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Real Estate Prices & Overview

Canyon Gate East median real estate price is $693,371, which is more expensive than 84.3% of the neighborhoods in Nevada and 79.6% of the neighborhoods in the U.S.

The average rental price in Canyon Gate East is currently $2,485, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.1% of the neighborhoods in Nevada.

Canyon Gate East is a suburban neighborhood (based on population density) located in Las Vegas, Nevada.

Canyon Gate East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Canyon Gate East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Canyon Gate East has a 12.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.4% 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.

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 Las Vegas, the Canyon Gate East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Canyon Gate East stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.4% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Canyon Gate East neighborhood has more Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Armenian ancestry.

Canyon Gate East is also pretty special linguistically. Significantly, 3.8% 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 98.3% of the neighborhoods in America.

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 Canyon Gate East neighborhood in Las Vegas are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.1% of U.S. neighborhoods. With 16.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.0% 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 Canyon Gate East neighborhood, 40.7% 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 21.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.8%), and 18.7% in clerical, assistant, and tech support 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 Canyon Gate East neighborhood is English, spoken by 75.0% of households. Other important languages spoken here include Spanish and Korean.

Ethnicity / Ancestry

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 Canyon Gate East neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Italian (12.6%). There are also a number of people of Asian ancestry (9.2%), and residents who report Irish roots (8.6%), and some of the residents are also of German ancestry (8.5%), along with some Mexican ancestry residents (7.9%), among others. In addition, 12.2% 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 Canyon Gate East neighborhood spend between 15 and 30 minutes commuting one-way to work (69.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.7%) 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 (9.0%) . 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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