menu






Real Estate Prices & Overview

East Lake median real estate price is $300,943, which is less expensive than 90.4% of Colorado neighborhoods and 59.6% of all U.S. neighborhoods.

The average rental price in East Lake is currently $1,670, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.0% of Colorado neighborhoods.

East Lake is an urban neighborhood (based on population density) located in Colorado Springs, Colorado.

East Lake real estate 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 East Lake neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in East Lake are 3.5%, which is lower than one will find in 77.2% of American neighborhoods. Demand for real estate in East Lake 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

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.

Modes of Transportation

Our research shows that more people carpool to work here in the East Lake (32.8%) than in 99.3% of the neighborhoods in America.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the East Lake neighborhood has more single mother households than 96.1% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Diversity

Did you know that the East Lake neighborhood has more French Canadian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have French Canadian ancestry and 1.1% have Austrian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the East Lake neighborhood in Colorado Springs are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.6% of U.S. neighborhoods. With 38.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.0% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the East Lake neighborhood, 35.1% 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 32.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.4%), and 11.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the East Lake neighborhood is English, spoken by 88.0% of households. Some people also speak Spanish (10.8%).

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 East Lake neighborhood in Colorado Springs, CO, residents most commonly identify their ethnicity or ancestry as Mexican (24.5%). There are also a number of people of German ancestry (14.2%), and residents who report Irish roots (10.4%), and some of the residents are also of English ancestry (8.2%), along with some French Canadian ancestry residents (3.0%), 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 East Lake neighborhood spend between 15 and 30 minutes commuting one-way to work (57.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (52.7%) 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 (32.8%) and 6.2% of residents also hop out the door and walk to work 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.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby