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Real Estate Prices & Overview

North Star Hills / Sherrelwood Estates median real estate price is $456,787, which is less expensive than 68.1% of Colorado neighborhoods and 35.2% of all U.S. neighborhoods.

The average rental price in North Star Hills / Sherrelwood Estates is currently $2,340, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.0% of Colorado neighborhoods.

North Star Hills / Sherrelwood Estates is an urban neighborhood (based on population density) located in Denver, Colorado.

North Star Hills / Sherrelwood Estates 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 North Star Hills / Sherrelwood Estates neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in North Star Hills / Sherrelwood Estates are 3.2%, which is lower than one will find in 78.6% of American neighborhoods. Demand for real estate in North Star Hills / Sherrelwood Estates is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 Denver, the North Star Hills / Sherrelwood Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the North Star Hills / Sherrelwood Estates neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the North Star Hills / Sherrelwood Estates community truly stands out from the rest in this regard.

In addition, north Star Hills / Sherrelwood Estates has the amazing distinction of housing more same sex couples living together than 97.7% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Modes of Transportation

In the North Star Hills / Sherrelwood Estates neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 25.2% of commuters carpool here, which is more than in 97.2% of all U.S. neighborhoods.

Diversity

Did you know that the North Star Hills / Sherrelwood Estates neighborhood has more Finnish and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Finnish ancestry and 55.3% have Mexican ancestry.

North Star Hills / Sherrelwood Estates is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.

The Neighbors

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 North Star Hills / Sherrelwood Estates 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 48.0% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 North Star Hills / Sherrelwood Estates neighborhood, 30.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.2%), and 18.0% in executive, management, and professional occupations.

Languages

The most common language spoken in the North Star Hills / Sherrelwood Estates neighborhood is Spanish, spoken by 53.0% of households. Some people also speak English (45.1%).

Ethnicity / Ancestry

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 North Star Hills / Sherrelwood Estates neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as Mexican (55.3%). There are also a number of people of German ancestry (9.8%), and residents who report Irish roots (7.3%), and some of the residents are also of Spanish ancestry (6.3%), along with some English ancestry residents (4.0%), among others. In addition, 27.5% 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 North Star Hills / Sherrelwood Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (32.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (51.0%) 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 (25.2%) and 6.8% of residents also hop out the door and walk to work for their daily commute. 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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