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Real Estate Prices & Overview

Urban Plains / Anderson Park median real estate price is $302,031, which is more expensive than 63.3% of the neighborhoods in North Dakota and 39.9% of the neighborhoods in the U.S.

The average rental price in Urban Plains / Anderson Park is currently $1,235, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.1% of the neighborhoods in North Dakota.

Urban Plains / Anderson Park is a suburban neighborhood (based on population density) located in Fargo, North Dakota.

Urban Plains / Anderson Park 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 occupied by a mixture of owners and renters. Many of the residences in the Urban Plains / Anderson Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Urban Plains / Anderson Park, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.7% of all neighborhoods in the U.S. This means that the housing supply in Urban Plains / Anderson Park is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Fargo, the Urban Plains / Anderson Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Urban Plains / Anderson Park neighborhood. A whopping 91.6% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.0% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, the real estate in the Urban Plains / Anderson Park neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 88.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.0% of American neighborhoods.

Furthermore, renter-occupied real estate is dominant in the Urban Plains / Anderson Park neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.9%, which is higher than 97.6% 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.

Also of note, the Urban Plains / Anderson Park 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 87.6% 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.

Diversity

Did you know that the Urban Plains / Anderson Park neighborhood has more Norwegian and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.2% of this neighborhood's residents have Norwegian ancestry and 45.2% have German ancestry.

Urban Plains / Anderson Park is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 95.4% of the neighborhoods in America.

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 Urban Plains / Anderson Park neighborhood. In the Urban Plains / Anderson Park neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 Urban Plains / Anderson Park neighborhood in Fargo are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.4% of U.S. neighborhoods. With 21.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.3% 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 Urban Plains / Anderson Park neighborhood, 59.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 15.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.0%), and 9.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Urban Plains / Anderson Park neighborhood is English, spoken by 95.2% of households. Some people also speak African languages (2.1%).

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 Urban Plains / Anderson Park neighborhood in Fargo, ND, residents most commonly identify their ethnicity or ancestry as German (45.2%). There are also a number of people of Norwegian ancestry (25.2%), and residents who report Sub-Saharan African roots (11.9%), and some of the residents are also of Irish ancestry (8.9%), along with some French ancestry residents (7.1%), among others. In addition, 12.7% 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 Urban Plains / Anderson Park neighborhood spend under 15 minutes commuting one-way to work (56.4% of working residents), one of the shortest commutes across America.

Here most residents (83.6%) 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 (7.5%) . 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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