Colburn West median real estate price is $263,683, which is more expensive than 39.9% of the neighborhoods in Wisconsin and 33.2% of the neighborhoods in the U.S.
The average rental price in Colburn West is currently $1,619, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.7% of the neighborhoods in Wisconsin.
Colburn West is a suburban neighborhood (based on population density) located in Green Bay, Wisconsin.
Colburn West 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 owner occupied. Many of the residences in the Colburn West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Colburn West has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.3% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
For many reasons, Colburn West is rated by NeighborhoodScout as one of the top 2.6% of ideal neighborhoods for first-time home buyers in the state of Wisconsin. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other WI neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.
Did you know that the Colburn West neighborhood has more Belgian and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.3% of this neighborhood's residents have Belgian ancestry and 3.6% have Finnish ancestry.
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 Colburn West neighborhood in Green Bay are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.7% of the neighborhoods in America. With 33.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.7% 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 Colburn West neighborhood, 33.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.2%), and 11.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Colburn West neighborhood is English, spoken by 91.0% of households.
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 Colburn West neighborhood in Green Bay, WI, residents most commonly identify their ethnicity or ancestry as German (38.8%). There are also a number of people of Asian ancestry (13.7%), and residents who report French roots (10.8%), and some of the residents are also of Belgian ancestry (10.3%), along with some French Canadian ancestry residents (7.3%), among others.
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 Colburn West neighborhood spend under 15 minutes commuting one-way to work (49.6% of working residents), one of the shortest commutes across America.
Here most residents (80.0%) 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.