Eaglewood Estates / Russell Lake median real estate price is $665,696, which is more expensive than 98.9% of the neighborhoods in Indiana and 83.1% of the neighborhoods in the U.S.
The average rental price in Eaglewood Estates / Russell Lake is currently $2,138, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.5% of the neighborhoods in Indiana.
Eaglewood Estates / Russell Lake is a suburban neighborhood (based on population density) located in Zionsville, Indiana.
Eaglewood Estates / Russell Lake real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Eaglewood Estates / Russell Lake neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Eaglewood Estates / Russell Lake are 3.5%, which is lower than one will find in 78.3% of American neighborhoods. Demand for real estate in Eaglewood Estates / Russell Lake 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
According to NeighborhoodScout's exclusive analysis, Eaglewood Estates / Russell Lake is among the best neighborhoods for families in Indiana. In fact, this neighborhood is more family-friendly than 99.6% of neighborhoods in the entire state of Indiana. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Eaglewood Estates / Russell Lake neighborhood. 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, urban sophisticates and college students.
In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Eaglewood Estates / Russell Lake neighborhood may actually hold the key. 70.2% of its residents are married, which is a higher percentage than is found in 97.8% of the neighborhoods in America.
Also, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Eaglewood Estates / Russell Lake neighborhood is wealthier than 97.5% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.
Finally, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 74.2% of the adults living in the Eaglewood Estates / Russell Lake neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 95.9% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
One way that the Eaglewood Estates / Russell Lake neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.3% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, owner-occupied real estate dominates the Eaglewood Estates / Russell Lake neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.8% of neighborhoods in America.
Did you know that the Eaglewood Estates / Russell Lake neighborhood has more Greek and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Greek ancestry and 20.9% have English ancestry.
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 Eaglewood Estates / Russell Lake neighborhood in Zionsville are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 97.5% of the neighborhoods in America. In addition, 0.8% 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 79.2% 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 Eaglewood Estates / Russell Lake neighborhood, 63.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 18.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.0%), and 6.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Eaglewood Estates / Russell Lake neighborhood is English, spoken by 94.4% of households. Some people also speak Chinese (3.1%).
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 Eaglewood Estates / Russell Lake neighborhood in Zionsville, IN, residents most commonly identify their ethnicity or ancestry as German (23.8%). There are also a number of people of English ancestry (20.9%), and residents who report Irish roots (17.6%), and some of the residents are also of Italian ancestry (5.6%), along with some Polish ancestry residents (4.7%), 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 Eaglewood Estates / Russell Lake neighborhood spend between 15 and 30 minutes commuting one-way to work (39.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.