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Real Estate Prices & Overview

Downtown Lake Havasu City North median real estate price is $465,036, which is more expensive than 49.3% of the neighborhoods in Arizona and 58.0% of the neighborhoods in the U.S.

The average rental price in Downtown Lake Havasu City North is currently $1,893, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.0% of Arizona neighborhoods.

Downtown Lake Havasu City North is a suburban neighborhood (based on population density) located in Lake Havasu City, Arizona.

Downtown Lake Havasu City North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Downtown Lake Havasu City North 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.

Vacant apartments or homes are a major fact of life in Downtown Lake Havasu City North. The current real estate vacancy rate here is 27.4%. This is higher than the rate of vacancies in 93.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (22.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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 Lake Havasu City, the Downtown Lake Havasu City North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Downtown Lake Havasu City North neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Modes of Transportation

Our research shows that more people carpool to work here in the Downtown Lake Havasu City North (28.3%) than in 98.3% of the neighborhoods in America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Downtown Lake Havasu City North neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Downtown Lake Havasu City North neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 58.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Downtown Lake Havasu City North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Downtown Lake Havasu City North neighborhood has more Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have Czechoslovakian ancestry.

The Neighbors

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 Downtown Lake Havasu City North neighborhood in Lake Havasu City are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.4% of the neighborhoods in America. 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Downtown Lake Havasu City North neighborhood, 37.7% 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 28.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.5%), and 12.4% in clerical, assistant, and tech support occupations.

Languages

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 Downtown Lake Havasu City North neighborhood is English, spoken by 86.4% of households. Other important languages spoken here include Spanish and Italian.

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 Downtown Lake Havasu City North neighborhood in Lake Havasu City, AZ, residents most commonly identify their ethnicity or ancestry as English (19.0%). There are also a number of people of German ancestry (12.1%), and residents who report Irish roots (9.1%), and some of the residents are also of Mexican ancestry (7.7%), along with some Swedish ancestry residents (3.2%), among others.

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 Downtown Lake Havasu City North neighborhood spend under 15 minutes commuting one-way to work (58.1% of working residents), one of the shortest commutes across America.

Here most residents (64.3%) 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 (28.3%) . 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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