Indiana University Bloomington median real estate price is $298,754, which is more expensive than 66.9% of the neighborhoods in Indiana and 37.2% of the neighborhoods in the U.S.
The average rental price in Indiana University Bloomington is currently $1,075, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.7% of Indiana neighborhoods.
Indiana University Bloomington is a densely urban neighborhood (based on population density) located in Bloomington, Indiana.
Indiana University Bloomington real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Indiana University Bloomington neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Home and apartment vacancy rates are 6.4% in Indiana University Bloomington. NeighborhoodScout analysis shows that this rate is lower than 56.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
The Indiana University Bloomington neighborhood stands out for having an average per capita income lower than 99.6% of the neighborhoods in the United States. In a nation where 1 out of every 4 children lives in poverty, the Indiana University Bloomington neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, one of the really interesting characteristics about the Indiana University Bloomington 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 0.1% of college-friendly places to live in the state of Indiana.
Also, neighborhoodScout's analysis shows that the Indiana University Bloomington neighborhood has a greater concentration of residents currently enrolled in college than 99.9% of the neighborhoods in the U.S. With 97.3% of the population here attending college, this is very much a college-focused neighborhood.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Indiana University Bloomington neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.8% of all American neighborhoods.
More people in Indiana University Bloomington choose to walk to work each day (43.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Renter-occupied real estate is dominant in the Indiana University Bloomington neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, the Indiana University Bloomington neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 94.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, one of the really unique and interesting things about the look and setting of the Indiana University Bloomington neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 91.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.4% of all neighborhoods in America.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Indiana University Bloomington neighborhood has a highly unusual pattern of car ownership. 44.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Indiana University Bloomington neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Indiana University Bloomington neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.4% 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 95.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Indiana University Bloomington neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Indiana University Bloomington neighborhood in Bloomington are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.6% 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.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Indiana University Bloomington neighborhood, 56.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 18.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 9.9% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Indiana University Bloomington neighborhood is English, spoken by 84.7% of households. Other important languages spoken here include Polish, Spanish and Chinese.
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 Indiana University Bloomington neighborhood in Bloomington, IN, residents most commonly identify their ethnicity or ancestry as Asian (12.5%). There are also a number of people of German ancestry (11.9%), and residents who report Irish roots (9.3%), and some of the residents are also of English ancestry (5.5%), along with some Italian ancestry residents (5.1%), among others.
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 Indiana University Bloomington neighborhood spend under 15 minutes commuting one-way to work (57.4% of working residents), one of the shortest commutes across America.
Here most residents (43.8%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (17.1%) and 8.1% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.