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
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.
Notable & Unique: Migration/Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
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
One of the most interesting things about the W 6th Ave / Arbutus Dr
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 50.6% of the
households here made up of people living alone, NeighborhoodScout's research
reveals that this is a larger proportion of people living alone than in
97.8% of the neighborhoods in America.
In addition, an extraordinary 14.3% of the residents of the
W 6th Ave / Arbutus Dr neighborhood are currently enrolled in college. This is
such a large part of life in this neighborhood that the neighborhood changes
a great deal with the change of semesters and is far quieter during
the summer when many students are away.
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, the real estate in the W 6th Ave / Arbutus Dr neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 91.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.7% of American neighborhoods.
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
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 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
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 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
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 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
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 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.