Canyon Lake Dr / 32nd St median real estate price is $310,103, which is more expensive than 57.1% of the neighborhoods in South Dakota and 39.9% of the neighborhoods in the U.S.
The average rental price in Canyon Lake Dr / 32nd St is currently $1,513, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.0% of the neighborhoods in South Dakota.
Canyon Lake Dr / 32nd St is a suburban neighborhood (based on population density) located in Rapid City, South Dakota.
Canyon Lake Dr / 32nd St 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 Canyon Lake Dr / 32nd St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Canyon Lake Dr / 32nd St are 3.1%, which is lower than one will find in 79.5% of American neighborhoods. Demand for real estate in Canyon Lake Dr / 32nd St 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.
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.
Of note is NeighborhoodScout's research finding that the Canyon Lake Dr / 32nd St neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Canyon Lake Dr / 32nd St community truly stands out from the rest in this regard.
In addition, for many reasons, Canyon Lake Dr / 32nd St is rated by NeighborhoodScout as one of the top 3.3% of ideal neighborhoods for first-time home buyers in the state of South Dakota. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other SD neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for college students.
Did you know that the Canyon Lake Dr / 32nd St neighborhood has more Eastern European and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Eastern European ancestry and 13.6% have Norwegian ancestry.
Canyon Lake Dr / 32nd St is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 96.1% of the neighborhoods in America.
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 Canyon Lake Dr / 32nd St neighborhood in Rapid City are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.1% 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 Canyon Lake Dr / 32nd St neighborhood, 38.9% 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 28.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.9%), and 12.7% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Canyon Lake Dr / 32nd St neighborhood is English, spoken by 92.8% of households. Other important languages spoken here include Spanish, Italian and Korean.
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 Canyon Lake Dr / 32nd St neighborhood in Rapid City, SD, residents most commonly identify their ethnicity or ancestry as German (42.4%). There are also a number of people of Irish ancestry (15.7%), and residents who report Norwegian roots (13.6%), and some of the residents are also of English ancestry (12.6%), along with some Mexican ancestry residents (6.2%), 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 Canyon Lake Dr / 32nd St neighborhood spend under 15 minutes commuting one-way to work (50.9% of working residents), one of the shortest commutes across America.
Here most residents (85.4%) 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 (6.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.