The Falls median real estate price is $366,001, which is less expensive than 83.6% of Colorado neighborhoods and 50.0% of all U.S. neighborhoods.
The average rental price in The Falls is currently $1,490, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.8% of Colorado neighborhoods.
The Falls is a suburban neighborhood (based on population density) located in Grand Junction, Colorado.
The Falls 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 occupied by a mixture of owners and renters. Many of the residences in the The Falls 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.
Real estate vacancies in The Falls are 3.3%, which is lower than one will find in 77.9% of American neighborhoods. Demand for real estate in The Falls 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.
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 Grand Junction, the The Falls neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
With a nice mix of college students, safety from crime, and decent walkability, the The Falls neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.5% of the neighborhoods in CO. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the The Falls neighborhood has more Native American and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Native American ancestry and 1.0% have Canadian ancestry.
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 The Falls neighborhood in Grand Junction are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.8% of U.S. neighborhoods. With 23.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.8% 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 The Falls neighborhood, 33.9% 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 22.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.6%), and 21.6% in manufacturing and laborer occupations.
The most common language spoken in the The Falls neighborhood is English, spoken by 97.3% of households. Some people also speak Italian (4.1%).
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 The Falls neighborhood in Grand Junction, CO, residents most commonly identify their ethnicity or ancestry as German (18.6%). There are also a number of people of Irish ancestry (13.7%), and residents who report English roots (11.3%), and some of the residents are also of Mexican ancestry (11.0%), along with some Italian ancestry residents (3.6%), among others.
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 The Falls neighborhood spend under 15 minutes commuting one-way to work (55.3% of working residents), one of the shortest commutes across America.
Here most residents (74.3%) 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 (14.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.