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Real Estate Prices & Overview

Springwells median real estate price is $70,646, which is less expensive than 92.9% of Michigan neighborhoods and 96.8% of all U.S. neighborhoods.

The average rental price in Springwells is currently $1,711, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.0% of Michigan neighborhoods.

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

Springwells 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 Springwells 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.

Vacant apartments or homes are a major fact of life in Springwells. The current real estate vacancy rate here is 17.1%. This is higher than the rate of vacancies in 82.3% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, 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 Detroit, the Springwells neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the Springwells neighborhood than in 99.7% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

The Springwells neighborhood is unique for having just 5.8% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.4% of America's neighborhoods.

Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Springwells neighborhood is among the top 5% of American neighborhoods in terms of walkability.

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 55.1% of the residential real estate in the Springwells neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Springwells neighborhood has more Arab and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Arab ancestry and 4.1% have Cuban ancestry.

Springwells is also pretty special linguistically. Significantly, 4.5% 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 98.1% 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 Springwells 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 89.6% of U.S. neighborhoods. With 49.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.7% 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 Springwells neighborhood, 56.8% 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 20.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.9%), and 8.9% in government jobs, whether they are in local, state, or federal positions.

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 Springwells neighborhood is Spanish, spoken by 61.2% of households. Other important languages spoken here include English and Arabic.

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 Springwells neighborhood in Detroit, MI, residents most commonly identify their ethnicity or ancestry as Mexican (47.6%). There are also a number of people of Arab ancestry (4.9%), and residents who report Cuban roots (4.1%), and some of the residents are also of Puerto Rican ancestry (3.7%), along with some Irish ancestry residents (2.9%), among others. In addition, 26.5% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Springwells neighborhood spend between 45 minutes and one hour commuting one-way to work (28.9% of working residents), longer and tougher than most commutes in America.

Here most residents (81.7%) 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 (11.2%) . 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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