Cedarhurst / College Hill median real estate price is $693,325, which is more expensive than 78.6% of the neighborhoods in Oregon and 80.0% of the neighborhoods in the U.S.
The average rental price in Cedarhurst / College Hill is currently $1,702, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.5% of Oregon neighborhoods.
Cedarhurst / College Hill is a suburban neighborhood (based on population density) located in Corvallis, Oregon.
Cedarhurst / College Hill 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 Cedarhurst / College Hill neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Cedarhurst / College Hill has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.2% 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 Corvallis, the Cedarhurst / College Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 13.2% of residents in the Cedarhurst / College Hill neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, more people in Cedarhurst / College Hill choose to walk to work each day (38.2%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
NeighborhoodScout's analysis shows that the Cedarhurst / College Hill neighborhood has a greater concentration of residents currently enrolled in college than 99.5% of the neighborhoods in the U.S. With 69.5% of the population here attending college, this is very much a college-focused neighborhood.
In addition, one of the really interesting characteristics about the Cedarhurst / College Hill neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.8% of college-friendly places to live in the state of Oregon.
Renter-occupied real estate is dominant in the Cedarhurst / College Hill neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.3%, which is higher than 96.6% 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.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Cedarhurst / College Hill neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Cedarhurst / College Hill neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 60.5% 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 96.2% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Cedarhurst / College Hill neighborhood. In the Cedarhurst / College Hill neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Significantly, 2.8% 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 96.3% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Cedarhurst / College Hill neighborhood in Corvallis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.0% of U.S. neighborhoods. With 13.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.1% 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 Cedarhurst / College Hill neighborhood, 50.0% of the working population is employed in executive, management, and professional 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 35.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (7.5%), and 6.2% in clerical, assistant, and tech support 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 Cedarhurst / College Hill neighborhood is English, spoken by 80.0% of households. Other important languages spoken here include Chinese, Spanish and Arabic.
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 Cedarhurst / College Hill neighborhood in Corvallis, OR, residents most commonly identify their ethnicity or ancestry as German (19.0%). There are also a number of people of Asian ancestry (13.9%), and residents who report Irish roots (12.7%), and some of the residents are also of English ancestry (8.1%), along with some Italian ancestry residents (5.3%), among others. In addition, 13.1% 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 Cedarhurst / College Hill neighborhood spend under 15 minutes commuting one-way to work (60.5% of working residents), one of the shortest commutes across America.
Here most residents (38.2%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (24.1%) and 13.2% of residents also bicycle for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.