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Real Estate Prices & Overview

Shady Lane median real estate price is $129,534, which is less expensive than 78.4% of Ohio neighborhoods and 90.2% of all U.S. neighborhoods.

The average rental price in Shady Lane is currently $1,637, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.6% of the neighborhoods in Ohio.

Shady Lane is a suburban neighborhood (based on population density) located in Columbus, Ohio.

Shady Lane 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 occupied by a mixture of owners and renters. Many of the residences in the Shady Lane neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Shady Lane, the current vacancy rate is 0.8%, which is a lower rate of vacancies than 91.8% of all neighborhoods in the U.S. This means that the housing supply in Shady Lane is very tight compared to the demand for property here.

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 Columbus, the Shady Lane neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Shady Lane has the amazing distinction of housing more same sex couples living together than 98.6% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Diversity

Did you know that the Shady Lane neighborhood has more African and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.9% of this neighborhood's residents have African ancestry and 2.5% have Haitian ancestry.

Shady Lane is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 95.1% of the neighborhoods in America.

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 Shady Lane neighborhood in Columbus are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.7% of U.S. neighborhoods. With 31.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.1% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Shady Lane neighborhood, 29.6% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.0%), and 17.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the Shady Lane neighborhood is English, spoken by 90.4% of households. Some people also speak Spanish (2.0%).

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 Shady Lane neighborhood in Columbus, OH, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (11.1%). There are also a number of people of African ancestry (8.9%), and residents who report German roots (7.9%), and some of the residents are also of Mexican ancestry (6.2%), along with some English ancestry residents (5.5%), among others. In addition, 11.4% of the residents of this neighborhood were born in another country.

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 Shady Lane neighborhood spend between 15 and 30 minutes commuting one-way to work (39.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.9%) drive alone in a private automobile to get to work. 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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