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Real Estate Prices & Overview

Lancaster South median real estate price is $207,258, which is more expensive than 44.0% of the neighborhoods in Ohio and 22.4% of the neighborhoods in the U.S.

The average rental price in Lancaster South is currently $1,426, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.8% of Ohio neighborhoods.

Lancaster South is a suburban neighborhood (based on population density) located in Lancaster, Ohio.

Lancaster South 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 occupied by a mixture of owners and renters. Many of the residences in the Lancaster South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Lancaster South are 3.5%, which is lower than one will find in 76.8% of American neighborhoods. Demand for real estate in Lancaster South 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

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.

People

There is an especially high percentage of incarcerated people (2.1%) living in the Lancaster South neighborhood.

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 Lancaster South neighborhood in Lancaster are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.1% of U.S. neighborhoods. With 42.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.6% 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 Lancaster South neighborhood, 35.5% 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 25.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.3%), and 17.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lancaster South neighborhood is English, spoken by 96.5% of households. Some people also speak Italian (4.1%).

Ethnicity / Ancestry

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 Lancaster South neighborhood in Lancaster, OH, residents most commonly identify their ethnicity or ancestry as German (17.8%). There are also a number of people of English ancestry (9.9%), and residents who report Irish roots (8.2%), and some of the residents are also of Italian ancestry (5.2%), along with some Norwegian ancestry residents (1.4%), 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 Lancaster South neighborhood spend under 15 minutes commuting one-way to work (36.9% of working residents), one of the shortest commutes across America.

Here most residents (81.1%) 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 (11.3%) . 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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