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Real Estate Prices & Overview

Marshalltown Southeast median real estate price is $116,455, which is less expensive than 85.3% of Iowa neighborhoods and 91.7% of all U.S. neighborhoods.

The average rental price in Marshalltown Southeast is currently $1,325, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.9% of the neighborhoods in Iowa.

Marshalltown Southeast is a rural neighborhood (based on population density) located in Marshalltown, Iowa.

Marshalltown Southeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Marshalltown Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.4% in Marshalltown Southeast. NeighborhoodScout analysis shows that this rate is lower than 57.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Marshalltown Southeast neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 66.9% 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 97.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

More people work in manufacturing and as laborers here in the Marshalltown Southeast neighborhood than in 97.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Modes of Transportation

In the Marshalltown Southeast neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 25.7% of commuters carpool here, which is more than in 97.4% of all U.S. neighborhoods.

Diversity

Did you know that the Marshalltown Southeast neighborhood has more Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have Dominican ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Marshalltown Southeast neighborhood in Marshalltown are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.4% of U.S. neighborhoods. With 21.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.0% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Marshalltown Southeast neighborhood, 46.6% of the working population is employed in manufacturing and laborer 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 26.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.9%), and 10.9% in clerical, assistant, and tech support occupations.

Languages

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 Marshalltown Southeast neighborhood is English, spoken by 54.8% of households. Other important languages spoken here include Spanish and Italian.

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 Marshalltown Southeast neighborhood in Marshalltown, IA, residents most commonly identify their ethnicity or ancestry as Mexican (36.8%). There are also a number of people of German ancestry (11.3%), and residents who report Irish roots (6.9%), and some of the residents are also of Asian ancestry (4.6%), along with some Dominican ancestry residents (3.7%), among others. In addition, 28.0% 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 Marshalltown Southeast neighborhood spend under 15 minutes commuting one-way to work (66.9% of working residents), one of the shortest commutes across America.

Here most residents (67.8%) 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 (25.7%) . 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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