Shady Hills median real estate price is $253,930, which is more expensive than 57.4% of the neighborhoods in Indiana and 31.1% of the neighborhoods in the U.S.
The average rental price in Shady Hills is currently $1,113, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.0% of Indiana neighborhoods.
Shady Hills is a rural neighborhood (based on population density) located in Marion, Indiana.
Shady Hills 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 Shady Hills 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 Shady Hills are 5.0%, which is lower than one will find in 66.5% of American neighborhoods. Demand for real estate in Shady Hills 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.
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 Marion, the Shady Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you are planning to retire in Indiana, this neighborhood should be on your must-see list. For many reasons, Shady Hills may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Indiana, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.1% of neighborhoods in IN. If a Indiana retirement is in your future, this neighborhood should be one of the places you visit.
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 Shady Hills neighborhood in Marion are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.3% of U.S. neighborhoods. In addition, 7.1% 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 58.3% of America'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 Shady Hills neighborhood, 45.7% 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 29.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.6%), and 9.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Shady Hills neighborhood is English, spoken by 96.4% of households.
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 Shady Hills neighborhood in Marion, IN, residents most commonly identify their ethnicity or ancestry as German (19.6%). There are also a number of people of English ancestry (12.9%), and residents who report Irish roots (12.4%), and some of the residents are also of Asian ancestry (2.6%), along with some South American ancestry residents (2.2%), among others.
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 Shady Hills neighborhood spend under 15 minutes commuting one-way to work (43.2% of working residents), one of the shortest commutes across America.
Here most residents (72.7%) 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 (21.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.