Coe College median real estate price is $145,716, which is less expensive than 79.1% of Iowa neighborhoods and 88.5% of all U.S. neighborhoods.
The average rental price in Coe College is currently $1,062, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.8% of Iowa neighborhoods.
Coe College is a suburban neighborhood (based on population density) located in Cedar Rapids, Iowa.
Coe College real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Coe College 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 1970 and 1999.
Coe College has a 15.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Cedar Rapids, the Coe College neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Modes of Transportation
In the Coe College neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 29.9% of residents here. This is a higher proportion of walking commuters than we found in 99.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!
People
An extraordinary 42.0% of the residents of the Coe College neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
In addition, one of the unique characteristics of the Coe College neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.2% of the neighborhoods in America. The Coe College neighborhood also has a greater percentage of children living in poverty (62.1%) than found in 97.3% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Also, there is an especially high percentage of incarcerated people (0.7%) living in the Coe College neighborhood.
Finally, with a nice mix of college students, safety from crime, and decent walkability, the Coe College neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.9% of the neighborhoods in IA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Length of Commute
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Coe College neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 69.9% 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 98.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Real Estate
Renter-occupied real estate is dominant in the Coe College neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.5%, which is higher than 97.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, the Coe College neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Coe College neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.3% of all American neighborhoods.
Diversity
Did you know that the Coe College neighborhood has more Swedish and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.8% of this neighborhood's residents have Swedish ancestry and 1.6% have Armenian ancestry.
Coe College is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Coe College neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Coe College neighborhood in Cedar Rapids are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.2% of U.S. neighborhoods. With 62.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.3% of U.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 Coe College neighborhood, 41.5% 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 26.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.0%), and 12.8% 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 Coe College neighborhood is English, spoken by 90.3% of households. Other important languages spoken here include Spanish and African languages.
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Coe College neighborhood in Cedar Rapids, IA, residents most commonly identify their ethnicity or ancestry as English (14.0%). There are also a number of people of German ancestry (11.7%), and residents who report Swedish roots (8.8%), and some of the residents are also of Mexican ancestry (7.5%), along with some Irish ancestry residents (4.6%), 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 Coe College neighborhood spend under 15 minutes commuting one-way to work (69.9% of working residents), one of the shortest commutes across America.
Here most residents (50.3%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (29.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
