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Real Estate Prices & Overview

Kensington Downs / Newfield median real estate price is $285,322, which is more expensive than 71.6% of the neighborhoods in Indiana and 39.6% of the neighborhoods in the U.S.

The average rental price in Kensington Downs / Newfield is currently $1,450, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.5% of Indiana neighborhoods.

Kensington Downs / Newfield is a suburban neighborhood (based on population density) located in Fort Wayne, Indiana.

Kensington Downs / Newfield 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 Kensington Downs / Newfield 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 Kensington Downs / Newfield are 3.3%, which is lower than one will find in 77.9% of American neighborhoods. Demand for real estate in Kensington Downs / Newfield 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.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Fort Wayne, the Kensington Downs / Newfield neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.8% of residents in the Kensington Downs / Newfield neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Kensington Downs / Newfield neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 10.6% executive lifestyle neighborhoods in the state of Indiana.

Diversity

Did you know that the Kensington Downs / Newfield neighborhood has more Austrian and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Austrian ancestry and 1.5% have Swiss 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 Kensington Downs / Newfield neighborhood in Fort Wayne are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.0% of the neighborhoods in America. In addition, 7.5% 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 57.2% 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 Kensington Downs / Newfield neighborhood, 42.8% 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 21.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.0%), and 17.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Kensington Downs / Newfield neighborhood is English, spoken by 99.8% of households. Some people also speak Polish (2.7%).

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 Kensington Downs / Newfield neighborhood in Fort Wayne, IN, residents most commonly identify their ethnicity or ancestry as German (36.3%). There are also a number of people of English ancestry (21.1%), and residents who report Irish roots (8.0%), and some of the residents are also of Italian ancestry (4.9%), along with some Polish ancestry residents (3.9%), 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 Kensington Downs / Newfield neighborhood spend between 15 and 30 minutes commuting one-way to work (64.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.2%) 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 (6.3%) . 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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