Northeast Denver median real estate price is $423,297, which is less expensive than 78.2% of Colorado neighborhoods and 43.1% of all U.S. neighborhoods.
The average rental price in Northeast Denver is currently $1,995, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.4% of Colorado neighborhoods.
Northeast Denver is a suburban neighborhood (based on population density) located in Denver, Colorado.
Northeast Denver real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Northeast Denver neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Northeast Denver, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Northeast Denver 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.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Northeast Denver neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Our research shows that more people carpool to work here in the Northeast Denver (28.4%) than in 98.3% of the neighborhoods in America.
More people work in manufacturing and as laborers here in the Northeast Denver neighborhood than in 98.3% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
American households most often have a car, and regularly they have two or three. But households in the Northeast Denver neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.4% of the households here have four, five, or more cars. That is more cars per household than in 95.2% of the neighborhoods in the nation.
Did you know that the Northeast Denver neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 86.8% of this neighborhood's residents have Mexican ancestry.
Northeast Denver is also pretty special linguistically. Significantly, 78.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.5% of all U.S. neighborhoods.
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 Northeast Denver neighborhood in Denver are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.2% of U.S. neighborhoods. With 22.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.7% 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 Northeast Denver neighborhood, 47.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 22.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.1%), and 12.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the Northeast Denver neighborhood is Spanish, spoken by 78.2% of households. Some people also speak English (21.2%).
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 Northeast Denver neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as Mexican (86.8%). There are also a number of people of German ancestry (4.2%), and residents who report Irish roots (1.2%), and some of the residents are also of Italian ancestry (1.1%). In addition, 33.7% of the residents of this neighborhood were born in another country.
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 Northeast Denver neighborhood spend between 15 and 30 minutes commuting one-way to work (43.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.4%) 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 (28.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.