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Real Estate Prices & Overview

Heath / Monitor median real estate price is $297,502, which is more expensive than 73.6% of the neighborhoods in Indiana and 41.6% of the neighborhoods in the U.S.

The average rental price in Heath / Monitor is currently $2,018, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.9% of the neighborhoods in Indiana.

Heath / Monitor is a rural neighborhood (based on population density) located in Lafayette, Indiana.

Heath / Monitor real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Heath / Monitor neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Heath / Monitor, the current vacancy rate is 0.5%, which is a lower rate of vacancies than 93.0% of all neighborhoods in the U.S. This means that the housing supply in Heath / Monitor is very tight compared to the demand for property here.

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 Lafayette, the Heath / Monitor neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you're looking for a great spot to raise a family, then look no further than the Heath / Monitor neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 13.3% of family-friendly neighborhoods across the state of Indiana. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives.

Diversity

Significantly, 3.4% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 97.0% of the neighborhoods in America.

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 Heath / Monitor neighborhood in Lafayette are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.7% of the neighborhoods in America. With 12.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.8% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Heath / Monitor neighborhood, 39.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.8%), and 13.0% 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 Heath / Monitor neighborhood is English, spoken by 87.0% of households. Other important languages spoken here include Vietnamese, Chinese, Spanish and Polish.

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 Heath / Monitor neighborhood in Lafayette, IN, residents most commonly identify their ethnicity or ancestry as German (21.1%). There are also a number of people of English ancestry (12.9%), and residents who report Asian roots (7.2%), and some of the residents are also of Irish ancestry (6.1%), along with some Mexican ancestry residents (2.8%), 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 Heath / Monitor neighborhood spend under 15 minutes commuting one-way to work (44.2% of working residents), one of the shortest commutes across America.

Here most residents (74.8%) 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 (13.8%) . 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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Crime includes:
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Schools include:
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