Canon City East median real estate price is $309,642, which is less expensive than 85.0% of Colorado neighborhoods and 49.6% of all U.S. neighborhoods.
The average rental price in Canon City East is currently $1,447, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.2% of Colorado neighborhoods.
Canon City East is a suburban neighborhood (based on population density) located in Canon City, Colorado.
Canon City East 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 Canon City East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Canon City East, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 84.8% of all neighborhoods in the U.S. This means that the housing supply in Canon City East is very tight compared to the demand for property here.
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 get around.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Canon City East neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Canon City East neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 66.3% 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 97.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Of particular note, 3.2% of the people in the Canon City East neighborhood currently reside in a correction facility, held due to punishment for a crime.
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 Canon City East neighborhood in Canon City are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.6% of U.S. neighborhoods. With 13.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.3% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Canon City East neighborhood, 44.6% 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 31.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.9%), and 11.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Canon City East neighborhood is English, spoken by 98.0% of households. Some people also speak Italian (6.1%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Canon City East neighborhood in Canon City, CO, residents most commonly identify their ethnicity or ancestry as German (16.8%). There are also a number of people of Irish ancestry (12.0%), and residents who report English roots (10.4%), and some of the residents are also of Italian ancestry (9.1%), along with some Mexican ancestry residents (6.1%), among others.
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 Canon City East neighborhood spend under 15 minutes commuting one-way to work (66.3% of working residents), one of the shortest commutes across America.
Here most residents (71.0%) 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 (12.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.