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Real Estate Prices & Overview

CPL Inc median real estate price is $135,277, which is less expensive than 87.9% of Nebraska neighborhoods and 90.1% of all U.S. neighborhoods.

The average rental price in CPL Inc is currently $1,418, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.9% of Nebraska neighborhoods.

CPL Inc is a suburban neighborhood (based on population density) located in Omaha, Nebraska.

CPL Inc 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 CPL Inc neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 8.7% in CPL Inc. NeighborhoodScout analysis shows that this rate is lower than 44.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

In the CPL Inc neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 39.8% of commuters carpool here, which is more than in 99.8% of all U.S. neighborhoods.

Diversity

Did you know that the CPL Inc neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 65.2% of this neighborhood's residents have Mexican ancestry.

CPL Inc is also pretty special linguistically. Significantly, 64.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.6% of all U.S. neighborhoods.

The Neighbors

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 CPL Inc neighborhood in Omaha are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.9% of U.S. neighborhoods. With 26.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.7% 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 CPL Inc neighborhood, 36.8% of the working population is employed in manufacturing and laborer 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 33.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.4%), and 13.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the CPL Inc neighborhood is Spanish, spoken by 64.6% of households. Some people also speak English (34.6%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the CPL Inc neighborhood in Omaha, NE, residents most commonly identify their ethnicity or ancestry as Mexican (65.2%). There are also a number of people of English ancestry (6.3%), and residents who report German roots (3.8%), and some of the residents are also of Sub-Saharan African ancestry (3.5%), along with some Irish ancestry residents (2.7%), among others. In addition, 37.7% of the residents of this neighborhood were born in another country.

Getting to Work

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 CPL Inc neighborhood spend between 15 and 30 minutes commuting one-way to work (41.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (50.7%) 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 (39.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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