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Real Estate Prices & Overview

Allentown Rd / King Ave median real estate price is $197,528, which is more expensive than 45.4% of the neighborhoods in Ohio and 22.6% of the neighborhoods in the U.S.

The average rental price in Allentown Rd / King Ave is currently $1,497, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.8% of the neighborhoods in Ohio.

Allentown Rd / King Ave is a suburban neighborhood (based on population density) located in Lima, Ohio.

Allentown Rd / King Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Allentown Rd / King Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Allentown Rd / King Ave are 5.0%, which is lower than one will find in 66.7% of American neighborhoods. Demand for real estate in Allentown Rd / King Ave 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.

Notable & Unique Neighborhood Characteristics

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 Lima, the Allentown Rd / King Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

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

In addition, an extraordinary 17.9% of the residents of the Allentown Rd / King Ave 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, the Allentown Rd / King Ave neighborhood stands out within Ohio for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.9% of college-friendly places to live in OH. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees.

Diversity

Did you know that the Allentown Rd / King Ave neighborhood has more Swiss and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Swiss ancestry and 33.6% have German ancestry.

The Neighbors

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 Allentown Rd / King Ave neighborhood in Lima are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.2% 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Allentown Rd / King Ave neighborhood, 32.6% 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 29.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (28.6%), and 8.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Allentown Rd / King Ave neighborhood is English, spoken by 95.9% 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 Allentown Rd / King Ave neighborhood in Lima, OH, residents most commonly identify their ethnicity or ancestry as German (33.6%). There are also a number of people of Irish ancestry (16.0%), and residents who report English roots (14.3%), and some of the residents are also of Italian ancestry (2.7%), along with some Sub-Saharan African ancestry residents (2.1%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Allentown Rd / King Ave neighborhood spend under 15 minutes commuting one-way to work (54.4% of working residents), one of the shortest commutes across America.

Here most residents (87.1%) 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 (9.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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