Real Estate Prices and Overview
Median real estate prices in the City Center of Lawrence are $117,669, which is more expensive than 61.5% of the neighborhoods
in Kansas and 32.4% of the
neighborhoods in the U.S.
Average rental prices in Lawrence City Center are currently
$623, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.0%
of the neighborhoods in Kansas.
Lawrence City Center is a suburban neighborhood (based on population
density) located in Lawrence, Kansas.
Real estate in the City Center of Lawrence, KS 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 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 1940 and 1969.
Real estate vacancies in Lawrence City Center are 5.8%,
which is lower than one will find in 70.9% of American
neighborhoods. Demand for real estate in Lawrence 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
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 Lawrence,
the City Center neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the Lawrence City Center neighborhood is a fantastic
option for bicycle commuters, as 7.3% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 98.8% of the neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Lawrence City Center neighborhood has more
Scots-Irish and Native American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.5% of
this neighborhood's residents have Scots-Irish ancestry and 4.5% have Native American ancestry.
Notable & Unique: People
For many reasons, Lawrence City Center is rated by NeighborhoodScout
as one of the top 3.4% of ideal neighborhoods for first-time
home buyers in the state of Kansas. Homes here are priced below
median housing values in the state, yet the neighborhood has a track
record according to NeighborhoodScout's exclusive neighborhood home
appreciation rates of above average real estate appreciation over the
last five years compared to other KS neighborhoods, protecting
your investment in your first home, while simultaneously making it
less risky for your lender. Not only does this neighborhood stand out
for combining price and home value stability or increases, it also is
a neighborhood with a high quality resident population according exclusive
data, meaning this is likely a good place to buy, live, and enjoy. While
many first time home buyers focus purely on low cost and convenient location,
which can risk your investment in your first home and put you in a less
than desirable neighborhood, this neighborhood is a true standout for
a lot of reasons, and definitely worth a look if you are a first time home buyer.
The Neighbors: Income
There are two complimentary 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 Lawrence are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 72.7% of U.S. neighborhoods.
With 27.7% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 70.5%
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 Lawrence City Center neighborhood, 35.9%
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 26.8% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(18.9%), and 17.9% in clerical, assistant, and tech support 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 Lawrence, KS, residents
most commonly identify their ethnicity or ancestry as German
(20.5%). There are also a number of people of Irish ancestry (9.5%) , and residents who report Mexican roots (5.7%) , and some of the residents are also of English ancestry (5.3%) , along with some Native American ancestry residents (4.5%), among others.
The Neighbors: Languages
The most common language spoken in the Lawrence City Center
neighborhood is English, spoken by 93.0% of households. Some people also speak Spanish (3.4%).
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 Lawrence City Center neighborhood spend
under 15 minutes commuting one-way to work (44.9% of working
residents), one of the shortest commutes across America.
Here most residents (73.6%) 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 (8.1%) and 7.3% of residents also bicycle 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.