Pinecliff median real estate price is $450,801, which is more expensive than 36.6% of the neighborhoods in Colorado and 68.6% of the neighborhoods in the U.S.
The average rental price in Pinecliff is currently $2,271, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.0% of Colorado neighborhoods.
Pinecliff is a suburban neighborhood (based on population density) located in Colorado Springs, Colorado.
Pinecliff real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Pinecliff 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 Pinecliff, 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 Pinecliff 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 Pinecliff 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 Pinecliff 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, most neighborhoods are composed of a mixture of ages of homes, but the Pinecliff stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 91.4% of the residential real estate here was built in this one time period.
With 2.4% of employed workers living in the Pinecliff neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.2% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Pinecliff neighborhood has more Canadian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Canadian ancestry and 6.2% have Scottish ancestry.
Pinecliff is also pretty special linguistically. Significantly, 1.6% 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 95.0% of the neighborhoods in America.
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 Pinecliff neighborhood in Colorado Springs are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.0% of the neighborhoods in America. In addition, 4.9% 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 65.7% 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 Pinecliff neighborhood, 57.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 17.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.0%), and 11.7% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Pinecliff neighborhood is English, spoken by 96.4% of households. Some people also speak Italian (4.6%).
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 Pinecliff neighborhood in Colorado Springs, CO, residents most commonly identify their ethnicity or ancestry as German (26.5%). There are also a number of people of Irish ancestry (11.6%), and residents who report English roots (7.4%), and some of the residents are also of Scottish ancestry (6.2%), along with some French ancestry residents (5.3%), 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 Pinecliff neighborhood spend between 15 and 30 minutes commuting one-way to work (55.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (89.1%) 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.