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Real Estate Prices & Overview

Fairfax West median real estate price is $201,503, which is more expensive than 47.5% of the neighborhoods in Iowa and 27.5% of the neighborhoods in the U.S.

The average rental price in Fairfax West is currently $943, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.0% of Iowa neighborhoods.

Fairfax West is a suburban neighborhood (based on population density) located in Cedar Rapids, Iowa.

Fairfax West real estate 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 owner occupied. Many of the residences in the Fairfax West neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Fairfax West, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 85.0% of all neighborhoods in the U.S. This means that the housing supply in Fairfax West is very tight compared to the demand for property here.

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

Homes built from 2000 through today make up a higher proportion of the Fairfax West neighborhood's real estate landscape than 96.6% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 72.9% of the residential real estate here is classified as newer.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Fairfax West neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 96.6% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Diversity

Did you know that the Fairfax West neighborhood has more Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Czechoslovakian 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 Fairfax West neighborhood in Cedar Rapids are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.3% of the neighborhoods in America. In addition, 6.0% 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 62.1% 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 Fairfax West neighborhood, 40.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.0%), and 11.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Fairfax West neighborhood is English, spoken by 88.1% of households. Some people also speak Spanish (9.2%).

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 Fairfax West neighborhood in Cedar Rapids, IA, residents most commonly identify their ethnicity or ancestry as German (30.9%). There are also a number of people of Irish ancestry (11.4%), and residents who report English roots (6.3%), and some of the residents are also of Mexican ancestry (3.7%), along with some Swedish ancestry residents (3.4%), among others.

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 Fairfax West neighborhood spend between 15 and 30 minutes commuting one-way to work (58.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.2%) 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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