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Real Estate Prices & Overview

Berdan Ave / Wallwerth Dr median real estate price is $120,019, which is less expensive than 85.3% of Ohio neighborhoods and 92.8% of all U.S. neighborhoods.

The average rental price in Berdan Ave / Wallwerth Dr is currently $1,565, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.2% of the neighborhoods in Ohio.

Berdan Ave / Wallwerth Dr is an urban neighborhood (based on population density) located in Toledo, Ohio.

Berdan Ave / Wallwerth Dr 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 Berdan Ave / Wallwerth Dr 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 1940 and 1969.

Real estate vacancies in Berdan Ave / Wallwerth Dr are 5.8%, which is lower than one will find in 60.2% of American neighborhoods. Demand for real estate in Berdan Ave / Wallwerth Dr 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

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Berdan Ave / Wallwerth Dr neighborhood has more single mother households than 98.4% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Berdan Ave / Wallwerth Dr neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.4% of the neighborhoods in OH. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Berdan Ave / Wallwerth Dr neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.8% of all American neighborhoods.

Real Estate

Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Berdan Ave / Wallwerth Dr neighborhood is one of the most walkable neighborhoods in America.

In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 59.1% of the residential real estate in the Berdan Ave / Wallwerth Dr neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Berdan Ave / Wallwerth Dr neighborhood has more Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Lithuanian ancestry.

Berdan Ave / Wallwerth Dr is also pretty special linguistically. Significantly, 9.3% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.

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 Berdan Ave / Wallwerth Dr neighborhood in Toledo are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.7% of U.S. neighborhoods. With 30.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.6% 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 Berdan Ave / Wallwerth Dr neighborhood, 42.1% 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 manufacturing and laborer occupations, with 34.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (12.7%), and 11.2% 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 Berdan Ave / Wallwerth Dr neighborhood is English, spoken by 97.0% of households. Other important languages spoken here include Polish, Italian and Spanish.

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 Berdan Ave / Wallwerth Dr neighborhood in Toledo, OH, residents most commonly identify their ethnicity or ancestry as German (28.3%). There are also a number of people of Irish ancestry (9.1%), and residents who report English roots (6.1%), and some of the residents are also of Sub-Saharan African ancestry (4.3%), along with some African ancestry residents (4.3%), among others.

Getting to Work

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 Berdan Ave / Wallwerth Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (47.1% 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 (19.6%) . 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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