University District / The University of Montana median real estate price is $1,004,519, which is more expensive than 96.5% of the neighborhoods in Montana and 90.8% of the neighborhoods in the U.S.
The average rental price in University District / The University of Montana is currently $1,265, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.6% of Montana neighborhoods.
University District / The University of Montana is an urban neighborhood (based on population density) located in Missoula, Montana.
University District / The University of Montana 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 renter occupied. Many of the residences in the University District / The University of Montana 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 1940 and 1969.
Home and apartment vacancy rates are 8.0% in University District / The University of Montana. NeighborhoodScout analysis shows that this rate is lower than 48.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
People
Of note is NeighborhoodScout's research finding that the University District / The University of Montana 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 University District / The University of Montana community truly stands out from the rest in this regard.
In addition, neighborhoodScout's analysis shows that the University District / The University of Montana neighborhood has a greater concentration of residents currently enrolled in college than 99.4% of the neighborhoods in the U.S. With 57.5% of the population here attending college, this is very much a college-focused neighborhood.
Also, one of the really interesting characteristics about the University District / The University of Montana 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 0.9% of college-friendly places to live in the state of Montana.
Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the University District / The University of Montana neighborhood is a fantastic option for bicycle commuters, as 12.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.8% of the neighborhoods in America.
Also, in the University District / The University of Montana neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 25.9% of residents here. This is a higher proportion of walking commuters than we found in 98.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Occupations
There are more people living in the University District / The University of Montana neighborhood employed as sales and service workers (57.5%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The University District / The University of Montana neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the University District / The University of Montana neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.5% 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 96.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Real Estate
86.6% of the real estate in the University District / The University of Montana neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Migration / Stability
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 District / The University of Montana neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the University District / The University of Montana neighborhood has more Finnish and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Finnish ancestry and 5.2% have Scottish 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 University District / The University of Montana neighborhood in Missoula are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.6% of U.S. neighborhoods. 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 University District / The University of Montana neighborhood, 42.5% 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 39.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.6%), and 7.7% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the University District / The University of Montana neighborhood is English, spoken by 96.3% of households.
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 District / The University of Montana neighborhood in Missoula, MT, residents most commonly identify their ethnicity or ancestry as German (24.2%). There are also a number of people of Irish ancestry (17.4%), and residents who report English roots (14.5%), and some of the residents are also of Norwegian ancestry (6.5%), along with some Scottish ancestry residents (5.2%), among others.
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 University District / The University of Montana neighborhood spend under 15 minutes commuting one-way to work (62.5% of working residents), one of the shortest commutes across America.
Here most residents (36.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (25.9%) and 12.4% of residents also bicycle 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.
