Real Estate Prices and Overview
W Colfax Ave / Irving St median real estate prices are $206,652, which is more expensive than 41.2% of the neighborhoods
in Colorado and 62.7% of the
neighborhoods in the U.S.
Average rental prices in W Colfax Ave / Irving St are currently
$901, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 66.9% of Colorado neighborhoods.
W Colfax Ave / Irving St is an urban neighborhood (based on population
density) located in Denver, Colorado.
W Colfax Ave / Irving St 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 single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the W Colfax Ave / Irving St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 9.5% in
W Colfax Ave / Irving St. NeighborhoodScout analysis shows that this rate is lower
than 48.7% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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 Denver,
the W Colfax Ave / Irving St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the W Colfax Ave / Irving St neighborhood has more
Brazilian and Mexican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.3% of
this neighborhood's residents have Brazilian ancestry and 56.0% have Mexican ancestry.
W Colfax Ave / Irving St is also pretty special linguistically. Significantly, 2.6% of its residents five years old and above primarily
speak Arabic at home. While this may seem like a small percentage, it is higher
than 97.4% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
Our research revealed that more commuters here take the bus to work
(22.3% ride the bus) than 97.5% of all American
neighborhoods. If you like the idea of leaving your car and home and
hopping the bus to work, this might be a good neighborhood for you to
Notable & Unique: Occupations
There are more people living in the W Colfax Ave / Irving St neighborhood
employed as sales and service workers (54.4%) 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.
The Neighbors: Income
There are two complimentary 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 W Colfax Ave / Irving St neighborhood in Denver are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 82.6% of U.S. neighborhoods.
With 37.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 81.8%
of U.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 W Colfax Ave / Irving St neighborhood, 45.6%
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 22.8% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(18.8%), and 12.8% in clerical, assistant, and tech support 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 W Colfax Ave / Irving St neighborhood in Denver, CO, residents
most commonly identify their ethnicity or ancestry as Mexican
(56.0%). There are also a number of people of German ancestry (5.3%) , and residents who report Italian roots (4.5%) , and some of the residents are also of English ancestry (4.4%) , along with some Irish ancestry residents (3.3%), among others. In addition, 28.2% 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 W Colfax Ave / Irving St
neighborhood is English, spoken by 57.3% of households. Other important languages spoken here include Spanish and Arabic.
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 W Colfax Ave / Irving St neighborhood spend
between 15 and 30 minutes commuting one-way to work (36.2% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (62.0%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (22.3%) and 11.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.