Western Reserve Estates median real estate price is $471,039, which is more expensive than 94.9% of the neighborhoods in Ohio and 70.5% of the neighborhoods in the U.S.
The average rental price in Western Reserve Estates is currently $2,157, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.2% of the neighborhoods in Ohio.
Western Reserve Estates is a suburban neighborhood (based on population density) located in Hudson, Ohio.
Western Reserve Estates 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 Western Reserve Estates neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Western Reserve Estates, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Western Reserve Estates is very tight compared to the demand for property here.
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 Hudson, the Western Reserve Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real estate in the Western Reserve Estates neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 98.9% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 0.0%, the Western Reserve Estates neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, one way that the Western Reserve Estates neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.8% 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.
Furthermore, the Western Reserve Estates neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 97.8% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 95.7% of all neighborhoods in America.
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 Western Reserve Estates neighborhood is wealthier than 96.7% 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. As one would expect in a considerably wealthy neighborhood such as this, Western Reserve Estates also has one of the lowest ratings of child poverty in the nation.
In addition, according to NeighborhoodScout's exclusive analysis, Western Reserve Estates is among the best neighborhoods for families in Ohio. In fact, this neighborhood is more family-friendly than 99.7% of neighborhoods in the entire state of Ohio. 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 Western Reserve Estates neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.
Also, 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 Western Reserve Estates neighborhood may actually hold the key. 72.0% of its residents are married, which is a higher percentage than is found in 98.6% of the neighborhoods in America.
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 79.1% of the adults living in the Western Reserve Estates neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.6% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Did you know that the Western Reserve Estates neighborhood has more Hungarian and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Hungarian ancestry and 1.1% have Croatian ancestry.
Western Reserve Estates is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.
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 Western Reserve Estates neighborhood in Hudson 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 96.7% 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.
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 Western Reserve Estates neighborhood, 64.2% 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 16.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.8%), and 9.5% in manufacturing and laborer occupations.
The most common language spoken in the Western Reserve Estates neighborhood is English, spoken by 91.9% of households.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Western Reserve Estates neighborhood in Hudson, OH, residents most commonly identify their ethnicity or ancestry as German (30.7%). There are also a number of people of English ancestry (20.8%), and residents who report Irish roots (16.7%), and some of the residents are also of Italian ancestry (12.0%), along with some Polish ancestry residents (11.2%), 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 Western Reserve Estates neighborhood spend between 30 and 45 minutes commuting one-way to work (31.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (75.1%) 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.