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Real Estate Prices & Overview

Goodman Park median real estate price is $70,489, which is less expensive than 97.2% of Indiana neighborhoods and 97.9% of all U.S. neighborhoods.

The average rental price in Goodman Park is currently $1,533, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.4% of Indiana neighborhoods.

Goodman Park is a rural neighborhood (based on population density) located in East Chicago, Indiana.

Goodman Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Goodman Park 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 1970 and 1999.

Vacant apartments or homes are a major fact of life in Goodman Park. The current real estate vacancy rate here is 37.2%. This is higher than the rate of vacancies in 97.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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.

Occupations

There are more people living in the Goodman Park neighborhood employed as sales and service workers (21.0%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

Divorcees may find friendship and understanding in this neighborhood, as 32.9% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.9% of the neighborhoods in America.

Modes of Transportation

Our research shows that more people carpool to work here in the Goodman Park (45.4%) than in 99.9% of the neighborhoods in America.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 37.2% of the residential real estate vacant, the Goodman Park neighborhood claims the distinction of having a higher vacancy rate than 97.0% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Goodman Park neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 37.1% of the real estate here is made up of such dwellings, which is higher than 96.5% of all U.S. neighborhoods.

Furthermore, 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 Goodman Park neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 61.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.9% of the neighborhoods in the United States.

Diversity

Did you know that the Goodman Park neighborhood has more Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.1% of this neighborhood's residents have Sub-Saharan African ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Goodman Park neighborhood in East Chicago 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. With 18.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.4% 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 Goodman Park neighborhood, 79.0% 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 10.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.6%), and 3.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Goodman Park neighborhood is English, spoken by 55.2% of households. Some people also speak Spanish (43.6%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Goodman Park neighborhood in East Chicago, IN, residents most commonly identify their ethnicity or ancestry as Mexican (43.8%). There are also a number of people of Sub-Saharan African ancestry (15.1%), and residents who report Puerto Rican roots (1.6%). In addition, 33.8% of the residents of this neighborhood were born in another country.

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 Goodman Park neighborhood spend between 30 and 45 minutes commuting one-way to work (63.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (45.4%) carpool with coworkers, friends, or neighbors to get to work. In addition, quite a number also drive alone in a private automobile to get to work (29.3%) . Despite relying on the automobile to get to work, residents of this neighborhood share the ride more than most neighborhoods, reducing traffic, pollution, and saving money.


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