This is a small community in a single neighborhood.
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What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Lochbuie is a somewhat small town located in the state of Colorado. With a population of 8,179 people and just one neighborhood, Lochbuie is the 62nd largest community in Colorado. There's nothing like the smell of a brand new house, and in Lochbuie, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Lochbuie, and putting down their money on brand new construction. Lochbuie’s real estate is, on average, some of the newest in the nation. Lochbuie does seem to be experiencing an influx of affluent people, because the median household income is $84,556.00.
Occupations and Workforce
Lochbuie is a blue-collar town, with 39.34% of people working in blue-collar occupations, while the average in America is just 27.7%. Overall, Lochbuie is a town of construction workers and builders, sales and office workers, and managers. There are especially a lot of people living in Lochbuie who work in management occupations (15.07%), office and administrative support (10.53%), and sales jobs (8.06%).
Setting & Lifestyle
In Lochbuie, however, the average commute to work is quite long. On average, people spend 37.33 minutes each day getting to work, which is significantly higher than the national average.
Being a small town, Lochbuie does not have a public transit system used by locals to get to and from work.
Demographics
The percentage of adults in Lochbuie with college degrees is slightly lower than the national average of 21.84% for all communities. 14.57% of adults in Lochbuie have a bachelor's degree or advanced degree.
The per capita income in Lochbuie in 2022 was $34,226, which is lower middle income relative to Colorado, and middle income relative to the rest of the US. This equates to an annual income of $136,904 for a family of four. However, Lochbuie contains both very wealthy and poor people as well.
Lochbuie is an extremely ethnically-diverse town. The people who call Lochbuie home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Lochbuie, accounting for 55.31% of the town’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Lochbuie residents report their race to be White, followed by Black or African-American. Important ancestries of people in Lochbuie include German, Irish, English, Italian, and Russian.
The most common language spoken in Lochbuie is English. Other important languages spoken here include Spanish and African languages.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Real Estate
If you like the look and ambience of new homes and newly built neighborhoods, you will love the neighborhood. A whopping 67.9% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.4% of the neighborhoods in the U.S. Everything here just feels new.
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 neighborhood in Lochbuie are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 63.9% of the neighborhoods in America. In addition, 3.7% 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 68.8% 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 neighborhood, 38.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.7%), and 12.0% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the neighborhood is English, spoken by 70.2% of households. Some people also speak Spanish (29.8%).
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the neighborhood in Lochbuie, CO, residents most commonly identify their ethnicity or ancestry as Mexican (46.7%). There are also a number of people of Irish ancestry (12.1%), and residents who report German roots (10.8%), and some of the residents are also of English ancestry (7.1%), along with some Italian ancestry residents (3.8%), among others. In addition, 11.8% 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 neighborhood spend between 45 minutes and one hour commuting one-way to work (42.7% of working residents), longer and tougher than most commutes in America.
Here most residents (83.9%) 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 (12.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
