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Real Estate Prices & Overview

Moorhead Southeast median real estate price is $312,066, which is less expensive than 57.0% of Minnesota neighborhoods and 55.7% of all U.S. neighborhoods.

The average rental price in Moorhead Southeast is currently $1,880, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.7% of the neighborhoods in Minnesota.

Moorhead Southeast is a suburban neighborhood (based on population density) located in Moorhead, Minnesota.

Moorhead Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Moorhead Southeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Moorhead Southeast are 3.8%, which is lower than one will find in 74.7% of American neighborhoods. Demand for real estate in Moorhead Southeast is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Moorhead, the Moorhead Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Moorhead Southeast 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 Moorhead Southeast community truly stands out from the rest in this regard.

Diversity

Did you know that the Moorhead Southeast neighborhood has more Norwegian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.8% of this neighborhood's residents have Norwegian ancestry and 4.0% have Yugoslav ancestry.

Moorhead Southeast is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.

The Neighbors

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 Moorhead Southeast neighborhood in Moorhead are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.6% 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 Moorhead Southeast neighborhood, 51.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 18.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.6%), and 14.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Moorhead Southeast neighborhood is English, spoken by 94.4% of households. Some people also speak Polish (3.4%).

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 Moorhead Southeast neighborhood in Moorhead, MN, residents most commonly identify their ethnicity or ancestry as German (35.8%). There are also a number of people of Norwegian ancestry (33.8%), and residents who report English roots (6.8%), and some of the residents are also of Mexican ancestry (6.0%), along with some Irish ancestry residents (5.7%), 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 Moorhead Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (58.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (87.7%) 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 (5.4%) . 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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