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Real Estate Prices & Overview

Median real estate price in the City Center of Marion is $209,033, which is more expensive than 51.3% of the neighborhoods in Iowa and 24.6% of the neighborhoods in the U.S.

The average rental price in Marion City Center is currently $1,792, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.1% of the neighborhoods in Iowa.

Marion City Center is a suburban neighborhood (based on population density) located in Marion, Iowa.

Real estate in the City Center of Marion, IA is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Marion City Center are 5.3%, which is lower than one will find in 64.5% of American neighborhoods. Demand for real estate in Marion City Center is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Diversity

Did you know that the Marion City Center neighborhood has more Swedish and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.7% of this neighborhood's residents have Swedish ancestry and 49.6% have German ancestry.

The Neighbors

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 City Center neighborhood in Marion are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.4% of the neighborhoods in America. In addition, 6.7% 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 59.4% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Marion City Center neighborhood, 33.5% 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 31.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.9%), and 14.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Marion City Center neighborhood is English, spoken by 98.3% of households. Some people also speak Polish (3.8%).

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 City Center neighborhood in Marion, IA, residents most commonly identify their ethnicity or ancestry as German (49.6%). There are also a number of people of Irish ancestry (14.8%), and residents who report English roots (11.2%), and some of the residents are also of Swedish ancestry (10.7%), along with some Norwegian ancestry residents (5.6%), among others.

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 Marion City Center neighborhood spend between 15 and 30 minutes commuting one-way to work (52.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.6%) 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 (10.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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