Columbian Park East median real estate price is $154,721, which is less expensive than 75.1% of Indiana neighborhoods and 87.0% of all U.S. neighborhoods.
The average rental price in Columbian Park East is currently $1,363, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.7% of Indiana neighborhoods.
Columbian Park East is a suburban neighborhood (based on population density) located in Lafayette, Indiana.
Columbian Park East 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 Columbian Park East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Columbian Park East, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 82.3% of all neighborhoods in the U.S. This means that the housing supply in Columbian Park East is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
According to NeighborhoodScout's research, Columbian Park East is better suited for first-time home buyers than 89.5% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Indiana. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood
Did you know that the Columbian Park East neighborhood has more Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Welsh 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 Columbian Park East neighborhood in Lafayette are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.9% of U.S. neighborhoods. With 15.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.7% 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 Columbian Park East neighborhood, 30.1% 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 28.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.9%), and 14.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the Columbian Park East neighborhood is English, spoken by 89.2% of households. Some people also speak Spanish (9.2%).
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 Columbian Park East neighborhood in Lafayette, IN, residents most commonly identify their ethnicity or ancestry as German (17.6%). There are also a number of people of Mexican ancestry (11.2%), and residents who report Irish roots (8.4%), and some of the residents are also of English ancestry (6.6%), along with some Polish ancestry residents (3.5%), 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 Columbian Park East neighborhood spend under 15 minutes commuting one-way to work (49.1% of working residents), one of the shortest commutes across America.
Here most residents (76.5%) 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 (15.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.