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Real Estate Prices & Overview

Norfolk North median real estate price is $210,764, which is more expensive than 32.4% of the neighborhoods in Nebraska and 21.5% of the neighborhoods in the U.S.

The average rental price in Norfolk North is currently $1,217, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.5% of Nebraska neighborhoods.

Norfolk North is a rural neighborhood (based on population density) located in Norfolk, Nebraska.

Norfolk North 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 Norfolk North 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 Norfolk North are 5.1%, which is lower than one will find in 64.9% of American neighborhoods. Demand for real estate in Norfolk North 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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Norfolk North neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Norfolk North neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 74.2% 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 99.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

One of the most interesting things about the Norfolk North neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 49.4% 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 95.1% of the neighborhoods in America.

Diversity

Did you know that the Norfolk North neighborhood has more Yugoslav and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.6% of this neighborhood's residents have Yugoslav ancestry and 3.3% have Native American ancestry.

The Neighbors

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 Norfolk North neighborhood in Norfolk are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.3% of U.S. neighborhoods. With 16.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.5% 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 Norfolk North neighborhood, 31.4% 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 28.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.7%), and 19.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Norfolk North neighborhood is English, spoken by 82.5% of households. Some people also speak Spanish (11.1%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Norfolk North neighborhood in Norfolk, NE, residents most commonly identify their ethnicity or ancestry as German (34.8%). There are also a number of people of Mexican ancestry (12.4%), and residents who report Irish roots (10.6%), and some of the residents are also of English ancestry (4.3%), along with some Asian ancestry residents (4.1%), among others. In addition, 10.2% 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 Norfolk North neighborhood spend under 15 minutes commuting one-way to work (74.2% of working residents), one of the shortest commutes across America.

Here most residents (72.3%) 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 (17.4%) . 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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