W Bancroft St / Olimphia Rd median real estate price is $164,832, which is less expensive than 68.9% of Ohio neighborhoods and 84.5% of all U.S. neighborhoods.
The average rental price in W Bancroft St / Olimphia Rd is currently $1,530, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.3% of Ohio neighborhoods.
W Bancroft St / Olimphia Rd is a suburban neighborhood (based on population density) located in Toledo, Ohio.
W Bancroft St / Olimphia Rd 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 Bancroft St / Olimphia Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.8% in W Bancroft St / Olimphia Rd. NeighborhoodScout analysis shows that this rate is lower than 49.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Toledo, the W Bancroft St / Olimphia Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
With a nice mix of college students, safety from crime, and decent walkability, the W Bancroft St / Olimphia Rd neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.0% of the neighborhoods in OH. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the W Bancroft St / Olimphia Rd neighborhood has more Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Scottish ancestry.
W Bancroft St / Olimphia Rd is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.
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 W Bancroft St / Olimphia Rd neighborhood in Toledo are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.4% of the neighborhoods in America. In addition, 4.2% 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 67.2% 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 W Bancroft St / Olimphia Rd neighborhood, 34.6% 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 23.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.9%), and 19.4% in clerical, assistant, and tech support occupations.
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 W Bancroft St / Olimphia Rd neighborhood is English, spoken by 95.4% of households. Other important languages spoken here include Polish, Spanish and Urdu (the national language of Pakistan).
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 Bancroft St / Olimphia Rd neighborhood in Toledo, OH, residents most commonly identify their ethnicity or ancestry as German (32.5%). There are also a number of people of Irish ancestry (14.3%), and residents who report English roots (11.5%), and some of the residents are also of Scottish ancestry (6.1%), along with some Polish ancestry residents (5.6%), among others.
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 W Bancroft St / Olimphia Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (52.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.7%) 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.