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Real Estate Prices & Overview

Schenley median real estate price is $74,266, which is less expensive than 93.4% of Ohio neighborhoods and 97.4% of all U.S. neighborhoods.

The average rental price in Schenley is currently $1,368, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.7% of Ohio neighborhoods.

Schenley is a suburban neighborhood (based on population density) located in Youngstown, Ohio.

Schenley 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 Schenley 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 Schenley are 3.2%, which is lower than one will find in 78.7% of American neighborhoods. Demand for real estate in Schenley 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 Youngstown, the Schenley neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Schenley neighborhood has a greater percentage of children living in poverty (55.6%) than found in 95.8% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Diversity

Did you know that the Schenley neighborhood has more Slovak and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.2% of this neighborhood's residents have Slovak ancestry and 3.3% have Ukrainian ancestry.

Schenley is also pretty special linguistically. Significantly, 17.7% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.

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 Schenley neighborhood in Youngstown are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.5% of U.S. neighborhoods. With 55.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.8% of U.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 Schenley neighborhood, 35.8% of the working population is employed in manufacturing and laborer 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 28.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.5%), and 15.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the Schenley neighborhood is English, spoken by 97.5% of households. Some people also speak Italian (17.7%).

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 Schenley neighborhood in Youngstown, OH, residents most commonly identify their ethnicity or ancestry as Italian (19.1%). There are also a number of people of German ancestry (10.1%), and residents who report Irish roots (9.1%), and some of the residents are also of Sub-Saharan African ancestry (7.6%), along with some African ancestry residents (7.6%), 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 Schenley neighborhood spend under 15 minutes commuting one-way to work (35.6% of working residents), one of the shortest commutes across America.

Here most residents (74.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (7.8%) . 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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