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Real Estate Prices & Overview

Nazarene University median real estate price is $247,823, which is more expensive than 60.9% of the neighborhoods in Ohio and 32.4% of the neighborhoods in the U.S.

The average rental price in Nazarene University is currently $1,222, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.8% of Ohio neighborhoods.

Nazarene University is a rural neighborhood (based on population density) located in Mount Vernon, Ohio.

Nazarene University 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 occupied by a mixture of owners and renters. Many of the residences in the Nazarene University neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.3% in Nazarene University. NeighborhoodScout analysis shows that this rate is lower than 52.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

People

One of the really interesting characteristics about the Nazarene University neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.3% of college-friendly places to live in the state of Ohio. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees.

In addition, an extraordinary 23.0% of the residents of the Nazarene University 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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Nazarene University neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Nazarene University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 63.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

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 Nazarene University neighborhood in Mount Vernon are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.2% of U.S. neighborhoods. With 14.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.3% 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 Nazarene University neighborhood, 38.0% 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 25.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.1%), and 14.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Nazarene University neighborhood is English, spoken by 96.9% of households. Some people also speak Italian (5.5%).

Ethnicity / Ancestry

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 Nazarene University neighborhood in Mount Vernon, OH, residents most commonly identify their ethnicity or ancestry as German (22.7%). There are also a number of people of Irish ancestry (16.3%), and residents who report English roots (11.6%), and some of the residents are also of Scottish ancestry (3.9%), along with some Italian ancestry residents (3.1%), 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 Nazarene University neighborhood spend under 15 minutes commuting one-way to work (63.0% of working residents), one of the shortest commutes across America.

Here most residents (60.7%) 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 (10.1%) and 8.8% of residents also hop out the door and walk to work for their daily commute. 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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