Gatehouse median real estate price is $506,105, which is more expensive than 47.5% of the neighborhoods in Colorado and 73.5% of the neighborhoods in the U.S.
The average rental price in Gatehouse is currently $3,670, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.1% of the neighborhoods in Colorado.
Gatehouse is an urban neighborhood (based on population density) located in Colorado Springs, Colorado.
Gatehouse real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Gatehouse 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 Gatehouse, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Gatehouse is very tight compared to the demand for property here.
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 Colorado Springs, the Gatehouse neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Gatehouse neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, one way that the Gatehouse neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.5% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 98.1% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Gatehouse neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
In addition, the Gatehouse neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 92.7% of Colorado neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates and families with school-aged children.
Did you know that the Gatehouse neighborhood has more Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Slovak ancestry.
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 Gatehouse neighborhood in Colorado Springs are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 90.8% of the neighborhoods in America. In addition, 5.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 63.7% of America'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 Gatehouse neighborhood, 56.3% 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 22.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.9%), and 9.1% in manufacturing and laborer occupations.
The most common language spoken in the Gatehouse neighborhood is English, spoken by 97.0% of households.
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 Gatehouse neighborhood in Colorado Springs, CO, residents most commonly identify their ethnicity or ancestry as German (25.9%). There are also a number of people of Irish ancestry (12.4%), and residents who report English roots (12.1%), and some of the residents are also of Mexican ancestry (5.4%), along with some Italian ancestry residents (3.9%), 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 Gatehouse neighborhood spend between 15 and 30 minutes commuting one-way to work (54.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.5%) 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 (10.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.