E 58th St / 10th Ave S median real estate price is $360,943, which is more expensive than 83.7% of the neighborhoods in Minnesota and 71.1% of the neighborhoods in the U.S.
The average rental price in E 58th St / 10th Ave S is currently $1,825, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.5% of the neighborhoods in Minnesota.
E 58th St / 10th Ave S is an urban neighborhood (based on population density) located in Minneapolis, Minnesota.
E 58th St / 10th Ave S 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 E 58th St / 10th Ave S neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In E 58th St / 10th Ave S, the current vacancy rate is 3.5%, which is a lower rate of vacancies than 84.3% of all neighborhoods in the U.S. This means that the housing supply in E 58th St / 10th Ave S is very tight compared to the demand for property here.
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 Minneapolis, the E 58th St / 10th Ave S neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the E 58th St / 10th Ave S neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the E 58th St / 10th Ave S neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.8% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the E 58th St / 10th Ave S neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.
Owner-occupied real estate dominates the E 58th St / 10th Ave S neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.1% of neighborhoods in America.
Did you know that the E 58th St / 10th Ave S neighborhood has more Austrian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Austrian ancestry and 10.5% have Swedish ancestry.
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 58th St / 10th Ave S neighborhood in Minneapolis are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 92.0% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 E 58th St / 10th Ave S neighborhood, 57.9% 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 24.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.3%), and 8.7% in clerical, assistant, and tech support occupations.
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 E 58th St / 10th Ave S neighborhood is English, spoken by 94.4% of households. Other important languages spoken here include Spanish and Italian.
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 E 58th St / 10th Ave S neighborhood in Minneapolis, MN, residents most commonly identify their ethnicity or ancestry as German (28.4%). There are also a number of people of Irish ancestry (23.8%), and residents who report Norwegian roots (13.9%), and some of the residents are also of Swedish ancestry (10.5%), along with some English ancestry residents (8.7%), among others.
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 58th St / 10th Ave S neighborhood spend between 15 and 30 minutes commuting one-way to work (50.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (7.3%) and 6.9% of residents also carpool with coworkers, friends, or neighbors 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.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2018 (latest available). Updated annually. Please note: Unemployment data updated November 2020.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
School Details | Grades | Quality Rating Compared to MN* | Quality Rating Compared to Nation* |
---|---|---|---|
Centennial Elementary School
7315 Bloomington Ave S Richfield, MN 55423 |
PK-05 | ||
Field Community School
4645 4 Th Ave S Minneapolis, MN 55419 |
05-08 | ||
Hale Elementary School
1220 E 54 Th St Minneapolis, MN 55417 |
KG-04 | ||
Lk Nokomis Comm-Keewaydin Campus School
5209 30 Th Ave S Minneapolis, MN 55417 |
03-08 | ||
Lk Nokomis Comm-Wenonah Campus School
5625 23 Rd Ave S Minneapolis, MN 55417 |
KG-02 | ||
Richfield Middle School
7461 Oliver Ave S Richfield, MN 55423 |
06-08 | ||
Richfield Senior High School
7001 Harriet Ave S Richfield, MN 55423 |
09-12 | ||
Roosevelt Senior High School
4029 28 Th Ave S Minneapolis, MN 55406 |
09-12 | ||
Washburn Senior High School
201 W 49 Th St Minneapolis, MN 55419 |
09-12 | ||
* 10 is highest |
GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT
SEE ALL SCHOOLSAnalytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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