Downtown Terre Haute / Indiana State University median real estate price is $83,289, which is less expensive than 95.3% of Indiana neighborhoods and 97.0% of all U.S. neighborhoods.
The average rental price in Downtown Terre Haute / Indiana State University is currently $1,780, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.6% of the neighborhoods in Indiana.
Downtown Terre Haute / Indiana State University is a suburban neighborhood (based on population density) located in Terre Haute, Indiana.
Downtown Terre Haute / Indiana State University real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Terre Haute / Indiana State University neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Downtown Terre Haute / Indiana State University. The current real estate vacancy rate here is 27.9%. This is higher than the rate of vacancies in 93.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
People
The Downtown Terre Haute / Indiana State University neighborhood stands out for having an average per capita income lower than 99.7% of the neighborhoods in the United States. Also of note is NeighborhoodScout's research finding that the Downtown Terre Haute / Indiana State University neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Downtown Terre Haute / Indiana State University community truly stands out from the rest in this regard.
In addition, an extraordinary 82.6% of the residents of the Downtown Terre Haute / Indiana State 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.
Also, one of the really interesting characteristics about the Downtown Terre Haute / Indiana State University neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.4% of college-friendly places to live in the state of Indiana.
Finally, of particular note, 7.4% of the people in the Downtown Terre Haute / Indiana State University neighborhood currently reside in a correction facility, held due to punishment for a crime.
Modes of Transportation
More people in Downtown Terre Haute / Indiana State University choose to walk to work each day (45.6%) 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.
Real Estate
99.7% of the real estate in the Downtown Terre Haute / Indiana State University neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, the Downtown Terre Haute / Indiana State University neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 92.2% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, one of the really unique and interesting things about the look and setting of the Downtown Terre Haute / Indiana State University neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 76.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.1% of all neighborhoods in America.
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 Downtown Terre Haute / Indiana State University neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Downtown Terre Haute / Indiana State University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 70.0% 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 98.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Downtown Terre Haute / Indiana State University neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.2% of all American neighborhoods.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Downtown Terre Haute / Indiana State University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the Downtown Terre Haute / Indiana State University neighborhood has more Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.6% of this neighborhood's residents have Scottish ancestry.
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 Downtown Terre Haute / Indiana State University neighborhood in Terre Haute are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.7% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Downtown Terre Haute / Indiana State University neighborhood, 41.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.0%), and 13.1% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Downtown Terre Haute / Indiana State University neighborhood is English, spoken by 96.9% 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 Downtown Terre Haute / Indiana State University neighborhood in Terre Haute, IN, residents most commonly identify their ethnicity or ancestry as German (12.7%). There are also a number of people of English ancestry (6.5%), and residents who report Scottish roots (5.6%), and some of the residents are also of Irish ancestry (4.7%), along with some Sub-Saharan African ancestry residents (3.7%), 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 Downtown Terre Haute / Indiana State University neighborhood spend under 15 minutes commuting one-way to work (70.0% of working residents), one of the shortest commutes across America.
Here most residents (45.6%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (38.5%) . This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
