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Real Estate Prices & Overview

Downtown Sparks East median real estate price is $401,117, which is more expensive than 37.9% of the neighborhoods in Nevada and 53.6% of the neighborhoods in the U.S.

The average rental price in Downtown Sparks East is currently $1,521, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.7% of Nevada neighborhoods.

Downtown Sparks East is an urban neighborhood (based on population density) located in Sparks, Nevada.

Downtown Sparks East 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 Downtown Sparks East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Downtown Sparks East. The current real estate vacancy rate here is 25.5%. This is higher than the rate of vacancies in 92.3% 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.

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 Sparks, the Downtown Sparks East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Downtown Sparks East neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the Downtown Sparks East neighborhood is unique for having just 4.2% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.7% of America's neighborhoods.

Occupations

More people work in manufacturing and as laborers here in the Downtown Sparks East neighborhood than in 98.0% 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 Downtown Sparks East neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Native American ancestry.

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 Downtown Sparks East neighborhood in Sparks are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.8% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America'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 Downtown Sparks East neighborhood, 46.8% 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 31.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.7%), and 9.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the Downtown Sparks East neighborhood is English, spoken by 74.6% of households. Some people also speak Spanish (24.4%).

Ethnicity / Ancestry

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 Downtown Sparks East neighborhood in Sparks, NV, residents most commonly identify their ethnicity or ancestry as Mexican (36.9%). There are also a number of people of Italian ancestry (11.1%), and residents who report Irish roots (9.4%), and some of the residents are also of German ancestry (7.2%), along with some English ancestry residents (3.8%), among others. In addition, 19.9% 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 Downtown Sparks East neighborhood spend under 15 minutes commuting one-way to work (37.7% of working residents), one of the shortest commutes across America.

Here most residents (70.2%) 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 (13.6%) and 6.7% 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.


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