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Real Estate Prices & Overview

Median real estate price in the City Center of Des Moines is $677,394, which is more expensive than 62.8% of the neighborhoods in Washington and 80.9% of the neighborhoods in the U.S.

The average rental price in Des Moines City Center is currently $2,786, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.6% of the neighborhoods in Washington.

Des Moines City Center is a suburban neighborhood (based on population density) located in Des Moines, Washington. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Real estate in the City Center of Des Moines, WA is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center 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 Des Moines City Center, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 89.7% of all neighborhoods in the U.S. This means that the housing supply in Des Moines City Center is very tight compared to the demand for property here.

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 Des Moines, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Des Moines City Center is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Des Moines City Center is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

Diversity

Did you know that the Des Moines City Center neighborhood has more Danish and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Danish ancestry and 1.0% have Austrian ancestry.

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 City Center neighborhood in Des Moines are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.5% of the neighborhoods in America. In addition, 4.3% 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 66.8% 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 Des Moines City Center neighborhood, 47.8% 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 27.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.2%), and 8.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Des Moines City Center neighborhood is English, spoken by 76.4% of households. Some people also speak Spanish (16.8%).

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 City Center neighborhood in Des Moines, WA, residents most commonly identify their ethnicity or ancestry as Mexican (20.6%). There are also a number of people of German ancestry (13.5%), and residents who report Irish roots (6.5%), and some of the residents are also of English ancestry (5.8%), along with some Norwegian ancestry residents (5.3%), among others. In addition, 14.3% of the residents of this neighborhood were born in another country.

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 Des Moines City Center neighborhood spend between 15 and 30 minutes commuting one-way to work (38.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.7%) 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 (8.5%) . 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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