Pikes Peak Park South median real estate price is $348,577, which is less expensive than 86.0% of Colorado neighborhoods and 52.3% of all U.S. neighborhoods.
The average rental price in Pikes Peak Park South is currently $1,703, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.2% of Colorado neighborhoods.
Pikes Peak Park South is an urban neighborhood (based on population density) located in Colorado Springs, Colorado.
Pikes Peak Park South 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 Pikes Peak Park South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Pikes Peak Park South are 5.4%, which is lower than one will find in 64.1% of American neighborhoods. Demand for real estate in Pikes Peak Park South 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
In the Pikes Peak Park South neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 38.4% of commuters carpool here, which is more than in 99.7% of all U.S. neighborhoods.
The Pikes Peak Park South neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.7% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Did you know that the Pikes Peak Park South neighborhood has more Cuban and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Cuban ancestry and 3.5% have Dutch 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 Pikes Peak Park South neighborhood in Colorado Springs are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.9% of U.S. neighborhoods. With 31.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.5% 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 Pikes Peak Park South neighborhood, 36.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.6%), and 13.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Pikes Peak Park South neighborhood is English, spoken by 71.0% of households. Some people also speak Spanish (26.1%).
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 Pikes Peak Park South neighborhood in Colorado Springs, CO, residents most commonly identify their ethnicity or ancestry as Mexican (28.9%). There are also a number of people of German ancestry (12.2%), and residents who report Irish roots (12.1%), and some of the residents are also of Spanish ancestry (5.7%), along with some English ancestry residents (5.3%), among others. In addition, 15.4% of the residents of this neighborhood were born in another country.
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 Pikes Peak Park South neighborhood spend between 15 and 30 minutes commuting one-way to work (64.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (50.8%) 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 (38.4%) and 5.8% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.