Hill Valley median real estate price is $242,755, which is more expensive than 54.9% of the neighborhoods in Indiana and 29.2% of the neighborhoods in the U.S.
The average rental price in Hill Valley is currently $1,841, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.0% of the neighborhoods in Indiana.
Hill Valley is a suburban neighborhood (based on population density) located in Indianapolis, Indiana.
Hill Valley 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 owner occupied. Many of the residences in the Hill Valley neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Hill Valley are 5.5%, which is lower than one will find in 62.9% of American neighborhoods. Demand for real estate in Hill Valley 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.
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.
Did you know that the Hill Valley neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.5% of this neighborhood's residents have Asian ancestry.
Hill Valley is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 95.7% of the neighborhoods in America.
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 Hill Valley neighborhood in Indianapolis are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.6% of the neighborhoods in America. With 25.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.3% of U.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 Hill Valley neighborhood, 37.4% 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 29.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.6%), and 15.2% in clerical, assistant, and tech support 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 Hill Valley neighborhood is English, spoken by 71.6% of households. Other important languages spoken here include Chinese, Spanish and Italian.
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 Hill Valley neighborhood in Indianapolis, IN, residents most commonly identify their ethnicity or ancestry as Asian (32.5%). There are also a number of people of German ancestry (19.7%), and residents who report Irish roots (10.6%), and some of the residents are also of English ancestry (9.2%), along with some Mexican ancestry residents (7.4%), among others. In addition, 25.8% of the residents of this neighborhood were born in another country.
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 Hill Valley neighborhood spend between 15 and 30 minutes commuting one-way to work (37.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (71.5%) 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 (19.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.