Laurel Park median real estate price is $440,091, which is more expensive than 85.7% of the neighborhoods in Ohio and 58.9% of the neighborhoods in the U.S.
The average rental price in Laurel Park is currently $1,460, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.4% of Ohio neighborhoods.
Laurel Park is a densely urban neighborhood (based on population density) located in Cincinnati, Ohio.
Laurel Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Laurel Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Laurel Park are 4.7%, which is lower than one will find in 68.6% of American neighborhoods. Demand for real estate in Laurel 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.
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 Cincinnati, the Laurel Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Single parenting is hard. But you don't have to tell the Laurel Park neighborhood about it; they already know. 34.1% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.8% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
More people in Laurel Park choose to walk to work each day (22.4%) 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.
Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Laurel Park neighborhood could be your paradise. With 39.9% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 1.9% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Did you know that the Laurel Park neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.6% of this neighborhood's residents have African ancestry and 15.6% have Sub-Saharan African ancestry.
Laurel Park is also pretty special linguistically. Significantly, 3.9% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 98.4% 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 Laurel Park neighborhood in Cincinnati are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.7% of U.S. neighborhoods. With 50.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.3% 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 Laurel Park neighborhood, 57.4% of the working population is employed in executive, management, and professional 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 23.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.5%), and 6.6% in manufacturing and laborer occupations.
The most common language spoken in the Laurel Park neighborhood is English, spoken by 91.0% of households. Some people also speak Korean (3.9%).
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 Laurel Park neighborhood in Cincinnati, OH, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (15.6%). There are also a number of people of African ancestry (15.6%), and residents who report German roots (5.5%), and some of the residents are also of Asian ancestry (4.7%), along with some Italian ancestry residents (4.0%), 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 Laurel Park neighborhood spend under 15 minutes commuting one-way to work (43.9% of working residents), one of the shortest commutes across America.
Here most residents (63.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (22.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.