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Real Estate Prices & Overview

South Park Hill / Johnson & Wales University Denver median real estate price is $1,048,444, which is more expensive than 90.9% of the neighborhoods in Colorado and 92.5% of the neighborhoods in the U.S.

The average rental price in South Park Hill / Johnson & Wales University Denver is currently $2,857, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.7% of the neighborhoods in Colorado.

South Park Hill / Johnson & Wales University Denver is an urban neighborhood (based on population density) located in Denver, Colorado.

South Park Hill / Johnson & Wales University Denver real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the South Park Hill / Johnson & Wales University Denver neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

In South Park Hill / Johnson & Wales University Denver, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.9% of all neighborhoods in the U.S. This means that the housing supply in South Park Hill / Johnson & Wales University Denver 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.

People

Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the South Park Hill / Johnson & Wales University Denver neighborhood: a neighborhood in which more "urban sophisticates" live than 98.9% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for college students and highly educated executives.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 77.7% of the adults living in the South Park Hill / Johnson & Wales University Denver neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.1% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Also, with more than 1.7% of residents living with a same sex partner, South Park Hill / Johnson & Wales University Denver is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.6% of U.S. neighborhoods.

Occupations

Executives, managers and professionals make up 69.8% of the workforce in the South Park Hill / Johnson & Wales University Denver neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.3% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the South Park Hill / Johnson & Wales University Denver neighborhood has more Scots-Irish and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Scots-Irish ancestry and 0.7% have Brazilian ancestry.

South Park Hill / Johnson & Wales University Denver is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.5% of the neighborhoods in America.

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 South Park Hill / Johnson & Wales University Denver neighborhood in Denver 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 93.2% of the neighborhoods in America. In addition, 6.8% 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 59.1% 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 South Park Hill / Johnson & Wales University Denver neighborhood, 69.8% 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 17.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.2%), and 5.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the South Park Hill / Johnson & Wales University Denver neighborhood is English, spoken by 92.1% of households. Some people also speak Spanish (2.9%).

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 South Park Hill / Johnson & Wales University Denver neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as German (21.7%). There are also a number of people of Irish ancestry (18.1%), and residents who report English roots (13.2%), and some of the residents are also of Italian ancestry (4.7%), along with some Mexican ancestry residents (3.7%), 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 South Park Hill / Johnson & Wales University Denver neighborhood spend between 15 and 30 minutes commuting one-way to work (57.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (61.0%) 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 (5.8%) . 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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