Real Estate Prices and Overview
Median real estate prices in the City Center of Coeur d'Alene are $190,485, which is more expensive than 74.1% of the neighborhoods
in Idaho and 58.8% of the
neighborhoods in the U.S.
Average rental prices in Coeur d'Alene City Center are currently
$777, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 42.9% of Idaho neighborhoods.
Coeur d'Alene City Center is a suburban neighborhood (based on population
density) located in Coeur d'Alene, Idaho.
Real estate in the City Center of Coeur d'Alene, ID is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Coeur d'Alene City Center has a 15.5% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
75.1% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 City Center neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Coeur d'Alene City Center neighborhood has more
Romanian and Austrian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.6% of
this neighborhood's residents have Romanian ancestry and 1.8% have Austrian ancestry.
Coeur d'Alene City Center is also pretty special linguistically. Significantly, 5.3% of its residents five years old and above primarily
speak South Asian languages at home. While this may seem like a small percentage, it is higher
than 97.2% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 5.4% of residents in
the Coeur d'Alene City Center neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
97.9% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Also, more people in Coeur d'Alene City Center choose to walk to work each day
(14.7%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute
is an important factor for one's quality of life. The Coeur d'Alene City Center
neighborhood stands out for its commute length, according to NeighborhoodScout's
Residents of the Coeur d'Alene City Center neighborhood have the pleasure
of having one of the shortest commutes to work of any neighborhood in
America. 63.6% 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 96.4% of U.S. neighborhoods. Less time commuting
means more time for other things in life.
Notable & Unique: People
According to NeighborhoodScout's research, Coeur d'Alene City Center is
better suited for first-time home buyers than 88.9%
of neighborhoods in the state. Most homes here are priced below the
state's median house value, yet maintain comparably good appreciation
rates over the last decade relative to other neighborhoods in Idaho.
Along with an exclusive multi-metric measure of neighborhood quality
developed by NeighborhoodScout that scores high here in this neighborhood,
this means that buying into the neighborhood
is not only an accessible option but considered a decent first time
home buyer choice for building equity in your first home, while being
in a quality neighborhood
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 City Center neighborhood in Coeur d'Alene are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 71.3% of U.S. neighborhoods.
With 30.2% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 73.6%
of U.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 Coeur d'Alene City Center neighborhood, 38.4%
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
executive, management, and professional occupations, with 31.2% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(17.1%), and 12.5% 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 City Center neighborhood in Coeur d'Alene, ID, residents
most commonly identify their ethnicity or ancestry as German
(22.5%). There are also a number of people of English ancestry (6.6%) , and residents who report Irish roots (4.2%) , and some of the residents are also of French ancestry (4.1%) , along with some Romanian ancestry residents (3.6%), among others.
The Neighbors: Languages
The most common language spoken in the Coeur d'Alene City Center
neighborhood is English, spoken by 91.5% of households. Some people also speak South Asian languages (5.3%).
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 Coeur d'Alene City Center neighborhood spend
under 15 minutes commuting one-way to work (63.6% of working
residents), one of the shortest commutes across America.
Here most residents (69.4%) drive alone in a private automobile to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (14.7%) and 7.2% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.