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Real Estate Prices & Overview

Belmont Meadows / Kenwood Heights median real estate price is $121,464, which is less expensive than 83.2% of Ohio neighborhoods and 92.2% of all U.S. neighborhoods.

The average rental price in Belmont Meadows / Kenwood Heights is currently $1,404, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.4% of Ohio neighborhoods.

Belmont Meadows / Kenwood Heights is a suburban neighborhood (based on population density) located in Springfield, Ohio.

Belmont Meadows / Kenwood Heights real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Belmont Meadows / Kenwood Heights neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Belmont Meadows / Kenwood Heights has a 15.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.0% 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

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.

Modes of Transportation

In the Belmont Meadows / Kenwood Heights neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.4% of commuters carpool here, which is more than in 96.7% of all U.S. neighborhoods.

Diversity

Did you know that the Belmont Meadows / Kenwood Heights neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Eastern European 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 Belmont Meadows / Kenwood Heights neighborhood in Springfield are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.3% of U.S. neighborhoods. With 38.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.1% of U.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 Belmont Meadows / Kenwood Heights neighborhood, 41.1% 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 30.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.6%), and 11.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Belmont Meadows / Kenwood Heights neighborhood is English, spoken by 94.2% of households. Some people also speak Spanish (4.1%).

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 Belmont Meadows / Kenwood Heights neighborhood in Springfield, OH, residents most commonly identify their ethnicity or ancestry as German (14.3%). There are also a number of people of Irish ancestry (9.5%), and residents who report English roots (6.0%), and some of the residents are also of Mexican ancestry (3.7%), along with some Eastern European ancestry residents (3.3%), 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 Belmont Meadows / Kenwood Heights neighborhood spend under 15 minutes commuting one-way to work (36.5% of working residents), one of the shortest commutes across America.

Here most residents (71.1%) 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 (24.4%) . 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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