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Real Estate Prices & Overview

Geauga Lake median real estate price is $370,249, which is more expensive than 84.1% of the neighborhoods in Ohio and 55.4% of the neighborhoods in the U.S.

The average rental price in Geauga Lake is currently $1,986, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.6% of the neighborhoods in Ohio.

Geauga Lake is a suburban neighborhood (based on population density) located in Aurora, Ohio.

Geauga Lake real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Geauga 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.

Geauga Lake has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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

In a nation where 1 out of every 4 children lives in poverty, the Geauga Lake neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you're nearing retirement age, or in retirement, the Geauga Lake is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 8.0% of retiree-friendly neighborhoods in Ohio, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Ohio. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates and families with school-aged children.

Diversity

Did you know that the Geauga Lake neighborhood has more Hungarian and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.1% of this neighborhood's residents have Hungarian ancestry and 6.0% have Croatian ancestry.

Geauga Lake is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 95.7% of the neighborhoods in America.

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 Geauga Lake neighborhood in Aurora 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 87.5% of the neighborhoods in America. 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.

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 Geauga Lake neighborhood, 45.3% 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 22.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.8%), and 12.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Geauga Lake neighborhood is English, spoken by 92.2% of households. Some people also speak Chinese (5.8%).

Ethnicity / Ancestry

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 Geauga Lake neighborhood in Aurora, OH, residents most commonly identify their ethnicity or ancestry as German (20.3%). There are also a number of people of Hungarian ancestry (18.1%), and residents who report Italian roots (11.5%), and some of the residents are also of Irish ancestry (11.1%), along with some Polish ancestry residents (7.6%), 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 Geauga Lake neighborhood spend between 15 and 30 minutes commuting one-way to work (43.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.0%) 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.


Real Estate includes:
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Economics & Demographics include:
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Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
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Crime includes:
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Crimes Per Square Mile
Property Crime Comparison
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Schools include:
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