Black Forest East median real estate price is $1,057,593, which is more expensive than 90.8% of the neighborhoods in Colorado and 91.8% of the neighborhoods in the U.S.
The average rental price in Black Forest East is currently $2,445, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.1% of Colorado neighborhoods.
Black Forest East is a rural neighborhood (based on population density) located in Colorado Springs, Colorado.
Black Forest East real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Black Forest East 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.
In Black Forest East, the current vacancy rate is 0.6%, which is a lower rate of vacancies than 92.8% of all neighborhoods in the U.S. This means that the housing supply in Black Forest East is very tight compared to the demand for property here.
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.
Of note is NeighborhoodScout's research finding that the Black Forest East neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Black Forest East community truly stands out from the rest in this regard.
In addition, according to NeighborhoodScout's exclusive analysis, Black Forest East is among the best neighborhoods for families in Colorado. In fact, this neighborhood is more family-friendly than 99.0% of neighborhoods in the entire state of Colorado. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Black Forest East neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates, highly educated executives and active retirees.
Owner-occupied real estate dominates the Black Forest East neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.4% of neighborhoods in America.
In addition, one way that the Black Forest East neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.9% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
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 Black Forest East neighborhood in Colorado Springs 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 92.2% 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 Black Forest East neighborhood, 54.5% 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 17.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.1%), and 13.4% 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 Black Forest East neighborhood is English, spoken by 96.7% of households. Other important languages spoken here include Italian and Spanish.
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 Black Forest East neighborhood in Colorado Springs, CO, residents most commonly identify their ethnicity or ancestry as German (22.6%). There are also a number of people of English ancestry (16.3%), and residents who report Irish roots (10.8%), and some of the residents are also of Mexican ancestry (9.1%), along with some Italian ancestry residents (3.8%), among others.
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 Black Forest East neighborhood spend between 30 and 45 minutes commuting one-way to work (50.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (78.3%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.