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Real Estate Prices & Overview

Merion Village South median real estate price is $351,309, which is more expensive than 76.7% of the neighborhoods in Ohio and 46.9% of the neighborhoods in the U.S.

The average rental price in Merion Village South is currently $1,836, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.2% of the neighborhoods in Ohio.

Merion Village South is an urban neighborhood (based on population density) located in Columbus, Ohio.

Merion Village South 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 Merion Village South 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.

Merion Village South has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.7% 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 Columbus, the Merion Village South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Merion Village South neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 4.5% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.8% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Merion Village South neighborhood should definitely be on your list of places to consider.

Real Estate

Do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Merion Village South neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 82.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.8% of the neighborhoods in the United States.

Diversity

Did you know that the Merion Village South neighborhood has more Hungarian and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Hungarian ancestry and 24.2% have Irish ancestry.

The Neighbors

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 Merion Village South neighborhood in Columbus are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.1% 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 Merion Village South neighborhood, 64.6% 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 17.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.1%), and 7.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Merion Village South neighborhood is English, spoken by 92.4% of households. Some people also speak Spanish (6.2%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Merion Village South neighborhood in Columbus, OH, residents most commonly identify their ethnicity or ancestry as German (31.7%). There are also a number of people of Irish ancestry (24.2%), and residents who report English roots (17.6%), and some of the residents are also of Mexican ancestry (9.7%), along with some Polish ancestry residents (6.3%), among others.

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 Merion Village South neighborhood spend between 15 and 30 minutes commuting one-way to work (46.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (56.0%) 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 (9.1%) and 5.6% of residents also ride the bus 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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