Near Southwest median real estate price is $256,104, which is more expensive than 55.2% of the neighborhoods in Nebraska and 34.0% of the neighborhoods in the U.S.
The average rental price in Near Southwest is currently $913, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.4% of Nebraska neighborhoods.
Near Southwest is a densely urban neighborhood (based on population density) located in Lincoln, Nebraska.
Near 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Near Southwest neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 8.4% in Near Southwest. NeighborhoodScout analysis shows that this rate is lower than 45.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Lincoln, the Near Southwest 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 Near Southwest neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 65.5% 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 99.5% of the neighborhoods in America.
In addition, one of the unique characteristics of the Near Southwest neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.4% of the neighborhoods in America.
Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Near Southwest neighborhood is a fantastic option for bicycle commuters, as 7.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.2% of the neighborhoods in America.
Also, more people in Near Southwest choose to walk to work each day (24.2%) 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.
Real Estate
The Near Southwest neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 94.7% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, renter-occupied real estate is dominant in the Near Southwest neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.1%, which is higher than 98.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Furthermore, the real estate in the Near 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, 75.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.0% of American neighborhoods.
Occupations
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Near Southwest neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 13.5% of its workforce, this neighborhood has a greater concentration of government workers than 95.9% of U.S. neighborhoods.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Near Southwest neighborhood have a highly unusual car ownership. 20.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.3% of U.S. neighborhoods.
Diversity
Did you know that the Near Southwest neighborhood has more Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Dominican ancestry.
Near Southwest is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Near Southwest neighborhood in Lincoln are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.4% of U.S. neighborhoods. With 31.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.7% of U.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 Near Southwest neighborhood, 33.6% 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 30.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.9%), and 17.0% in clerical, assistant, and tech support 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 Near Southwest neighborhood is English, spoken by 79.4% of households. Other important languages spoken here include Spanish, Langs. of India and African languages.
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 Near Southwest neighborhood in Lincoln, NE, residents most commonly identify their ethnicity or ancestry as German (22.9%). There are also a number of people of Mexican ancestry (11.8%), and residents who report Irish roots (9.3%), and some of the residents are also of English ancestry (5.8%), along with some French ancestry residents (4.2%), among others. In addition, 14.6% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Near Southwest neighborhood spend under 15 minutes commuting one-way to work (43.9% of working residents), one of the shortest commutes across America.
Here most residents (50.1%) 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 (24.2%) and 7.9% 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.
