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Real Estate Prices & Overview

Waterloo Southwest median real estate price is $202,019, which is more expensive than 53.2% of the neighborhoods in Iowa and 26.4% of the neighborhoods in the U.S.

The average rental price in Waterloo Southwest is currently $1,238, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.0% of Iowa neighborhoods.

Waterloo Southwest is a suburban neighborhood (based on population density) located in Waterloo, Iowa.

Waterloo Southwest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Waterloo Southwest 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 9.5% in Waterloo Southwest. NeighborhoodScout analysis shows that this rate is lower than 42.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Waterloo Southwest neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Waterloo Southwest neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 61.6% 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 96.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

With more than 1.8% of residents living with a same sex partner, Waterloo Southwest is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.1% of U.S. neighborhoods.

In addition, one of the really interesting characteristics about the Waterloo Southwest neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.4% of college-friendly places to live in the state of Iowa. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates.

Diversity

Did you know that the Waterloo Southwest neighborhood has more Yugoslav and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Yugoslav ancestry and 2.0% have Iranian ancestry.

Waterloo Southwest is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 95.5% of the neighborhoods in America.

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 Waterloo Southwest neighborhood in Waterloo are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.2% of the neighborhoods in America. With 14.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.2% 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 Waterloo Southwest neighborhood, 43.8% 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 23.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.1%), and 13.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Waterloo Southwest neighborhood is English, spoken by 93.6% of households.

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 Waterloo Southwest neighborhood in Waterloo, IA, residents most commonly identify their ethnicity or ancestry as German (30.9%). There are also a number of people of Irish ancestry (13.3%), and residents who report English roots (8.5%), and some of the residents are also of Norwegian ancestry (6.1%), along with some Mexican ancestry residents (4.5%), 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 Waterloo Southwest neighborhood spend under 15 minutes commuting one-way to work (61.6% of working residents), one of the shortest commutes across America.

Here most residents (88.8%) 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.


Real Estate includes:
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Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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