Cherry Knolls / Southglenn median real estate price is $785,493, which is more expensive than 72.8% of the neighborhoods in Colorado and 83.5% of the neighborhoods in the U.S.
The average rental price in Cherry Knolls / Southglenn is currently $3,286, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.2% of the neighborhoods in Colorado.
Cherry Knolls / Southglenn is a suburban neighborhood (based on population density) located in Centennial, Colorado.
Cherry Knolls / Southglenn real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Cherry Knolls / Southglenn neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Cherry Knolls / Southglenn, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.8% of all neighborhoods in the U.S. This means that the housing supply in Cherry Knolls / Southglenn is very tight compared to the demand for property here.
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 Centennial, the Cherry Knolls / Southglenn neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Owner-occupied real estate dominates the Cherry Knolls / Southglenn neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.1% of neighborhoods in America.
In addition, one way that the Cherry Knolls / Southglenn neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.3% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Did you know that the Cherry Knolls / Southglenn neighborhood has more Canadian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Canadian ancestry and 4.5% have Swedish 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 Cherry Knolls / Southglenn neighborhood in Centennial are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.7% of the neighborhoods in America. In addition, 2.0% 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 75.2% 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 Cherry Knolls / Southglenn neighborhood, 58.4% 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 16.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.9%), and 11.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Cherry Knolls / Southglenn neighborhood is English, spoken by 97.3% of households.
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 Cherry Knolls / Southglenn neighborhood in Centennial, CO, residents most commonly identify their ethnicity or ancestry as German (21.7%). There are also a number of people of English ancestry (19.0%), and residents who report Irish roots (10.2%), and some of the residents are also of Italian ancestry (5.1%), along with some Swedish ancestry residents (4.5%), among others.
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 Cherry Knolls / Southglenn neighborhood spend under 15 minutes commuting one-way to work (37.1% of working residents), one of the shortest commutes across America.
Here most residents (73.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.