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Real Estate Prices & Overview

City Center / Maranatha Baptist University median real estate price is $227,567, which is less expensive than 72.4% of Wisconsin neighborhoods and 73.8% of all U.S. neighborhoods.

The average rental price in City Center / Maranatha Baptist University is currently $1,595, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.1% of the neighborhoods in Wisconsin.

City Center / Maranatha Baptist University is a suburban neighborhood (based on population density) located in Watertown, Wisconsin.

City Center / Maranatha Baptist University real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 City Center / Maranatha Baptist University 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 1970 and 1999.

In City Center / Maranatha Baptist University, 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 City Center / Maranatha Baptist University 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 Watertown, the City Center / Maranatha Baptist University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

With a real estate vacancy rate of only 0.0%, the City Center / Maranatha Baptist University neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

Of note is NeighborhoodScout's research finding that the City Center / Maranatha Baptist University neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the City Center / Maranatha Baptist University community truly stands out from the rest in this regard.

In addition, one of the really interesting characteristics about the City Center / Maranatha Baptist University 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 0.8% of college-friendly places to live in the state of Wisconsin.

Also, an extraordinary 23.9% of the residents of the City Center / Maranatha Baptist University neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Diversity

Did you know that the City Center / Maranatha Baptist University neighborhood has more German and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 49.4% of this neighborhood's residents have German ancestry and 3.8% have Russian ancestry.

City Center / Maranatha Baptist University is also pretty special linguistically. Significantly, 6.8% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.

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 City Center / Maranatha Baptist University neighborhood in Watertown are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.8% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 City Center / Maranatha Baptist University neighborhood, 35.8% 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 26.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.8%), and 15.5% in executive, management, and professional occupations.

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 City Center / Maranatha Baptist University neighborhood is English, spoken by 93.1% of households. Other important languages spoken here include Polish and Spanish.

Ethnicity / Ancestry

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 City Center / Maranatha Baptist University neighborhood in Watertown, WI, residents most commonly identify their ethnicity or ancestry as German (49.4%). There are also a number of people of Irish ancestry (21.3%), and residents who report Polish roots (9.5%), and some of the residents are also of Mexican ancestry (9.4%), along with some English ancestry residents (9.1%), 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 City Center / Maranatha Baptist University neighborhood spend under 15 minutes commuting one-way to work (52.4% of working residents), one of the shortest commutes across America.

Here most residents (71.7%) 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 (13.3%) and 6.7% of residents also hop out the door and walk to work for their daily commute. 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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