Real Estate Prices and Overview
W 6th Ave / Arbutus Dr median real estate prices are $123,112, which is less expensive than 89.8% of Colorado neighborhoods
and 65.3% of all U.S. neighborhoods.
Average rental prices in W 6th Ave / Arbutus Dr are currently
$1,147, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 42.5% of Colorado neighborhoods.
W 6th Ave / Arbutus Dr is an urban neighborhood (based on population
density) located in Lakewood, Colorado.
W 6th Ave / Arbutus Dr 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 small apartment buildings.
Most of the residential real estate is renter occupied. Many of
the residences in the W 6th Ave / Arbutus Dr 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.
In W 6th Ave / Arbutus Dr, the current vacancy rate is 1.8%,
which is a lower rate of vacancies than 92.7% of all neighborhoods
in the U.S. This means that the housing supply in W 6th Ave / Arbutus Dr
is very tight compared to the demand for property here.
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 Lakewood,
the W 6th Ave / Arbutus Dr neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Migration/Stability
Do you like to be surrounded by people from all over the country or world,
with different perspectives and life experiences? Or do you instead prefer
to be in a neighborhood where most residents have lived there for a long
time, creating a sense of cohesiveness? NeighborhoodScout's analysis
reveals that this neighborhood stands out among American neighborhoods
for the uniqueness of the mobility of its residents.
In the W 6th Ave / Arbutus Dr neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 98.5% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: People
The types of households in a neighborhood can tell a lot about the character
and lifestyle of those living here. NeighborhoodScout's exclusive analysis
reveals that this neighborhood, above nearly every neighborhood in America,
has a greater percentage of its residents living alone: 50.6%. This
is a higher percent living alone than we found in 97.8% of
all U.S. neighborhoods. Often residents who live alone are new arrivals
to an area who are single, and often senior citizens who have lost a spouse.
In addition, neighborhoodScout's analysis shows that the W 6th Ave / Arbutus Dr
neighborhood has a greater concentration of residents currently enrolled
in college than 96.3% of the neighborhoods in the U.S. With
14.3% of the population here attending college, this is very
much a college-focused neighborhood.
Notable & Unique: Diversity
Did you know that the W 6th Ave / Arbutus Dr neighborhood has more
French and Brazilian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 8.8% of
this neighborhood's residents have French ancestry and 0.7% have Brazilian ancestry.
Notable & Unique: Real Estate
In addition, one of the really unique and interesting things about the look and setting of the W 6th Ave / Arbutus Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 91.5% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.7% of all neighborhoods in America.
Furthermore, the W 6th Ave / Arbutus Dr neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 92.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the W 6th Ave / Arbutus Dr 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, 91.6% of the residential real estate here was built in this one time period.
The Neighbors: Income
There are two complementary 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 6th Ave / Arbutus Dr neighborhood in Lakewood are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 47.8% of the neighborhoods in America.
In addition, 10.6% 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 61.2%
of America's neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the W 6th Ave / Arbutus Dr neighborhood, 38.6%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 30.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(18.7%), and 12.3% in manufacturing and laborer occupations.
The Neighbors: 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 W 6th Ave / Arbutus Dr neighborhood in Lakewood, CO, residents
most commonly identify their ethnicity or ancestry as German
(19.6%). There are also a number of people of Mexican ancestry (9.7%) , and residents who report French roots (8.8%) , and some of the residents are also of Irish ancestry (8.3%) , along with some English ancestry residents (6.4%), among others.
The Neighbors: Languages
The most common language spoken in the W 6th Ave / Arbutus Dr
neighborhood is English, spoken by 90.4% of households.
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 W 6th Ave / Arbutus Dr neighborhood spend
between 15 and 30 minutes commuting one-way to work (42.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.4%) 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 (7.3%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.