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Real Estate Prices & Overview

Person Park median real estate price is $473,981, which is more expensive than 70.2% of the neighborhoods in Idaho and 69.2% of the neighborhoods in the U.S.

The average rental price in Person Park is currently $2,030, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.4% of the neighborhoods in Idaho.

Person Park is an urban neighborhood (based on population density) located in Coeur d'Alene, Idaho.

Person Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Person Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.8% in Person Park. NeighborhoodScout analysis shows that this rate is lower than 56.8% 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 Coeur d'Alene, the Person Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Person Park neighborhood has more Finnish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Finnish ancestry and 7.7% have Norwegian ancestry.

Person Park is also pretty special linguistically. Significantly, 8.6% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.2% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Person Park neighborhood. In the Person Park neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Person Park neighborhood in Coeur d'Alene are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.2% of the neighborhoods in America. In addition, 8.4% 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 55.5% of America's neighborhoods.

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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Person Park neighborhood, 29.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.2%), and 20.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Person Park neighborhood is English, spoken by 97.4% of households. Some people also speak Italian (8.6%).

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 Person Park neighborhood in Coeur d'Alene, ID, residents most commonly identify their ethnicity or ancestry as German (20.6%). There are also a number of people of Irish ancestry (16.8%), and residents who report English roots (11.3%), and some of the residents are also of Mexican ancestry (8.5%), along with some Norwegian ancestry residents (7.7%), among others.

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 Person Park neighborhood spend under 15 minutes commuting one-way to work (52.0% of working residents), one of the shortest commutes across America.

Here most residents (78.0%) 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 (10.2%) . 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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