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Real Estate Prices & Overview

Veterans Park median real estate price is $127,343, which is less expensive than 81.6% of Ohio neighborhoods and 91.3% of all U.S. neighborhoods.

The average rental price in Veterans Park is currently $1,394, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.8% of Ohio neighborhoods.

Veterans Park is an urban neighborhood (based on population density) located in Hamilton, Ohio.

Veterans Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Veterans Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Veterans Park are 3.8%, which is lower than one will find in 74.9% of American neighborhoods. Demand for real estate in Veterans Park 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

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.

People

Astoundingly, the Veterans Park neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 96.6% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Hamilton neighborhood.

Diversity

Did you know that the Veterans Park neighborhood has more Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.3% of this neighborhood's residents have Irish ancestry.

The Neighbors

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 Veterans Park neighborhood in Hamilton are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.6% of U.S. neighborhoods. With 20.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.5% 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 Veterans Park neighborhood, 33.8% of the working population is employed in manufacturing and laborer 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 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.4%), and 17.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the Veterans Park neighborhood is English, spoken by 98.7% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Veterans Park neighborhood in Hamilton, OH, residents most commonly identify their ethnicity or ancestry as German (30.9%). There are also a number of people of Irish ancestry (25.3%), and residents who report English roots (9.6%), and some of the residents are also of Italian ancestry (3.0%), along with some Mexican ancestry residents (2.4%), 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 Veterans Park neighborhood spend between 15 and 30 minutes commuting one-way to work (38.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.4%) 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 (9.5%) . 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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