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Real Estate Prices & Overview

E Colfax Ave / N Coquillard Dr median real estate price is $259,923, which is more expensive than 65.4% of the neighborhoods in Indiana and 34.9% of the neighborhoods in the U.S.

The average rental price in E Colfax Ave / N Coquillard Dr is currently $2,264, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.5% of the neighborhoods in Indiana.

E Colfax Ave / N Coquillard Dr is a suburban neighborhood (based on population density) located in South Bend, Indiana.

E Colfax Ave / N Coquillard Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the E Colfax Ave / N Coquillard Dr 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 6.5% in E Colfax Ave / N Coquillard Dr. NeighborhoodScout analysis shows that this rate is lower than 57.0% 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.

Real Estate

Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the E Colfax Ave / N Coquillard Dr neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.7% of all American neighborhoods.

People

Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the E Colfax Ave / N Coquillard Dr neighborhood: a neighborhood in which more "urban sophisticates" live than 98.5% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the E Colfax Ave / N Coquillard Dr neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.3% 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 96.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the E Colfax Ave / N Coquillard Dr neighborhood has more Hungarian and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Hungarian ancestry and 0.9% have Belgian 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 E Colfax Ave / N Coquillard Dr neighborhood in South Bend are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.3% of the neighborhoods in America. In addition, 7.0% 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 58.6% of America'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 E Colfax Ave / N Coquillard Dr neighborhood, 68.8% 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 15.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.1%), and 6.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the E Colfax Ave / N Coquillard Dr neighborhood is English, spoken by 96.9% of households.

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 E Colfax Ave / N Coquillard Dr neighborhood in South Bend, IN, residents most commonly identify their ethnicity or ancestry as German (26.9%). There are also a number of people of Irish ancestry (23.9%), and residents who report English roots (14.6%), and some of the residents are also of Italian ancestry (11.0%), along with some Polish ancestry residents (9.7%), among others.

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 E Colfax Ave / N Coquillard Dr neighborhood spend under 15 minutes commuting one-way to work (62.3% of working residents), one of the shortest commutes across America.

Here most residents (74.1%) 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 (9.7%) . 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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