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Real Estate Prices & Overview

Five Points median real estate price is $400,137, which is more expensive than 60.7% of the neighborhoods in Minnesota and 53.9% of the neighborhoods in the U.S.

The average rental price in Five Points is currently $2,042, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.5% of the neighborhoods in Minnesota.

Five Points is a suburban neighborhood (based on population density) located in Sartell, Minnesota.

Five Points real estate 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 Five Points neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Five Points, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.8% of all neighborhoods in the U.S. This means that the housing supply in Five Points 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 Sartell, the Five Points neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Five Points neighborhood's real estate landscape than 97.5% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 80.2% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Diversity

Did you know that the Five Points neighborhood has more German and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 44.0% of this neighborhood's residents have German ancestry and 5.7% have Swedish ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Five Points neighborhood in Sartell are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.1% of U.S. neighborhoods. In addition, 8.2% 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 55.3% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Five Points neighborhood, 38.0% 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 24.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.9%), and 15.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Five Points neighborhood is English, spoken by 93.9% of households. Some people also speak Polish (5.8%).

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 Five Points neighborhood in Sartell, MN, residents most commonly identify their ethnicity or ancestry as German (44.0%). There are also a number of people of Irish ancestry (5.7%), and residents who report Swedish roots (5.7%), and some of the residents are also of Polish ancestry (4.9%), along with some Norwegian ancestry residents (4.6%), 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 Five Points neighborhood spend under 15 minutes commuting one-way to work (43.1% of working residents), one of the shortest commutes across America.

Here most residents (82.2%) 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 (9.1%) . 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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