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Real Estate Prices & Overview

W Lane Ave / N Metcalf St median real estate price is $155,521, which is less expensive than 72.8% of Ohio neighborhoods and 86.9% of all U.S. neighborhoods.

The average rental price in W Lane Ave / N Metcalf St is currently $1,192, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.8% of Ohio neighborhoods.

W Lane Ave / N Metcalf St is a suburban neighborhood (based on population density) located in Lima, Ohio.

W Lane Ave / N Metcalf St 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 W Lane Ave / N Metcalf St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in W Lane Ave / N Metcalf St are 3.6%, which is lower than one will find in 76.2% of American neighborhoods. Demand for real estate in W Lane Ave / N Metcalf St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 W Lane Ave / N Metcalf St neighborhood has more African and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.2% of this neighborhood's residents have African ancestry and 2.2% have Welsh 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 W Lane Ave / N Metcalf St neighborhood in Lima are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.5% of U.S. neighborhoods. With 44.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.5% 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 W Lane Ave / N Metcalf St neighborhood, 35.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.1%), and 11.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W Lane Ave / N Metcalf St neighborhood is English, spoken by 99.2% of households. Some people also speak Italian (5.1%).

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 W Lane Ave / N Metcalf St neighborhood in Lima, OH, residents most commonly identify their ethnicity or ancestry as German (28.7%). There are also a number of people of English ancestry (15.9%), and residents who report Sub-Saharan African roots (10.2%), and some of the residents are also of African ancestry (10.2%), along with some Irish ancestry residents (9.8%), among others.

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 W Lane Ave / N Metcalf St neighborhood spend under 15 minutes commuting one-way to work (48.9% of working residents), one of the shortest commutes across America.

Here most residents (84.7%) 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.


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