Ridge median real estate price is $403,129, which is less expensive than 79.4% of Colorado neighborhoods and 44.9% of all U.S. neighborhoods.
The average rental price in Ridge is currently $2,431, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.7% of Colorado neighborhoods.
Ridge is a rural neighborhood (based on population density) located in Pueblo, Colorado.
Ridge real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Ridge neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Ridge, 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 Ridge is very tight compared to the demand for property here.
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 Pueblo, the Ridge neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Ridge 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.
In addition, homes built from 2000 through today make up a higher proportion of the Ridge neighborhood's real estate landscape than 97.1% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 78.0% of the residential real estate here is classified as newer.
In a nation where 1 out of every 4 children lives in poverty, the Ridge neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Ridge neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 29.3% of its workforce, this neighborhood has a greater concentration of government workers than 99.8% of U.S. neighborhoods.
Furthermore, with 7.5% of employed workers living in the Ridge neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.2% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Ridge neighborhood has more Romanian and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Romanian ancestry and 1.8% have Danish ancestry.
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 Ridge neighborhood in Pueblo are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.0% 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.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Ridge neighborhood, 42.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 29.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.7%), and 18.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Ridge neighborhood is English, spoken by 89.9% of households. Some people also speak Spanish (8.7%).
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 Ridge neighborhood in Pueblo, CO, residents most commonly identify their ethnicity or ancestry as Mexican (22.9%). There are also a number of people of German ancestry (18.5%), and residents who report Irish roots (8.7%), and some of the residents are also of Italian ancestry (8.3%), along with some English ancestry residents (5.9%), 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 Ridge neighborhood spend under 15 minutes commuting one-way to work (50.6% of working residents), one of the shortest commutes across America.
Here most residents (83.0%) 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 (11.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.