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Real Estate Prices & Overview

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.

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 Marion, the Shady Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

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.

The Neighbors

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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

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.

Languages

The most common language spoken in the Shady Hills neighborhood is English, spoken by 96.4% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

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.

Getting to Work

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 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.


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