Louisa median real estate price is $105,963, which is less expensive than 92.3% of Iowa neighborhoods and 94.8% of all U.S. neighborhoods.
The average rental price in Louisa is currently $1,494, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.2% of the neighborhoods in Iowa.
Louisa is a suburban neighborhood (based on population density) located in Cedar Rapids, Iowa.
Louisa 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 small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Louisa 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.
Real estate vacancies in Louisa are 5.0%, which is lower than one will find in 65.6% of American neighborhoods. Demand for real estate in Louisa 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
One of the really unique and interesting things about the look and setting of the Louisa neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 70.1% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.0% of all neighborhoods in America.
Did you know that the Louisa neighborhood has more Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Belgian ancestry.
Louisa is also pretty special linguistically. Significantly, 6.2% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 98.0% of the neighborhoods in America.
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 Louisa neighborhood in Cedar Rapids are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.4% of U.S. neighborhoods. In addition, 9.2% 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 51.9% 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 Louisa neighborhood, 37.1% 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 24.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.8%), and 15.5% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Louisa neighborhood is English, spoken by 74.3% of households. Other important languages spoken here include Spanish and Langs. of India.
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 Louisa neighborhood in Cedar Rapids, IA, residents most commonly identify their ethnicity or ancestry as German (24.0%). There are also a number of people of Asian ancestry (18.4%), and residents who report English roots (9.3%), and some of the residents are also of Irish ancestry (8.7%), along with some Mexican ancestry residents (4.5%), among others. In addition, 20.7% of the residents of this neighborhood were born in another country.
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 Louisa neighborhood spend under 15 minutes commuting one-way to work (51.6% of working residents), one of the shortest commutes across America.
Here most residents (87.8%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.