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Real Estate Prices & Overview

Southwyck East median real estate price is $222,417, which is more expensive than 53.9% of the neighborhoods in Ohio and 27.4% of the neighborhoods in the U.S.

The average rental price in Southwyck East is currently $1,165, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.6% of Ohio neighborhoods.

Southwyck East is a suburban neighborhood (based on population density) located in Toledo, Ohio.

Southwyck East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Southwyck East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Southwyck East are 4.4%, which is lower than one will find in 70.6% of American neighborhoods. Demand for real estate in Southwyck East 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

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

If you're nearing retirement age, or in retirement, the Southwyck East is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.8% 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.

Diversity

Did you know that the Southwyck East neighborhood has more Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.4% of this neighborhood's residents have Polish ancestry.

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 Southwyck East neighborhood in Toledo are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.1% of U.S. neighborhoods. In addition, 8.2% 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 55.4% 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 Southwyck East neighborhood, 33.6% 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 25.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.7%), and 16.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Southwyck East neighborhood is English, spoken by 89.3% of households. Some people also speak Spanish (3.9%).

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 Southwyck East neighborhood in Toledo, OH, residents most commonly identify their ethnicity or ancestry as German (28.6%). There are also a number of people of Polish ancestry (11.4%), and residents who report Irish roots (9.2%), and some of the residents are also of English ancestry (7.1%), along with some Mexican ancestry residents (4.8%), 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 Southwyck East neighborhood spend between 15 and 30 minutes commuting one-way to work (54.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.0%) 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 (18.3%) and 9.7% of residents also ride the bus 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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