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Real Estate Prices & Overview

Elmendorf Park median real estate price is $413,733, which is less expensive than 75.0% of Colorado neighborhoods and 40.9% of all U.S. neighborhoods.

The average rental price in Elmendorf Park is currently $2,664, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.7% of the neighborhoods in Colorado.

Elmendorf Park is an urban neighborhood (based on population density) located in Denver, Colorado.

Elmendorf Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Elmendorf Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Elmendorf Park, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 92.3% of all neighborhoods in the U.S. This means that the housing supply in Elmendorf Park is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Elmendorf Park neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 35.4% of the households here have four, five, or more cars. That is more cars per household than in 96.3% of the neighborhoods in the nation.

Modes of Transportation

Our research shows that more people carpool to work here in the Elmendorf Park (23.1%) than in 95.9% of the neighborhoods in America.

Diversity

Did you know that the Elmendorf Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 67.1% of this neighborhood's residents have Mexican ancestry.

Elmendorf Park is also pretty special linguistically. Significantly, 62.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.1% of all U.S. neighborhoods.

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 Elmendorf Park neighborhood in Denver are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.2% of the neighborhoods in America. In addition, 9.7% 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 51.4% of America'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 Elmendorf Park neighborhood, 40.4% of the working population is employed in manufacturing and laborer 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 24.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.3%), and 14.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Elmendorf Park neighborhood is Spanish, spoken by 62.2% of households. Some people also speak English (35.8%).

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 Elmendorf Park neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as Mexican (67.1%). There are also a number of people of English ancestry (5.5%), and residents who report Spanish roots (2.2%), and some of the residents are also of German ancestry (1.6%), along with some Asian ancestry residents (1.3%), among others. In addition, 35.1% of the residents of this neighborhood were born in another country.

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 Elmendorf Park neighborhood spend between 15 and 30 minutes commuting one-way to work (36.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.5%) 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 (23.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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