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Real Estate Prices & Overview

Ives median real estate price is $367,471, which is more expensive than 66.8% of the neighborhoods in Wisconsin and 49.9% of the neighborhoods in the U.S.

The average rental price in Ives is currently $1,365, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.2% of Wisconsin neighborhoods.

Ives is a suburban neighborhood (based on population density) located in Caledonia, Wisconsin.

Ives real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Ives 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 Ives are 5.5%, which is lower than one will find in 63.0% of American neighborhoods. Demand for real estate in Ives 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 Caledonia, the Ives neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Ives neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Diversity

Did you know that the Ives neighborhood has more German and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 48.1% of this neighborhood's residents have German ancestry and 4.1% have Danish ancestry.

Ives is also pretty special linguistically. Significantly, 9.5% 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 97.9% 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 Ives neighborhood in Caledonia are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.4% 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.

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 Ives neighborhood, 32.1% 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 24.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.0%), and 21.8% in clerical, assistant, and tech support 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 Ives neighborhood is English, spoken by 93.2% of households. Other important languages spoken here include Polish, Spanish and Italian.

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 Ives neighborhood in Caledonia, WI, residents most commonly identify their ethnicity or ancestry as German (48.1%). There are also a number of people of Irish ancestry (14.4%), and residents who report Polish roots (10.4%), and some of the residents are also of English ancestry (6.6%), along with some Mexican ancestry residents (5.3%), among others.

Getting to Work

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 Ives neighborhood spend between 30 and 45 minutes commuting one-way to work (37.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.8%) 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 (8.2%) . 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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