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Real Estate Prices & Overview

S Lincoln Ave / Pine Grove Rd median real estate price is $764,533, which is more expensive than 71.3% of the neighborhoods in Colorado and 84.3% of the neighborhoods in the U.S.

The average rental price in S Lincoln Ave / Pine Grove Rd is currently $3,683, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.2% of the neighborhoods in Colorado.

S Lincoln Ave / Pine Grove Rd is a suburban neighborhood (based on population density) located in Steamboat Springs, Colorado.

S Lincoln Ave / Pine Grove Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the S Lincoln Ave / Pine Grove Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in S Lincoln Ave / Pine Grove Rd. The current real estate vacancy rate here is 57.6%. This is higher than the rate of vacancies in 99.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (45.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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

Despite all of the residential real estate here in the S Lincoln Ave / Pine Grove Rd neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 57.6%, which is higher than 99.2% of all U.S. neighborhoods.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the S Lincoln Ave / Pine Grove Rd neighborhood is a fantastic option for bicycle commuters, as 6.9% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.9% of the neighborhoods in America.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the S Lincoln Ave / Pine Grove Rd neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 68.5% 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 98.2% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

If you're planning where to retire, the S Lincoln Ave / Pine Grove Rd neighborhood in Steamboat Springs is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in CO, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.1% of the neighborhoods in Colorado. If you are considering retiring to Colorado, this is a good neighborhood to look at.

Diversity

Did you know that the S Lincoln Ave / Pine Grove Rd neighborhood has more Hungarian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.9% of this neighborhood's residents have Hungarian ancestry and 4.8% have Russian ancestry.

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 S Lincoln Ave / Pine Grove Rd neighborhood in Steamboat Springs are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.7% of the neighborhoods in America. With 16.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.2% 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 S Lincoln Ave / Pine Grove Rd neighborhood, 53.0% 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 21.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.7%), and 10.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the S Lincoln Ave / Pine Grove Rd neighborhood is English, spoken by 98.1% of households.

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 S Lincoln Ave / Pine Grove Rd neighborhood in Steamboat Springs, CO, residents most commonly identify their ethnicity or ancestry as German (22.7%). There are also a number of people of Irish ancestry (21.6%), and residents who report English roots (8.9%), and some of the residents are also of Italian ancestry (6.6%), along with some Polish ancestry residents (6.3%), 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 S Lincoln Ave / Pine Grove Rd neighborhood spend under 15 minutes commuting one-way to work (68.5% of working residents), one of the shortest commutes across America.

Here most residents (65.6%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (6.9%) and 6.5% of residents also carpool with coworkers, friends, or neighbors 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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