Arda / City Center median real estate price is $177,486, which is more expensive than 33.0% of the neighborhoods in Indiana and 17.4% of the neighborhoods in the U.S.
The average rental price in Arda / City Center is currently $935, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.4% of Indiana neighborhoods.
Arda / City Center is a rural neighborhood (based on population density) located in Petersburg, Indiana.
Arda / City Center real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Arda / City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Arda / City Center has a 12.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
There is an especially high percentage of incarcerated people (1.0%) living in the Arda / City Center neighborhood.
In addition, if you're planning where to retire, the Arda / City Center neighborhood in Petersburg is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in IN, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.5% of the neighborhoods in Indiana. If you are considering retiring to Indiana, this is a good neighborhood to look at.
Did you know that the Arda / City Center neighborhood has more English and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.2% of this neighborhood's residents have English ancestry and 6.2% have Scottish ancestry.
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 Arda / City Center neighborhood in Petersburg are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.9% of the neighborhoods in America. In addition, 6.4% 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 60.4% of America'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 Arda / City Center neighborhood, 33.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.4%), and 13.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Arda / City Center neighborhood is English, spoken by 99.8% of households.
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 Arda / City Center neighborhood in Petersburg, IN, residents most commonly identify their ethnicity or ancestry as English (26.2%). There are also a number of people of German ancestry (23.2%), and residents who report Irish roots (13.2%), and some of the residents are also of Scottish ancestry (6.2%), along with some Norwegian ancestry residents (2.5%), 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 Arda / City Center neighborhood spend under 15 minutes commuting one-way to work (38.5% of working residents), one of the shortest commutes across America.
Here most residents (84.3%) 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 (8.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.