Miami University Oxford East median real estate price is $318,365, which is more expensive than 70.7% of the neighborhoods in Ohio and 41.5% of the neighborhoods in the U.S.
The average rental price in Miami University Oxford East is currently $1,880, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.2% of the neighborhoods in Ohio.
Miami University Oxford East is a suburban neighborhood (based on population density) located in Oxford, Ohio.
Miami University Oxford East real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Miami University Oxford East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 2000 and the present.
In Miami University Oxford East, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Miami University Oxford East is very tight compared to the demand for property here.
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.
99.6% of the real estate in the Miami University Oxford East neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Miami University Oxford East neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Miami University Oxford East neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 100.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 100.0% of America's neighborhoods.
Furthermore, one way that the Miami University Oxford East neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 100.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Miami University Oxford East neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 100.0% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 100.0% of the neighborhoods in the United States.
Of note is NeighborhoodScout's research finding that the Miami University Oxford East neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Miami University Oxford East community truly stands out from the rest in this regard.
In addition, neighborhoodScout's exclusive research revealed that 100.0% of the adult residents in the Miami University Oxford East neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 100.0% of the neighborhoods in America.
Also, one of the really interesting characteristics about the Miami University Oxford East 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 Ohio.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Miami University Oxford East neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 100.0% of all American neighborhoods.
A unique way of commuting is simply not to. And in the Miami University Oxford East neighborhood, analysis shows that 49.2% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.8% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Also, in the Miami University Oxford East neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 31.9% of residents here. This is a higher proportion of walking commuters than we found in 99.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Miami University Oxford East neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 75.9% 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 99.3% 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 Miami University Oxford East neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Miami University Oxford East neighborhood in Oxford are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% 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 Miami University Oxford East neighborhood, 77.2% 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 15.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (4.6%), and 2.5% in clerical, assistant, and tech support occupations.
Languages
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 Miami University Oxford East neighborhood is English, spoken by 91.8% of households. Other important languages spoken here include Chinese, Polish and Spanish.
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 Miami University Oxford East neighborhood in Oxford, OH, residents most commonly identify their ethnicity or ancestry as Asian (5.8%). There are also a number of people of Irish ancestry (3.2%), and residents who report German roots (2.4%), and some of the residents are also of Italian ancestry (1.8%), along with some English ancestry residents (1.7%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Miami University Oxford East neighborhood spend under 15 minutes commuting one-way to work (75.9% of working residents), one of the shortest commutes across America.
Here most residents (31.9%) 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 (16.3%) . 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.
