Waterloo Northwest median real estate price is $126,562, which is less expensive than 85.7% of Iowa neighborhoods and 91.6% of all U.S. neighborhoods.
The average rental price in Waterloo Northwest is currently $1,512, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.6% of the neighborhoods in Iowa.
Waterloo Northwest is a suburban neighborhood (based on population density) located in Waterloo, Iowa.
Waterloo Northwest 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 owner occupied. Many of the residences in the Waterloo Northwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in Waterloo Northwest are 4.2%, which is lower than one will find in 72.1% of American neighborhoods. Demand for real estate in Waterloo Northwest 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.
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.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Waterloo Northwest neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Waterloo Northwest neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 69.0% 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 98.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Did you know that the Waterloo Northwest neighborhood has more British and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have British ancestry and 0.6% have Belgian 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 Waterloo Northwest neighborhood in Waterloo are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.6% of U.S. neighborhoods. With 10.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.1% of U.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 Waterloo Northwest neighborhood, 41.5% 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 22.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.2%), and 16.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Waterloo Northwest neighborhood is English, spoken by 97.5% of households. Some people also speak Spanish (2.5%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Waterloo Northwest neighborhood in Waterloo, IA, residents most commonly identify their ethnicity or ancestry as German (31.7%). There are also a number of people of Irish ancestry (17.1%), and residents who report Scottish roots (3.6%), and some of the residents are also of Mexican ancestry (3.4%), along with some English ancestry residents (3.1%), 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 Waterloo Northwest neighborhood spend under 15 minutes commuting one-way to work (69.0% of working residents), one of the shortest commutes across America.
Here most residents (80.1%) 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 (11.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.