Lower Skyway / Skyway median real estate price is $502,352, which is more expensive than 45.7% of the neighborhoods in Colorado and 72.6% of the neighborhoods in the U.S.
The average rental price in Lower Skyway / Skyway is currently $2,099, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.1% of Colorado neighborhoods.
Lower Skyway / Skyway is a suburban neighborhood (based on population density) located in Colorado Springs, Colorado.
Lower Skyway / Skyway real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lower Skyway / Skyway neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Lower Skyway / Skyway, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 84.7% of all neighborhoods in the U.S. This means that the housing supply in Lower Skyway / Skyway is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
With 2.9% of employed workers living in the Lower Skyway / Skyway neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.7% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
There is an especially high percentage of incarcerated people (0.9%) living in the Lower Skyway / Skyway neighborhood.
Significantly, 1.7% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 95.3% of the neighborhoods in America.
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 Lower Skyway / Skyway neighborhood in Colorado Springs are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.1% of U.S. neighborhoods. With 17.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.5% of U.S. neighborhoods.
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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Lower Skyway / Skyway neighborhood, 53.5% 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 23.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.8%), and 10.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Lower Skyway / Skyway neighborhood is English, spoken by 87.9% of households. Some people also speak Spanish (4.6%).
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 Lower Skyway / Skyway neighborhood in Colorado Springs, CO, residents most commonly identify their ethnicity or ancestry as German (19.2%). There are also a number of people of Irish ancestry (13.9%), and residents who report English roots (12.0%), and some of the residents are also of Mexican ancestry (9.8%), along with some Italian ancestry residents (5.7%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Lower Skyway / Skyway neighborhood spend between 15 and 30 minutes commuting one-way to work (43.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (85.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.