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Real Estate Prices & Overview

Third Ward / University of Wisconsin Eau Claire median real estate price is $287,382, which is more expensive than 61.4% of the neighborhoods in Wisconsin and 44.8% of the neighborhoods in the U.S.

The average rental price in Third Ward / University of Wisconsin Eau Claire is currently $1,256, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.8% of Wisconsin neighborhoods.

Third Ward / University of Wisconsin Eau Claire is an urban neighborhood (based on population density) located in Eau Claire, Wisconsin.

Third Ward / University of Wisconsin Eau Claire real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Third Ward / University of Wisconsin Eau Claire neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Third Ward / University of Wisconsin Eau Claire are 5.2%, which is lower than one will find in 66.6% of American neighborhoods. Demand for real estate in Third Ward / University of Wisconsin Eau Claire 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

In a nation where 1 out of every 4 children lives in poverty, the Third Ward / University of Wisconsin Eau Claire neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, an extraordinary 66.2% of the residents of the Third Ward / University of Wisconsin Eau Claire neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Also, one of the really interesting characteristics about the Third Ward / University of Wisconsin Eau Claire neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.5% of college-friendly places to live in the state of Wisconsin.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Third Ward / University of Wisconsin Eau Claire neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.3% of all American neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Third Ward / University of Wisconsin Eau Claire neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 69.0% 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 98.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

More people in Third Ward / University of Wisconsin Eau Claire choose to walk to work each day (19.4%) 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.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Third Ward / University of Wisconsin Eau Claire neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Third Ward / University of Wisconsin Eau Claire neighborhood has more Norwegian and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.2% of this neighborhood's residents have Norwegian ancestry and 1.4% have Finnish 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 Third Ward / University of Wisconsin Eau Claire neighborhood in Eau Claire are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.6% of U.S. neighborhoods. 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.

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 Third Ward / University of Wisconsin Eau Claire neighborhood, 49.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.5%), and 9.5% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Third Ward / University of Wisconsin Eau Claire neighborhood is English, spoken by 92.0% of households. Some people also speak Chinese (3.2%).

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 Third Ward / University of Wisconsin Eau Claire neighborhood in Eau Claire, WI, residents most commonly identify their ethnicity or ancestry as German (37.2%). There are also a number of people of Irish ancestry (15.5%), and residents who report Norwegian roots (12.2%), and some of the residents are also of Polish ancestry (8.7%), along with some English ancestry residents (7.2%), 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 Third Ward / University of Wisconsin Eau Claire neighborhood spend under 15 minutes commuting one-way to work (69.0% of working residents), one of the shortest commutes across America.

Here most residents (59.0%) 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 (19.4%) . 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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