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Real Estate Prices & Overview

Eldridge median real estate price is $201,071, which is more expensive than 37.9% of the neighborhoods in Missouri and 21.7% of the neighborhoods in the U.S.

The average rental price in Eldridge is currently $789, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.8% of Missouri neighborhoods.

Eldridge is a remote neighborhood (based on population density) located in Lebanon, Missouri.

Eldridge real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Eldridge 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.

Home and apartment vacancy rates are 6.8% in Eldridge. NeighborhoodScout analysis shows that this rate is lower than 55.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

Our research shows that more people carpool to work here in the Eldridge (32.2%) than in 99.2% of the neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the Eldridge neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 48.7% of its working residents employed in such fields, which is a higher proportion than 98.6% of American neighborhoods.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 24 residents per square mile, Eldridge is less crowded than 93.9% of all U.S. neighborhoods.

Diversity

Did you know that the Eldridge neighborhood has more English and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.9% of this neighborhood's residents have English ancestry and 3.1% have Scots-Irish 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 Eldridge neighborhood in Lebanon are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.6% of U.S. neighborhoods. With 28.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.5% 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 Eldridge neighborhood, 48.7% 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 24.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.0%), and 5.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Eldridge neighborhood is English, spoken by 97.0% 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 Eldridge neighborhood in Lebanon, MO, residents most commonly identify their ethnicity or ancestry as English (21.9%). There are also a number of people of German ancestry (20.8%), and residents who report Irish roots (20.4%), and some of the residents are also of Mexican ancestry (3.2%), along with some Scots-Irish ancestry residents (3.1%), 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 Eldridge neighborhood spend between 15 and 30 minutes commuting one-way to work (45.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.7%) 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 (32.2%) . 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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