The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Diversity
Did you know that the Paragon Estates neighborhood has more
British and Iranian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.2% of
this neighborhood's residents have British ancestry and 1.0% have Iranian ancestry.
Paragon Estates is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily
speak Persian at home. While this may seem like a small percentage, it is higher
than 96.6% of the neighborhoods in America.
Notable & Unique: People
The rate of college educated adults in the Paragon Estates neighborhood
is a unique characteristic of the neighborhood. 72.8% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
97.3% of all U.S. neighborhoods.
In addition, if you are planning to retire in Colorado, this neighborhood
should be on your must-see list. For many reasons, Paragon Estates
may be considered a retiree's dream neighborhood. According to NeighborhoodScout's
exclusive analysis and metrics, it's peaceful and quiet, has above
average safety from crime compared to other neighborhoods in Colorado,
while also offering a diverse range of housing options. This, along with
the vibrant mix of very educated seniors and other age groups who choose
to live here, makes the neighborhood more
retiree-friendly than 95.2% of neighborhoods in
CO. If a Colorado retirement is in your future, this neighborhood
should be one of the places you visit.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for highly educated executives.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the Paragon Estates neighborhood has
a highly unusual pattern of car ownership.
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 24.7% of the households here have four, five,
or more cars. That is more cars per household than in 96.4% of
the neighborhoods in the nation.
Notable & Unique: Modes of Transportation
In the Paragon Estates neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 11.9% of residents worked from home. This may not
seem like a large number, but Scout's research shows that this is a higher
percentage of people working from home than 96.1% of the
neighborhoods in America. Often people who work from home are engaged in
the creative or technological economy, such as is found in areas around Boston,
and in Silicon Valley. Other times, people may be engaged in other businesses
like trading stocks from home, or running a small beauty salon.
Notable & Unique: Real Estate
In addition, with a real estate vacancy rate of only 0.0%, the Paragon Estates neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.