University of Colorado Boulder median real estate price is $1,682,428, which is more expensive than 98.3% of the neighborhoods in Colorado and 97.4% of the neighborhoods in the U.S.
The average rental price in University of Colorado Boulder is currently $1,877, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.3% of Colorado neighborhoods.
University of Colorado Boulder is a densely urban neighborhood (based on population density) located in Boulder, Colorado.
University of Colorado Boulder 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the University of Colorado Boulder neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
University of Colorado Boulder has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.2% 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
One of the really interesting characteristics about the University of Colorado Boulder 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 0.3% of college-friendly places to live in the state of Colorado.
In addition, the rate of college educated adults in the University of Colorado Boulder neighborhood is a unique characteristic of the neighborhood. 90.4% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.7% of all U.S. neighborhoods.
Also, one of the unique characteristics of the University of Colorado Boulder neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.0% of the neighborhoods in America.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 9.4% of residents in the University of Colorado Boulder neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.6% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, more people in University of Colorado Boulder choose to walk to work each day (26.4%) 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.
Finally, in the University of Colorado Boulder neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 35.2% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.6% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Renter-occupied real estate is dominant in the University of Colorado Boulder neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.2%, which is higher than 99.1% 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.
In addition, the real estate in the University of Colorado Boulder neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 85.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.5% of American neighborhoods.
Furthermore, the University of Colorado Boulder neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the University of Colorado Boulder neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 60.7% 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 96.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the University of Colorado Boulder neighborhood have a highly unusual car ownership. 22.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.8% of U.S. neighborhoods.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the University of Colorado Boulder neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the University of Colorado Boulder neighborhood has more Iranian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Iranian ancestry and 2.1% have British ancestry.
University of Colorado Boulder is also pretty special linguistically. Significantly, 6.2% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 96.1% 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 University of Colorado Boulder neighborhood in Boulder are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.0% of U.S. neighborhoods. With 19.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.7% 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 University of Colorado Boulder neighborhood, 52.5% 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 27.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.3%), and 6.4% in manufacturing and laborer 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 University of Colorado Boulder neighborhood is English, spoken by 73.3% of households. Other important languages spoken here include Chinese, Spanish and Langs. of India.
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 University of Colorado Boulder neighborhood in Boulder, CO, residents most commonly identify their ethnicity or ancestry as Asian (17.0%). There are also a number of people of German ancestry (11.7%), and residents who report Irish roots (7.5%), and some of the residents are also of Italian ancestry (5.1%), along with some Mexican ancestry residents (4.3%), among others. In addition, 16.3% 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 University of Colorado Boulder neighborhood spend under 15 minutes commuting one-way to work (60.7% of working residents), one of the shortest commutes across America.
Here most residents (26.4%) 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 (17.2%) and 10.1% of residents also ride the bus 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.
