Cleveland, OH Community Information

Cleveland, OH Homes for Sale

Cleveland Metro and Neighborhood Information

Built on the bedrock of innovation, the Cleveland metro area continues to renew and reinvent itself with its academic institutions and distinctive culture, which features world-class theater and a budding music scene.

Sitting on the shores of Lake Erie, Cleveland is about as Midwest as the Midwest gets. The Cleveland metro area includes neighboring Akron, Youngstown, Toledo and Canton. The area is home to more than 30 colleges and universities and over 27,000 college graduates every year. Nationally recognized schools include Kent State, Case Western Reserve University, Cleveland State, the University of Akron and Youngstown State. You'll find many of the state's leading primary and secondary schools, public and private neighboring these higher-education institutions.

With a diverse economy Cleveland has become a leader in biosciences, polymers and advanced materials, research and technology, aerospace and more. Cleveland's manufacturing sector was once Ohio's cornerstone and continues to aggressively compete through advanced technology, which has boosted productivity and strengthened the city's place in the global marketplace.

Affordable housing

With the median home price listed at $145,000, housing in Cleveland remains affordable for any growing family or young professional. Tremont, which is located about five miles from Lake Erie, has blossomed into one of the hottest neighborhoods south of the downtown area. Tremont is an amalgamation of Mediterranean ethnic groups, with an emphasis on Greek. The Tremont area treats you to some of the best views of downtown Cleveland and the Flats area. You will also enjoy Lincoln Park with its famed Bathhouse, which has been remodeled into condominiums.

The ultimate Tremont dining experience comes in the form of Sokolowski's University Inn, while Dempsey's Oasis Tavern and the Lincoln Park Pub are cornerstones of a burgeoning Tremont night scene. Shops and artistry line the streets, while old homes and inner-city living still exists.

The Flats neighborhood, which is located down the hill from downtown on the very near-west side of town, has reinvented itself as one of the most desirable places to live in the city. The clean-up of the once-burning Cuyahoga River has coincided with the emergence of an entertainment district and the development of new condos along the waterfront. Cleveland is a place of connections, an evolving community, vibrant and viable. So begin your Cleveland real estate search today!

Sources and more information:
http://www.city.cleveland.oh.us
http://www.city-data.com/housing/houses-Cleveland-Ohio.html
http://www.nhlink.net/
http://cleveland.about.com/od/neighborhoods/Clevelands_Neighborhoods.htm

Cleveland, OH Community Information

Population

762,843

Median Age

37.2

Median Household Income

$43,291

Households with Children

46.54%

Median Travel Time to Work

26 minutes

Cleveland, OH Real Estate Market Information

Homes Owned

55.15%

Homes Rented

38.58%

Homes Vacant

6.27%

Cleveland, OH Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

5:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

Cleveland, OH School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 762,843
  • Total Male Population 361,536
  • Total Female Population 401,307
  • Population change since 2000 -340.82%
  • Median age 37.2
  • Percent of households with children 46.54%
  • Personal Crime risk 208

Transportation

  • Median travel time to work 26 minutes
  • Percent using Public transportation 8.62%
  • Percent Driving/Using Carpool 83.96
  • Percent Using Other transportation 4.62%
  • Percent Working From Home 2.80%

Education Levels

  • Some high school 18.84%
  • High school graduate 32.82%
  • Some college 20.48%
  • Associate degree 5.81%
  • Bachelor's degree 13.49%
  • Graduate degree 8.55%

Occupation

  • Agriculture, forestry, and fishing 0.12%
  • Construction 4.40%
  • Manufacturing 13.78%
  • Wholesale Trade 2.92%
  • Retail Trade 8.93%
  • Finance, insurance and real estate 7.81%
  • Services 4.89%
  • Public administration 4.65%
  • Information 2.54%
  • Professional 10.51%
  • Education 25.02%
  • Arts 8.95%

Income

  • Average household income $57,313
  • Income change since 2000 20.83%

Climate

  • Avg. January high/low temp 34.10 / 19.09
  • Avg. July high/low temp 82.55 / 61.45
  • Annual precipitation 39.40
© 2013 HomeFinder.com, LLC Equal Housing Opportunity