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Real Estate Prices & Overview

W Michigan Ave / Cherbourg Dr median real estate price is $255,920, which is more expensive than 60.1% of the neighborhoods in Michigan and 37.9% of the neighborhoods in the U.S.

The average rental price in W Michigan Ave / Cherbourg Dr is currently $1,439, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.3% of Michigan neighborhoods.

W Michigan Ave / Cherbourg Dr is a suburban neighborhood (based on population density) located in Lansing, Michigan.

W Michigan Ave / Cherbourg Dr 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 W Michigan Ave / Cherbourg Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in W Michigan Ave / Cherbourg Dr are 6.2%, which is lower than one will find in 60.2% of American neighborhoods. Demand for real estate in W Michigan Ave / Cherbourg Dr 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 Lansing, the W Michigan Ave / Cherbourg Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the most interesting things about the W Michigan Ave / Cherbourg Dr neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 54.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.5% of the neighborhoods in America.

Real Estate

The real estate in the W Michigan Ave / Cherbourg Dr neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 72.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.4% of American neighborhoods.

Diversity

Did you know that the W Michigan Ave / Cherbourg Dr neighborhood has more Ukrainian and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Ukrainian ancestry and 3.2% have Cuban ancestry.

W Michigan Ave / Cherbourg Dr is also pretty special linguistically. Significantly, 2.3% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 95.2% of the neighborhoods in America.

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 W Michigan Ave / Cherbourg Dr neighborhood. In the W Michigan Ave / Cherbourg Dr neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 W Michigan Ave / Cherbourg Dr neighborhood in Lansing are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.2% 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 69.7% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the W Michigan Ave / Cherbourg Dr neighborhood, 30.3% 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 25.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (25.3%), and 18.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 W Michigan Ave / Cherbourg Dr neighborhood is English, spoken by 87.2% of households. Other important languages spoken here include Spanish and Vietnamese.

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 W Michigan Ave / Cherbourg Dr neighborhood in Lansing, MI, residents most commonly identify their ethnicity or ancestry as German (25.0%). There are also a number of people of Irish ancestry (13.9%), and residents who report English roots (10.3%), and some of the residents are also of Asian ancestry (6.0%), along with some Sub-Saharan African ancestry residents (4.8%), 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 W Michigan Ave / Cherbourg Dr neighborhood spend under 15 minutes commuting one-way to work (52.3% of working residents), one of the shortest commutes across America.

Here most residents (74.6%) 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 (13.5%) . 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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