Real Estate Prices and Overview
E Iliff Ave / S Vaughn Way median real estate prices are $226,921, which is more expensive than 47.5% of the neighborhoods
in Colorado and 67.0% of the
neighborhoods in the U.S.
Average rental prices in E Iliff Ave / S Vaughn Way are currently
$1,101, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 45.6% of Colorado neighborhoods.
E Iliff Ave / S Vaughn Way is an urban neighborhood (based on population
density) located in Aurora, Colorado.
E Iliff Ave / S Vaughn Way real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the E Iliff Ave / S Vaughn Way neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
E Iliff Ave / S Vaughn Way has a 12.5% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
65.1% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Aurora,
the E Iliff Ave / S Vaughn Way neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the
E Iliff Ave / S Vaughn Way neighborhood stands out as being ranked among
the lowest 0.1% of neighborhoods affected by this global
Notable & Unique: Diversity
Did you know that the E Iliff Ave / S Vaughn Way neighborhood has more
Ukrainian and Spanish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.5% of
this neighborhood's residents have Ukrainian ancestry and 3.1% have Spanish ancestry.
E Iliff Ave / S Vaughn Way is also pretty special linguistically. Significantly, 9.3% of its residents five years old and above primarily
speak Korean at home. While this may seem like a small percentage, it is higher
than 99.5% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
While most Americans do drive to work alone each day, the
E Iliff Ave / S Vaughn Way neighborhood stands out by having 93.3% of commuters
doing so, which is a higher proportion of people driving alone to work
than NeighborhoodScout found in 95.4% of all American
Notable & Unique: Real Estate
In addition, if you love row houses and attached homes, you will probably really like the E Iliff Ave / S Vaughn Way neighborhood. The ambiance, the charm, of row houses is something special. And in shear abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 32.9% of the residential real estate here is classified as row houses and attached homes.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the E Iliff Ave / S Vaughn Way stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.8% of the residential real estate here was built in this one time period.
The Neighbors: Income
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 E Iliff Ave / S Vaughn Way neighborhood in Aurora are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 48.3% of the neighborhoods in America.
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 99.9%
of America's neighborhoods.
The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the E Iliff Ave / S Vaughn Way neighborhood, 46.0%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
clerical, assistant, and tech support occupations, with 23.2% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(23.1%), and 7.7% in manufacturing and laborer occupations.
The Neighbors: 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 E Iliff Ave / S Vaughn Way neighborhood in Aurora, CO, residents
most commonly identify their ethnicity or ancestry as German
(16.4%). There are also a number of people of Russian ancestry (6.6%) , and residents who report Mexican roots (6.1%) , and some of the residents are also of French ancestry (5.4%) , along with some Irish ancestry residents (4.2%), among others. In addition, 18.0% of the residents of this neighborhood were born in another country.
The Neighbors: 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 E Iliff Ave / S Vaughn Way
neighborhood is English, spoken by 76.1% of households. Other important languages spoken here include Korean, Spanish and Russian.
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 E Iliff Ave / S Vaughn Way neighborhood spend
between 15 and 30 minutes commuting one-way to work (48.2% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (93.3%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.