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Real Estate Prices & Overview

Overlook Rd / Edgehill Rd median real estate price is $301,276, which is more expensive than 68.3% of the neighborhoods in Ohio and 39.4% of the neighborhoods in the U.S.

The average rental price in Overlook Rd / Edgehill Rd is currently $1,586, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.3% of the neighborhoods in Ohio.

Overlook Rd / Edgehill Rd is an urban neighborhood (based on population density) located in Cleveland Heights, Ohio.

Overlook Rd / Edgehill Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Overlook Rd / Edgehill Rd neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Overlook Rd / Edgehill Rd has a 14.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.5% 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

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.1% of residents in the Overlook Rd / Edgehill Rd neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, more people in Overlook Rd / Edgehill Rd choose to walk to work each day (17.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 60.8%. This is a higher percent living alone than we found in 98.9% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 43.3% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 98.0% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Also, one of the really interesting characteristics about the Overlook Rd / Edgehill Rd neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.0% of college-friendly places to live in the state of Ohio. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for young, single professionals.

Occupations

Executives, managers and professionals make up 73.6% of the workforce in the Overlook Rd / Edgehill Rd neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Real Estate

If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 56.2% of the residential real estate in the Overlook Rd / Edgehill Rd neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.5% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Overlook Rd / Edgehill Rd neighborhood has more Eastern European and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Eastern European ancestry and 1.4% have Finnish ancestry.

Overlook Rd / Edgehill Rd is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Overlook Rd / Edgehill Rd neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Overlook Rd / Edgehill Rd neighborhood in Cleveland Heights are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.3% of U.S. neighborhoods. With 14.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.6% 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 Overlook Rd / Edgehill Rd neighborhood, 73.6% 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 11.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.9%), and 4.5% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Overlook Rd / Edgehill Rd neighborhood is English, spoken by 68.3% of households. Other important languages spoken here include Chinese, Langs. of India, Spanish and German/Yiddish.

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 Overlook Rd / Edgehill Rd neighborhood in Cleveland Heights, OH, residents most commonly identify their ethnicity or ancestry as Asian (18.2%). There are also a number of people of Irish ancestry (14.6%), and residents who report German roots (10.5%), and some of the residents are also of Italian ancestry (10.0%), along with some English ancestry residents (8.1%), among others. In addition, 26.4% of the residents of this neighborhood were born in another country.

Getting to Work

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 Overlook Rd / Edgehill Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (52.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (52.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (17.8%) and 8.1% of residents also bicycle for their daily commute. 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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Crime includes:
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