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Real Estate Prices & Overview

Goldsmith East median real estate price is $734,612, which is more expensive than 68.6% of the neighborhoods in Colorado and 81.9% of the neighborhoods in the U.S.

The average rental price in Goldsmith East is currently $2,173, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.4% of Colorado neighborhoods.

Goldsmith East is an urban neighborhood (based on population density) located in Denver, Colorado.

Goldsmith East 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 renter occupied. Many of the residences in the Goldsmith East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Goldsmith East has a 11.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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.

Diversity

Did you know that the Goldsmith East neighborhood has more Italian and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.9% of this neighborhood's residents have Italian ancestry and 22.4% have English ancestry.

Goldsmith East is also pretty special linguistically. Significantly, 5.4% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.

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 Goldsmith East neighborhood in Denver are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.2% of the neighborhoods in America. With 22.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.5% of U.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 Goldsmith East neighborhood, 54.0% 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 19.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.9%), and 11.9% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Goldsmith East neighborhood is English, spoken by 77.4% of households. Other important languages spoken here include Spanish and French.

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 Goldsmith East neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as English (22.4%). There are also a number of people of Italian ancestry (20.9%), and residents who report German roots (13.8%), and some of the residents are also of Mexican ancestry (12.4%), along with some Irish ancestry residents (11.8%), 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 Goldsmith East neighborhood spend between 15 and 30 minutes commuting one-way to work (49.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (57.6%) 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 (18.1%) . 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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