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Real Estate Prices & Overview

Grand Forks Southwest median real estate price is $297,692, which is more expensive than 56.0% of the neighborhoods in North Dakota and 39.6% of the neighborhoods in the U.S.

The average rental price in Grand Forks Southwest is currently $1,317, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.8% of the neighborhoods in North Dakota.

Grand Forks Southwest is a suburban neighborhood (based on population density) located in Grand Forks, North Dakota.

Grand Forks Southwest 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 Grand Forks Southwest 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 Grand Forks Southwest are 4.3%, which is lower than one will find in 71.3% of American neighborhoods. Demand for real estate in Grand Forks Southwest 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

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.

Occupations

The Grand Forks Southwest neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.1% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Grand Forks Southwest neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 63.4% 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 97.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 51.2%. This is a higher percent living alone than we found in 96.3% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Real Estate

The real estate in the Grand Forks Southwest 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, 69.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.0% of American neighborhoods.

Diversity

Did you know that the Grand Forks Southwest neighborhood has more Norwegian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.7% of this neighborhood's residents have Norwegian ancestry and 1.3% have Yugoslav 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 Grand Forks Southwest neighborhood in Grand Forks are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.8% of U.S. neighborhoods. With 26.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.2% of U.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 Grand Forks Southwest neighborhood, 49.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 16.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.6%), and 16.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Grand Forks Southwest neighborhood is English, spoken by 91.9% of households. Some people also speak Spanish (2.1%).

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 Grand Forks Southwest neighborhood in Grand Forks, ND, residents most commonly identify their ethnicity or ancestry as German (35.5%). There are also a number of people of Norwegian ancestry (21.7%), and residents who report English roots (6.3%), and some of the residents are also of Polish ancestry (6.2%), along with some Irish ancestry residents (4.7%), 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 Grand Forks Southwest neighborhood spend under 15 minutes commuting one-way to work (63.4% of working residents), one of the shortest commutes across America.

Here most residents (71.8%) 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 (17.6%) . 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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