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Real Estate Prices & Overview

Mar Lee East median real estate price is $470,618, which is less expensive than 68.7% of Colorado neighborhoods and 36.6% of all U.S. neighborhoods.

The average rental price in Mar Lee East is currently $2,092, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.4% of Colorado neighborhoods.

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

Mar Lee East 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 Mar Lee East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Mar Lee East, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.2% of all neighborhoods in the U.S. This means that the housing supply in Mar Lee East 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 Denver, the Mar Lee East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

With more than 1.9% of residents living with a same sex partner, Mar Lee East is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.5% of U.S. neighborhoods.

Diversity

Did you know that the Mar Lee East neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 57.5% of this neighborhood's residents have Mexican ancestry.

Mar Lee East is also pretty special linguistically. Significantly, 5.5% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 98.5% 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 Mar Lee East neighborhood in Denver are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.5% of U.S. neighborhoods. With 27.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.3% of U.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 Mar Lee East neighborhood, 34.7% of the working population is employed in manufacturing and laborer 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 31.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.2%), and 12.9% in clerical, assistant, and tech support 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 Mar Lee East neighborhood is English, spoken by 47.0% of households. Other important languages spoken here include Spanish and Vietnamese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Mar Lee East neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as Mexican (57.5%). There are also a number of people of German ancestry (10.5%), and residents who report Irish roots (4.9%), and some of the residents are also of Asian ancestry (4.2%), along with some English ancestry residents (4.1%), among others. In addition, 25.0% of the residents of this neighborhood were born in another country.

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 Mar Lee East neighborhood spend between 30 and 45 minutes commuting one-way to work (46.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.3%) 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 (10.1%) and 6.6% of residents also ride the bus 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.


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