Old Town median real estate price is $200,712, which is more expensive than 40.7% of the neighborhoods in Iowa and 21.7% of the neighborhoods in the U.S.
The average rental price in Old Town is currently $1,211, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.6% of Iowa neighborhoods.
Old Town is a suburban neighborhood (based on population density) located in Council Bluffs, Iowa.
Old Town real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Old Town 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 2000 and the present.
Old Town has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.9% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Divorcees may find friendship and understanding in this neighborhood, as 35.5% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.9% of the neighborhoods in America.
In addition, the Old Town neighborhood stands out for having an average per capita income lower than 99.4% of the neighborhoods in the United States.
The Old Town neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, 89.3% of the real estate in the Old Town neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 61.0% of the residential real estate in the Old Town neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the Old Town neighborhood has more Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Danish ancestry.
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 Old Town neighborhood in Council Bluffs are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.4% of U.S. neighborhoods. With 51.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.4% 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 Old Town neighborhood, 34.6% 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 26.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.6%), and 16.0% in executive, management, and professional occupations.
The most common language spoken in the Old Town neighborhood is English, spoken by 82.6% of households. Some people also speak Spanish (14.6%).
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 Old Town neighborhood in Council Bluffs, IA, residents most commonly identify their ethnicity or ancestry as German (17.7%). There are also a number of people of English ancestry (16.3%), and residents who report Mexican roots (15.5%), and some of the residents are also of Irish ancestry (12.4%), along with some Polish ancestry residents (4.7%), among others.
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 Old Town neighborhood spend under 15 minutes commuting one-way to work (51.7% of working residents), one of the shortest commutes across America.
Here most residents (72.9%) 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 (17.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.