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Real Estate Prices & Overview

Janesville Southeast median real estate price is $155,275, which is less expensive than 88.6% of Wisconsin neighborhoods and 86.6% of all U.S. neighborhoods.

The average rental price in Janesville Southeast is currently $1,546, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.7% of Wisconsin neighborhoods.

Janesville Southeast is a suburban neighborhood (based on population density) located in Janesville, Wisconsin.

Janesville Southeast 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 occupied by a mixture of owners and renters. Many of the residences in the Janesville Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Janesville Southeast are 5.3%, which is lower than one will find in 64.3% of American neighborhoods. Demand for real estate in Janesville 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

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.

Diversity

Did you know that the Janesville Southeast neighborhood has more Swiss and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Swiss ancestry and 0.7% have Belgian ancestry.

Janesville Southeast is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.4% 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 Janesville Southeast neighborhood in Janesville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.4% of U.S. neighborhoods. With 22.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.6% 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 Janesville Southeast neighborhood, 34.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.6%), and 19.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Janesville Southeast neighborhood is English, spoken by 89.1% of households. Other important languages spoken here include Spanish and German/Yiddish.

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 Janesville Southeast neighborhood in Janesville, WI, residents most commonly identify their ethnicity or ancestry as German (21.5%). There are also a number of people of Irish ancestry (7.7%), and residents who report Norwegian roots (6.3%), and some of the residents are also of English ancestry (6.2%), along with some Mexican ancestry residents (4.8%), 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 Janesville Southeast neighborhood spend under 15 minutes commuting one-way to work (46.7% of working residents), one of the shortest commutes across America.

Here most residents (74.9%) 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 (13.9%) . 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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