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Real Estate Prices & Overview

Median real estate price in the City Center of Lamar is $99,077, which is less expensive than 98.9% of Colorado neighborhoods and 94.9% of all U.S. neighborhoods.

The average rental price in Lamar City Center is currently $1,292, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.3% of Colorado neighborhoods.

Lamar City Center is a suburban neighborhood (based on population density) located in Lamar, Colorado.

Real estate in the City Center of Lamar, CO is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center 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.

Vacant apartments or homes are a major fact of life in Lamar City Center. The current real estate vacancy rate here is 28.3%. This is higher than the rate of vacancies in 93.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Lamar, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Lamar City Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Lamar City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 87.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

Of particular note, 2.5% of the people in the City Center neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, the Lamar City Center neighborhood stands out within Colorado for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8.8% of college-friendly places to live in CO.

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 City Center neighborhood in Lamar are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.1% of U.S. neighborhoods. With 21.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.5% of U.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 Lamar City Center neighborhood, 39.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 30.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.7%), and 12.8% in executive, management, and professional occupations.

Languages

The most common language spoken in the Lamar City Center neighborhood is English, spoken by 72.2% of households. Some people also speak Spanish (27.5%).

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 City Center neighborhood in Lamar, CO, residents most commonly identify their ethnicity or ancestry as Mexican (42.9%). There are also a number of people of German ancestry (10.4%), and residents who report English roots (10.0%), and some of the residents are also of Irish ancestry (2.5%), along with some Scottish ancestry residents (1.9%), among others. In addition, 10.0% of the residents of this neighborhood were born in another country.

Getting to Work

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 Lamar City Center neighborhood spend under 15 minutes commuting one-way to work (87.0% of working residents), one of the shortest commutes across America.

Here most residents (86.3%) 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 (8.2%) . 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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Economics & Demographics include:
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Crime includes:
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Schools include:
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