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Real Estate Prices & Overview

University of Northern Iowa median real estate price is $243,918, which is more expensive than 60.2% of the neighborhoods in Iowa and 29.5% of the neighborhoods in the U.S.

The average rental price in University of Northern Iowa is currently $1,332, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.1% of the neighborhoods in Iowa.

University of Northern Iowa is an urban neighborhood (based on population density) located in Cedar Falls, Iowa.

University of Northern Iowa 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 renter occupied. Many of the residences in the University of Northern Iowa neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 8.3% in University of Northern Iowa. NeighborhoodScout analysis shows that this rate is lower than 46.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

Of note is NeighborhoodScout's research finding that the University of Northern Iowa neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the University of Northern Iowa community truly stands out from the rest in this regard.

In addition, one of the really interesting characteristics about the University of Northern Iowa neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.1% of college-friendly places to live in the state of Iowa.

Also, neighborhoodScout's analysis shows that the University of Northern Iowa neighborhood has a greater concentration of residents currently enrolled in college than 99.8% of the neighborhoods in the U.S. With 87.6% of the population here attending college, this is very much a college-focused neighborhood.

Occupations

There are more people living in the University of Northern Iowa neighborhood employed as sales and service workers (45.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

More people in University of Northern Iowa choose to walk to work each day (35.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the University of Northern Iowa neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 76.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

Renter-occupied real estate is dominant in the University of Northern Iowa neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.6%, which is higher than 98.4% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the University of Northern Iowa neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 35.4% of the households here have four, five, or more cars. That is more cars per household than in 96.3% of the neighborhoods in the nation.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the University of Northern Iowa neighborhood. In the University of Northern Iowa neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the University of Northern Iowa neighborhood has more German and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 39.9% of this neighborhood's residents have German ancestry and 6.3% have Norwegian ancestry.

University of Northern Iowa is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 96.4% 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 University of Northern Iowa neighborhood in Cedar Falls are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.2% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America'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 University of Northern Iowa neighborhood, 54.1% 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 clerical, assistant, and tech support occupations, with 18.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.9%), and 10.5% in manufacturing and laborer occupations.

Languages

The most common language spoken in the University of Northern Iowa neighborhood is English, spoken by 95.3% of households.

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 University of Northern Iowa neighborhood in Cedar Falls, IA, residents most commonly identify their ethnicity or ancestry as German (39.9%). There are also a number of people of Irish ancestry (13.0%), and residents who report English roots (9.3%), and some of the residents are also of Norwegian ancestry (6.3%), along with some Asian ancestry residents (4.8%), among others.

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 University of Northern Iowa neighborhood spend under 15 minutes commuting one-way to work (76.8% of working residents), one of the shortest commutes across America.

Here most residents (51.8%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (35.6%) . 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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