Sierra Meadows median real estate price is $455,759, which is more expensive than 50.4% of the neighborhoods in Nevada and 61.8% of the neighborhoods in the U.S.
The average rental price in Sierra Meadows is currently $1,358, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.5% of Nevada neighborhoods.
Sierra Meadows is a densely urban neighborhood (based on population density) located in Reno, Nevada.
Sierra Meadows 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 Sierra Meadows neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Sierra Meadows are 3.5%, which is lower than one will find in 76.7% of American neighborhoods. Demand for real estate in Sierra Meadows 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.
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.
Our research shows that more people carpool to work here in the Sierra Meadows (32.5%) than in 99.3% of the neighborhoods in America.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Sierra Meadows neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.6% of all American neighborhoods.
Renter-occupied real estate is dominant in the Sierra Meadows neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.9%, which is higher than 97.3% 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 Sierra Meadows 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 88.0% 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.
The Sierra Meadows neighborhood has a greater percentage of children living in poverty (57.3%) than found in 96.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, neighborhoodScout's exclusive research revealed that 93.4% of the adult residents in the Sierra Meadows neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.6% of the neighborhoods in America.
Did you know that the Sierra Meadows neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 55.8% of this neighborhood's residents have Mexican 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 Sierra Meadows neighborhood in Reno are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.8% of U.S. neighborhoods. With 57.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.2% 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 Sierra Meadows neighborhood, 45.0% 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 manufacturing and laborer occupations, with 34.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.6%), and 7.2% in executive, management, and professional occupations.
The most common language spoken in the Sierra Meadows neighborhood is Spanish, spoken by 52.2% of households. Some people also speak English (44.5%).
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 Sierra Meadows neighborhood in Reno, NV, residents most commonly identify their ethnicity or ancestry as Mexican (55.8%). There are also a number of people of English ancestry (4.6%), and residents who report Asian roots (3.5%), and some of the residents are also of Irish ancestry (3.4%), along with some Italian ancestry residents (2.7%), among others. In addition, 40.9% of the residents of this neighborhood were born in another country.
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 Sierra Meadows neighborhood spend under 15 minutes commuting one-way to work (40.4% of working residents), one of the shortest commutes across America.
Here most residents (54.9%) 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 (32.5%) and 7.7% of residents also ride the bus 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.