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Real Estate Prices & Overview

Median real estate price in the City Center of Marshalltown is $97,429, which is less expensive than 93.2% of Iowa neighborhoods and 95.3% of all U.S. neighborhoods.

The average rental price in Marshalltown City Center is currently $1,262, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.9% of Iowa neighborhoods.

Marshalltown City Center is a suburban neighborhood (based on population density) located in Marshalltown, Iowa.

Real estate in the City Center of Marshalltown, IA is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 8.4% in Marshalltown City Center. NeighborhoodScout analysis shows that this rate is lower than 45.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

People

NeighborhoodScout's exclusive research revealed that 96.1% of the adult residents in the Marshalltown City Center neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.9% of the neighborhoods in America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Marshalltown City Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Marshalltown City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.4% 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 96.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Marshalltown City Center neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 96.7% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Furthermore, more people work in manufacturing and as laborers here in the Marshalltown City Center neighborhood than in 95.8% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Marshalltown City Center neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 53.5% of this neighborhood's residents have Mexican ancestry.

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 City Center neighborhood in Marshalltown are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.6% of U.S. neighborhoods. With 28.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.8% 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 Marshalltown City Center neighborhood, 42.7% 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 24.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.0%), and 13.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Marshalltown City Center neighborhood is Spanish, spoken by 51.3% of households. Some people also speak English (45.0%).

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 City Center neighborhood in Marshalltown, IA, residents most commonly identify their ethnicity or ancestry as Mexican (53.5%). There are also a number of people of German ancestry (8.6%), and residents who report English roots (5.4%), and some of the residents are also of Asian ancestry (4.6%), along with some Irish ancestry residents (3.4%), among others. In addition, 26.9% 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 Marshalltown City Center neighborhood spend under 15 minutes commuting one-way to work (62.4% of working residents), one of the shortest commutes across America.

Here most residents (73.5%) 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 (19.6%) and 6.9% 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.


Real Estate includes:
Average Home Values
Rental Market
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Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
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Public School Test Scores
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Educational Expenditures

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