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Real Estate Prices & Overview

Neil Armstrong Way / Franklin Rd median real estate price is $273,369, which is more expensive than 60.9% of the neighborhoods in Ohio and 34.4% of the neighborhoods in the U.S.

The average rental price in Neil Armstrong Way / Franklin Rd is currently $1,712, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.7% of the neighborhoods in Ohio.

Neil Armstrong Way / Franklin Rd is a suburban neighborhood (based on population density) located in Lebanon, Ohio.

Neil Armstrong Way / Franklin Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Neil Armstrong Way / Franklin Rd 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.

Home and apartment vacancy rates are 6.2% in Neil Armstrong Way / Franklin Rd. NeighborhoodScout analysis shows that this rate is lower than 58.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Diversity

Did you know that the Neil Armstrong Way / Franklin Rd neighborhood has more Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Belgian 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 Neil Armstrong Way / Franklin Rd neighborhood in Lebanon are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.4% of U.S. neighborhoods. With 15.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.6% 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 Neil Armstrong Way / Franklin Rd neighborhood, 28.1% 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 28.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.7%), and 20.1% in clerical, assistant, and tech support 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 Neil Armstrong Way / Franklin Rd neighborhood is English, spoken by 97.4% of households. Other important languages spoken here include Italian and Spanish.

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 Neil Armstrong Way / Franklin Rd neighborhood in Lebanon, OH, residents most commonly identify their ethnicity or ancestry as German (16.2%). There are also a number of people of English ancestry (14.5%), and residents who report Irish roots (11.1%), and some of the residents are also of Scottish ancestry (3.1%), along with some Mexican ancestry residents (3.0%), 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 Neil Armstrong Way / Franklin Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (36.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.2%) 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 (14.0%) . 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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