Real Estate Prices and Overview
W 4th St / Grand Ave median real estate prices are $113,372, which is more expensive than 54.1% of the neighborhoods
in Iowa and 30.4% of the
neighborhoods in the U.S.
Average rental prices in W 4th St / Grand Ave are currently
$562, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 76.1% of Iowa neighborhoods.
W 4th St / Grand Ave is a suburban neighborhood (based on population
density) located in Spencer, Iowa.
W 4th St / Grand Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 W 4th St / Grand Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 8.1% in
W 4th St / Grand Ave. NeighborhoodScout analysis shows that this rate is lower
than 56.5% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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: Diversity
Did you know that the W 4th St / Grand Ave neighborhood has more
Dutch and Danish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 6.3% of
this neighborhood's residents have Dutch ancestry and 1.9% have Danish ancestry.
Notable & Unique: Length of Commute
Regardless of the means by which residents commute, this neighborhood has
a length of commute that is notable.
Residents of the W 4th St / Grand Ave neighborhood have the pleasure
of having one of the shortest commutes to work of any neighborhood in
America. 76.0% of the residents have a commute time from
home to work (one way) of less than fifteen minutes. This is a higher
proportion of residents enjoying a short trip to work than NeighborhoodScout
found in 99.1% of U.S. neighborhoods. Less time commuting
means more time for other things in life.
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 4th St / Grand Ave neighborhood in Spencer are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 51.2% of the neighborhoods in America.
In addition, 9.4% 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 64.0%
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 4th St / Grand Ave neighborhood, 30.9%
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 27.8% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(24.3%), and 16.0% 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 4th St / Grand Ave neighborhood in Spencer, IA, residents
most commonly identify their ethnicity or ancestry as German
(30.8%). There are also a number of people of Irish ancestry (8.7%) , and residents who report Dutch roots (6.3%) , and some of the residents are also of Norwegian ancestry (4.8%) , along with some English ancestry residents (3.8%), among others.
The Neighbors: Languages
The most common language spoken in the W 4th St / Grand Ave
neighborhood is English, spoken by 94.5% of households. Some people also speak Spanish (4.5%).
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 4th St / Grand Ave neighborhood spend
under 15 minutes commuting one-way to work (76.0% of working
residents), one of the shortest commutes across America.
Here most residents (80.6%) 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 (12.8%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.