Shelbyville Rd / Greyridge Blvd median real estate price is $550,884, which is more expensive than 90.6% of the neighborhoods in Indiana and 64.3% of the neighborhoods in the U.S.
The average rental price in Shelbyville Rd / Greyridge Blvd is currently $1,829, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.8% of the neighborhoods in Indiana.
Shelbyville Rd / Greyridge Blvd is a suburban neighborhood (based on population density) located in Indianapolis, Indiana.
Shelbyville Rd / Greyridge Blvd 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 Shelbyville Rd / Greyridge Blvd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Shelbyville Rd / Greyridge Blvd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Shelbyville Rd / Greyridge Blvd is very tight compared to the demand for property here.
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 Indianapolis, the Shelbyville Rd / Greyridge Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Shelbyville Rd / Greyridge Blvd neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Of note is NeighborhoodScout's research finding that the Shelbyville Rd / Greyridge Blvd neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Shelbyville Rd / Greyridge Blvd community truly stands out from the rest in this regard.
In addition, shelbyville Rd / Greyridge Blvd has the amazing distinction of housing more same sex couples living together than 98.5% 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.
Also, the Shelbyville Rd / Greyridge Blvd neighborhood stands out within Indiana for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.9% of college-friendly places to live in IN. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives.
Did you know that the Shelbyville Rd / Greyridge Blvd neighborhood has more English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.2% of this neighborhood's residents have English ancestry.
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 Shelbyville Rd / Greyridge Blvd neighborhood in Indianapolis are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.3% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Shelbyville Rd / Greyridge Blvd neighborhood, 48.9% 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 20.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.1%), and 14.1% in manufacturing and laborer occupations.
The most common language spoken in the Shelbyville Rd / Greyridge Blvd neighborhood is English, spoken by 99.0% of households.
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 Shelbyville Rd / Greyridge Blvd neighborhood in Indianapolis, IN, residents most commonly identify their ethnicity or ancestry as German (24.2%). There are also a number of people of English ancestry (24.2%), and residents who report Irish roots (16.8%), and some of the residents are also of Polish ancestry (5.6%), along with some French ancestry residents (4.4%), among others.
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 Shelbyville Rd / Greyridge Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (45.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.9%) 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.