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Real Estate Prices & Overview

Chadsey Southwest median real estate price is $61,072, which is less expensive than 94.9% of Michigan neighborhoods and 98.5% of all U.S. neighborhoods.

The average rental price in Chadsey Southwest is currently $1,328, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.0% of Michigan neighborhoods.

Chadsey Southwest is a densely urban neighborhood (based on population density) located in Detroit, Michigan.

Chadsey Southwest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Chadsey Southwest 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.

Chadsey Southwest has a 15.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.3% 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.

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 Detroit, the Chadsey Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Chadsey Southwest neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 32.1% of commuters carpool here, which is more than in 99.2% of all U.S. neighborhoods.

People

Of note, 62.9% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, the Chadsey Southwest neighborhood is unique for having just 5.5% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.7% of America's neighborhoods.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Chadsey Southwest 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 86.2% of the neighborhoods in MI. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Real Estate

Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Chadsey Southwest neighborhood is one of the most walkable neighborhoods in America.

In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 61.2% of the residential real estate in the Chadsey Southwest neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Chadsey Southwest neighborhood has more Arab and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.7% of this neighborhood's residents have Arab ancestry and 56.0% have Mexican ancestry.

Chadsey Southwest is also pretty special linguistically. Significantly, 20.2% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

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 Chadsey Southwest neighborhood in Detroit are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.5% of U.S. neighborhoods. With 62.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.4% 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 Chadsey Southwest neighborhood, 40.5% 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 37.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.6%), and 6.3% 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 Chadsey Southwest neighborhood is Spanish, spoken by 54.4% of households. Other important languages spoken here include English and Arabic.

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 Chadsey Southwest neighborhood in Detroit, MI, residents most commonly identify their ethnicity or ancestry as Mexican (56.0%). There are also a number of people of Arab ancestry (20.7%), and residents who report Puerto Rican roots (2.3%), and some of the residents are also of German ancestry (1.1%), along with some Polish ancestry residents (1.1%), among others. In addition, 30.8% 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 Chadsey Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (49.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (61.1%) 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 (32.1%) . 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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