University Place median real estate price is $487,795, which is more expensive than 85.8% of the neighborhoods in Kansas and 61.8% of the neighborhoods in the U.S.
The average rental price in University Place is currently $1,166, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.2% of Kansas neighborhoods.
University Place is an urban neighborhood (based on population density) located in Lawrence, Kansas.
University Place 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the University Place neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.7% in University Place. NeighborhoodScout analysis shows that this rate is lower than 49.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Lawrence, the University Place neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the really interesting characteristics about the University Place 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 0.7% of college-friendly places to live in the state of Kansas.
In addition, neighborhoodScout's analysis shows that the University Place neighborhood has a greater concentration of residents currently enrolled in college than 99.0% of the neighborhoods in the U.S. With 42.1% of the population here attending college, this is very much a college-focused neighborhood.
More people in University Place choose to walk to work each day (24.8%) 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.
Renter-occupied real estate is dominant in the University Place neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.5%, which is higher than 96.7% 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.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The University Place neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 33.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.5% of America's neighborhoods.
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 Place neighborhood. In the University Place neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the University Place neighborhood has more Swedish and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.2% of this neighborhood's residents have Swedish ancestry and 3.4% have Jamaican ancestry.
University Place is also pretty special linguistically. Significantly, 9.3% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the University Place neighborhood in Lawrence are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.5% of U.S. neighborhoods. In addition, 8.6% 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 54.1% of America'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 University Place neighborhood, 53.5% 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 (14.7%), and 12.7% in manufacturing and laborer occupations.
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 University Place neighborhood is English, spoken by 85.6% of households. Other important languages spoken here include Chinese, Polish and Spanish.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the University Place neighborhood in Lawrence, KS, residents most commonly identify their ethnicity or ancestry as German (20.7%). There are also a number of people of Irish ancestry (17.9%), and residents who report Asian roots (13.3%), and some of the residents are also of English ancestry (8.3%), along with some Swedish ancestry residents (6.2%), among others.
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 University Place neighborhood spend under 15 minutes commuting one-way to work (42.5% of working residents), one of the shortest commutes across America.
Here most residents (62.4%) 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 (24.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.