menu






Real Estate Prices & Overview

Edgewood Lake / DePauw University median real estate price is $198,902, which is more expensive than 36.8% of the neighborhoods in Indiana and 20.3% of the neighborhoods in the U.S.

The average rental price in Edgewood Lake / DePauw University is currently $1,458, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.3% of Indiana neighborhoods.

Edgewood Lake / DePauw University is a rural neighborhood (based on population density) located in Greencastle, Indiana.

Edgewood Lake / DePauw University 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 Edgewood Lake / DePauw University neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Edgewood Lake / DePauw University are 4.8%, which is lower than one will find in 68.1% of American neighborhoods. Demand for real estate in Edgewood Lake / DePauw University 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

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 Greencastle, the Edgewood Lake / DePauw University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An extraordinary 22.5% of the residents of the Edgewood Lake / DePauw University neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, there is an especially high percentage of incarcerated people (1.3%) living in the Edgewood Lake / DePauw University neighborhood.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Edgewood Lake / DePauw University neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Edgewood Lake / DePauw University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

More people in Edgewood Lake / DePauw University choose to walk to work each day (11.9%) 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.

Diversity

Did you know that the Edgewood Lake / DePauw University neighborhood has more Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Brazilian 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 Edgewood Lake / DePauw University neighborhood in Greencastle are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.7% of the neighborhoods in America. In addition, 10.3% 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 50.0% 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 Edgewood Lake / DePauw University neighborhood, 35.2% 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 30.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.1%), and 14.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Edgewood Lake / DePauw University neighborhood is English, spoken by 94.5% of households.

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 Edgewood Lake / DePauw University neighborhood in Greencastle, IN, residents most commonly identify their ethnicity or ancestry as German (13.1%). There are also a number of people of English ancestry (7.2%), and residents who report Irish roots (5.4%), and some of the residents are also of Asian ancestry (4.5%), along with some Mexican ancestry residents (3.1%), 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 Edgewood Lake / DePauw University neighborhood spend under 15 minutes commuting one-way to work (62.6% of working residents), one of the shortest commutes across America.

Here most residents (65.5%) 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 (11.9%) and 9.8% of residents also carpool with coworkers, friends, or neighbors 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.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby