Covenant Blu-Grand Center / Saint Louis University median real estate price is $469,045, which is more expensive than 90.0% of the neighborhoods in Missouri and 63.3% of the neighborhoods in the U.S.
The average rental price in Covenant Blu-Grand Center / Saint Louis University is currently $1,747, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.3% of the neighborhoods in Missouri.
Covenant Blu-Grand Center / Saint Louis University is a densely urban neighborhood (based on population density) located in St. Louis, Missouri.
Covenant Blu-Grand Center / Saint Louis University 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Covenant Blu-Grand Center / Saint Louis University 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.
Vacant apartments or homes are a major fact of life in Covenant Blu-Grand Center / Saint Louis University. The current real estate vacancy rate here is 25.0%. This is higher than the rate of vacancies in 91.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 St. Louis, the Covenant Blu-Grand Center / Saint Louis University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
The Covenant Blu-Grand Center / Saint Louis University 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 97.6% 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, 96.6% of the real estate in the Covenant Blu-Grand Center / Saint Louis University neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, one of the really unique and interesting things about the look and setting of the Covenant Blu-Grand Center / Saint Louis University neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 90.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.3% of all neighborhoods in America.
Also of note, being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Covenant Blu-Grand Center / Saint Louis University neighborhood is one of the most walkable neighborhoods in America.
People
An extraordinary 43.5% of the residents of the Covenant Blu-Grand Center / Saint Louis University neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
In addition, one of the really interesting characteristics about the Covenant Blu-Grand Center / Saint Louis University 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 2.2% of college-friendly places to live in the state of Missouri.
Also, the Covenant Blu-Grand Center / Saint Louis University neighborhood stands out for having an average per capita income lower than 97.1% of the neighborhoods in the United States. Also of note, 58.8% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Modes of Transportation
More people in Covenant Blu-Grand Center / Saint Louis University choose to walk to work each day (14.5%) 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.
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 Covenant Blu-Grand Center / Saint Louis University neighborhood. In the Covenant Blu-Grand Center / Saint Louis University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.9% 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 Covenant Blu-Grand Center / Saint Louis University neighborhood has more Welsh and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Welsh ancestry and 7.2% have French ancestry.
Covenant Blu-Grand Center / Saint Louis University is also pretty special linguistically. Significantly, 2.7% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.2% 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 Covenant Blu-Grand Center / Saint Louis University neighborhood in St. Louis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.1% of U.S. neighborhoods. With 58.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.6% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Covenant Blu-Grand Center / Saint Louis University neighborhood, 56.1% 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 18.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.9%), and 11.3% in manufacturing and laborer 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 Covenant Blu-Grand Center / Saint Louis University neighborhood is English, spoken by 80.6% of households. Other important languages spoken here include Spanish, Korean and Chinese.
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 Covenant Blu-Grand Center / Saint Louis University neighborhood in St. Louis, MO, residents most commonly identify their ethnicity or ancestry as Asian (16.8%). There are also a number of people of Irish ancestry (11.3%), and residents who report German roots (11.0%), and some of the residents are also of French ancestry (7.2%), along with some English ancestry residents (5.4%), 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 Covenant Blu-Grand Center / Saint Louis University neighborhood spend between 15 and 30 minutes commuting one-way to work (38.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.1%) 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 (14.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
