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Real Estate Prices & Overview

Pierce Park median real estate price is $121,502, which is less expensive than 81.0% of Ohio neighborhoods and 91.6% of all U.S. neighborhoods.

The average rental price in Pierce Park is currently $1,442, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.9% of Ohio neighborhoods.

Pierce Park is a suburban neighborhood (based on population density) located in Xenia, Ohio.

Pierce Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Pierce Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Real estate vacancies in Pierce Park are 3.9%, which is lower than one will find in 73.9% of American neighborhoods. Demand for real estate in Pierce Park 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.

Modes of Transportation

While most Americans do drive to work alone each day, the Pierce Park neighborhood stands out by having 92.6% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.5% of all American neighborhoods.

People

Of particular note, 3.4% of the people in the Pierce Park neighborhood currently reside in a correction facility, held due to punishment for a crime.

Diversity

Did you know that the Pierce Park neighborhood has more Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Finnish 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 Pierce Park neighborhood in Xenia are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.0% of U.S. neighborhoods. With 14.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.7% 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 Pierce Park neighborhood, 34.1% 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 26.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.3%), and 18.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Pierce Park neighborhood is English, spoken by 96.9% of households.

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 Pierce Park neighborhood in Xenia, OH, residents most commonly identify their ethnicity or ancestry as English (18.3%). There are also a number of people of Irish ancestry (17.4%), and residents who report German roots (16.3%), and some of the residents are also of Norwegian ancestry (2.8%), along with some Scots-Irish ancestry residents (2.7%), 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 Pierce Park neighborhood spend between 15 and 30 minutes commuting one-way to work (35.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (92.6%) 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 (5.5%) . 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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