Pikes Peak Park South median real estate price is $348,577, which is less expensive than 86.0% of Colorado neighborhoods and 52.3% of all U.S. neighborhoods.
The average rental price in Pikes Peak Park South is currently $1,703, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.2% of Colorado neighborhoods.
Pikes Peak Park South is an urban neighborhood (based on population density) located in Colorado Springs, Colorado.
Pikes Peak Park South 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 occupied by a mixture of owners and renters. Many of the residences in the Pikes Peak Park South 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 Pikes Peak Park South are 5.4%, which is lower than one will find in 64.1% of American neighborhoods. Demand for real estate in Pikes Peak Park South 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.
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.
In the Pikes Peak Park South neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 38.4% of commuters carpool here, which is more than in 99.7% of all U.S. neighborhoods.
With 2.2% of employed workers living in the Pikes Peak Park South neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.7% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Pikes Peak Park South neighborhood has more Cuban and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Cuban ancestry and 3.5% have Dutch ancestry.
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 Pikes Peak Park South neighborhood in Colorado Springs are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.9% of U.S. neighborhoods. With 31.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.5% of U.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 Pikes Peak Park South neighborhood, 36.7% 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 manufacturing and laborer occupations, with 26.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.6%), and 13.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Pikes Peak Park South neighborhood is English, spoken by 71.0% of households. Some people also speak Spanish (26.1%).
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 Pikes Peak Park South neighborhood in Colorado Springs, CO, residents most commonly identify their ethnicity or ancestry as Mexican (28.9%). There are also a number of people of German ancestry (12.2%), and residents who report Irish roots (12.1%), and some of the residents are also of Spanish ancestry (5.7%), along with some English ancestry residents (5.3%), among others. In addition, 15.4% of the residents of this neighborhood were born in another country.
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 Pikes Peak Park South neighborhood spend between 15 and 30 minutes commuting one-way to work (64.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (50.8%) 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 (38.4%) and 5.8% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.