English, spoken by 94.7% of households. Some people also speak Spanish (2.4%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Montrose Ghent / Bath neighborhood in Akron, OH, residents most commonly identify their ethnicity or ancestry as German (37.4%). There are also a number of people of Irish ancestry (24.7%), and residents who report English roots (18.9%), and some of the residents are also of Polish ancestry (6.9%), along with some Italian ancestry residents (6.5%), 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 Montrose Ghent / Bath neighborhood spend between 15 and 30 minutes commuting one-way to work (33.1% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (10.1%) who commute over an hour in each direction.

Here most residents (73.9%) 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 (6.5%) . 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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