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Real Estate Prices & Overview

W Ralph Rogers Rd / S Old Yankton Rd median real estate price is $709,960, which is more expensive than 93.0% of the neighborhoods in South Dakota and 75.1% of the neighborhoods in the U.S.

The average rental price in W Ralph Rogers Rd / S Old Yankton Rd is currently $1,337, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.9% of South Dakota neighborhoods.

W Ralph Rogers Rd / S Old Yankton Rd is a suburban neighborhood (based on population density) located in Sioux Falls, South Dakota.

W Ralph Rogers Rd / S Old Yankton Rd real estate is primarily made up of large (four, five or more 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 W Ralph Rogers Rd / S Old Yankton Rd neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In W Ralph Rogers Rd / S Old Yankton Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in W Ralph Rogers Rd / S Old Yankton Rd is very tight compared to the demand for property here.

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 Sioux Falls, the W Ralph Rogers Rd / S Old Yankton Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the W Ralph Rogers Rd / S Old Yankton Rd neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, homes built from 2000 through today make up a higher proportion of the W Ralph Rogers Rd / S Old Yankton Rd neighborhood's real estate landscape than 97.8% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 82.8% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

People

A majority of the adults in the W Ralph Rogers Rd / S Old Yankton Rd neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for South Dakota by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.5% of the neighborhoods in South Dakota.

Diversity

Did you know that the W Ralph Rogers Rd / S Old Yankton Rd neighborhood has more Dutch and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Dutch ancestry and 5.4% have Swedish ancestry.

The Neighbors

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 W Ralph Rogers Rd / S Old Yankton Rd neighborhood in Sioux Falls are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.5% of the neighborhoods in America. With 19.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.9% 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 W Ralph Rogers Rd / S Old Yankton Rd neighborhood, 59.8% 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 18.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.7%), and 10.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W Ralph Rogers Rd / S Old Yankton Rd neighborhood is English, spoken by 89.4% of households. Some people also speak Spanish (8.7%).

Ethnicity / Ancestry

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 W Ralph Rogers Rd / S Old Yankton Rd neighborhood in Sioux Falls, SD, residents most commonly identify their ethnicity or ancestry as German (35.7%). There are also a number of people of English ancestry (9.4%), and residents who report Irish roots (8.9%), and some of the residents are also of Mexican ancestry (6.9%), along with some Norwegian ancestry residents (5.8%), among others.

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 W Ralph Rogers Rd / S Old Yankton Rd neighborhood spend under 15 minutes commuting one-way to work (51.6% of working residents), one of the shortest commutes across America.

Here most residents (78.8%) drive alone in a private automobile to get to work. 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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