Spring Lake South median real estate price is $142,781, which is less expensive than 86.0% of Nebraska neighborhoods and 89.0% of all U.S. neighborhoods.
The average rental price in Spring Lake South is currently $1,882, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.6% of the neighborhoods in Nebraska.
Spring Lake South is an urban neighborhood (based on population density) located in Omaha, Nebraska.
Spring Lake 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 Spring Lake South 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.
Real estate vacancies in Spring Lake South are 3.3%, which is lower than one will find in 77.9% of American neighborhoods. Demand for real estate in Spring Lake 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.
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 Omaha, the Spring Lake South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
More people work in manufacturing and as laborers here in the Spring Lake South neighborhood than in 98.0% 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.
The Spring Lake South neighborhood is unique for having just 6.6% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.6% of America's neighborhoods.
Do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Spring Lake South neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 65.9% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.8% of the neighborhoods in the United States.
Did you know that the Spring Lake South neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.0% of this neighborhood's residents have Mexican ancestry.
Spring Lake South is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.
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 Spring Lake South neighborhood in Omaha are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.5% of U.S. neighborhoods. With 42.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.8% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Spring Lake South neighborhood, 46.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 25.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.4%), and 7.3% in executive, management, and professional occupations.
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 Spring Lake South neighborhood is Spanish, spoken by 65.2% of households. Other important languages spoken here include English and Polish.
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 Spring Lake South neighborhood in Omaha, NE, residents most commonly identify their ethnicity or ancestry as Mexican (58.0%). There are also a number of people of German ancestry (7.0%), and residents who report Polish roots (4.6%), and some of the residents are also of English ancestry (2.0%), along with some Norwegian ancestry residents (1.4%), among others. In addition, 33.7% of the residents of this neighborhood were born in another country.
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 Spring Lake South neighborhood spend between 15 and 30 minutes commuting one-way to work (55.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (78.6%) 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 (15.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.