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Real Estate Prices & Overview

Red Cedar median real estate price is $243,878, which is more expensive than 51.1% of the neighborhoods in Michigan and 31.5% of the neighborhoods in the U.S.

The average rental price in Red Cedar is currently $1,215, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.8% of Michigan neighborhoods.

Red Cedar is an urban neighborhood (based on population density) located in East Lansing, Michigan.

Red Cedar 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Red Cedar neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Red Cedar has a 14.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 East Lansing, the Red Cedar 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 12.5% of residents in the Red Cedar neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, more people in Red Cedar choose to walk to work each day (18.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

NeighborhoodScout's analysis shows that the Red Cedar neighborhood has a greater concentration of residents currently enrolled in college than 99.3% of the neighborhoods in the U.S. With 54.9% of the population here attending college, this is very much a college-focused neighborhood.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Red Cedar neighborhood. In the Red Cedar neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Red Cedar neighborhood has more Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Yugoslav ancestry.

Red Cedar is also pretty special linguistically. Significantly, 9.5% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 97.9% 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 Red Cedar neighborhood in East Lansing are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.6% of U.S. neighborhoods. In addition, 3.6% 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 69.5% 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 Red Cedar neighborhood, 48.1% 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 24.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.0%), and 5.7% in manufacturing and laborer 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 Red Cedar neighborhood is English, spoken by 78.5% of households. Other important languages spoken here include Polish, Spanish, Chinese and Langs. of India.

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 Red Cedar neighborhood in East Lansing, MI, residents most commonly identify their ethnicity or ancestry as Asian (12.7%). There are also a number of people of German ancestry (11.1%), and residents who report English roots (7.7%), and some of the residents are also of South American ancestry (4.9%), along with some Irish ancestry residents (2.9%), among others. In addition, 16.3% 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 Red Cedar neighborhood spend under 15 minutes commuting one-way to work (48.1% of working residents), one of the shortest commutes across America.

Here most residents (45.3%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (18.6%) and 12.5% of residents also bicycle for their daily commute. 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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