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Real Estate Prices & Overview

Olind Skinner Park median real estate price is $227,300, which is more expensive than 49.2% of the neighborhoods in Indiana and 26.5% of the neighborhoods in the U.S.

The average rental price in Olind Skinner Park is currently $2,145, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.2% of the neighborhoods in Indiana.

Olind Skinner Park is a suburban neighborhood (based on population density) located in Merrillville, Indiana.

Olind Skinner Park 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 owner occupied. Many of the residences in the Olind Skinner Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Olind Skinner Park has a 10.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.0% 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

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 Merrillville, the Olind Skinner Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Astoundingly, the Olind Skinner Park neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.1% 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 Merrillville neighborhood.

Modes of Transportation

While most Americans do drive to work alone each day, the Olind Skinner Park neighborhood stands out by having 92.9% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.7% of all American neighborhoods.

Diversity

Did you know that the Olind Skinner Park neighborhood has more Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Slovak 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 Olind Skinner Park neighborhood in Merrillville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.7% of U.S. neighborhoods. With 34.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.3% 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 Olind Skinner Park neighborhood, 34.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.5%), and 14.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Olind Skinner Park neighborhood is English, spoken by 83.0% of households. Some people also speak Spanish (16.0%).

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 Olind Skinner Park neighborhood in Merrillville, IN, residents most commonly identify their ethnicity or ancestry as Mexican (17.5%). There are also a number of people of German ancestry (11.5%), and residents who report Irish roots (8.6%), and some of the residents are also of Italian ancestry (5.6%), along with some Polish ancestry residents (5.2%), among others. In addition, 11.5% 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 Olind Skinner Park neighborhood spend between 15 and 30 minutes commuting one-way to work (38.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (92.9%) 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 (5.7%) . 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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