Oil City / Pleasant Valley median real estate price is $171,664, which is less expensive than 74.2% of Michigan neighborhoods and 84.2% of all U.S. neighborhoods.
The average rental price in Oil City / Pleasant Valley is currently $1,220, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.8% of Michigan neighborhoods.
Oil City / Pleasant Valley is a remote neighborhood (based on population density) located in Shepherd, Michigan.
Oil City / Pleasant Valley real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Oil City / Pleasant Valley 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.
Oil City / Pleasant Valley has a 12.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.9% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.6%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
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 Shepherd, the Oil City / Pleasant Valley neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Unpopulated, and rural, the Oil City / Pleasant Valley neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 91.3% of the neighborhoods in America.
Oil City / Pleasant Valley is ranked among the top 9.8% of neighborhoods for first-time home buyers to consider in the state of Michigan according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Oil City / Pleasant Valley neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.
Did you know that the Oil City / Pleasant Valley neighborhood has more Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.4% of this neighborhood's residents have Polish 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 Oil City / Pleasant Valley neighborhood in Shepherd are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.6% of the neighborhoods in America. With 15.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.8% 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 Oil City / Pleasant Valley neighborhood, 32.0% of the working population is employed in manufacturing and laborer 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 30.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.6%), and 11.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Oil City / Pleasant Valley neighborhood is English, spoken by 97.9% of households. Some people also speak Polish (3.9%).
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 Oil City / Pleasant Valley neighborhood in Shepherd, MI, residents most commonly identify their ethnicity or ancestry as German (28.0%). There are also a number of people of Irish ancestry (14.1%), and residents who report English roots (10.7%), and some of the residents are also of Polish ancestry (10.4%), along with some French ancestry residents (3.2%), 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 Oil City / Pleasant Valley neighborhood spend between 15 and 30 minutes commuting one-way to work (46.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.1%) 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 (8.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.