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Real Estate Prices & Overview

Minerva Park / Sherwood median real estate price is $274,456, which is less expensive than 86.6% of Colorado neighborhoods and 68.2% of all U.S. neighborhoods.

The average rental price in Minerva Park / Sherwood is currently $1,564, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.3% of Colorado neighborhoods.

Minerva Park / Sherwood is a suburban neighborhood (based on population density) located in Grand Junction, Colorado.

Minerva Park / Sherwood real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Minerva Park / Sherwood neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Minerva Park / Sherwood, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 81.2% of all neighborhoods in the U.S. This means that the housing supply in Minerva Park / Sherwood is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Minerva Park / Sherwood neighborhood is a fantastic option for bicycle commuters, as 6.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.0% of the neighborhoods in America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Minerva Park / Sherwood neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Minerva Park / Sherwood neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 67.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Minerva Park / Sherwood neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 5.7% of the workforce so employed, this neighborhood has a greater concentration of such workers than 97.6% of U.S. neighborhoods.

Diversity

Did you know that the Minerva Park / Sherwood neighborhood has more Swiss and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Swiss ancestry and 1.0% have Romanian ancestry.

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 Minerva Park / Sherwood neighborhood in Grand Junction are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.8% of the neighborhoods in America. With 10.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.1% 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 Minerva Park / Sherwood neighborhood, 35.5% 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 22.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.9%), and 14.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Minerva Park / Sherwood neighborhood is English, spoken by 90.3% of households. Some people also speak Spanish (9.3%).

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 Minerva Park / Sherwood neighborhood in Grand Junction, CO, residents most commonly identify their ethnicity or ancestry as German (18.7%). There are also a number of people of Mexican ancestry (15.7%), and residents who report English roots (12.0%), and some of the residents are also of Irish ancestry (8.8%), along with some French ancestry residents (6.0%), among others.

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 Minerva Park / Sherwood neighborhood spend under 15 minutes commuting one-way to work (67.1% of working residents), one of the shortest commutes across America.

Here most residents (77.2%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (6.4%) and 5.4% of residents also carpool with coworkers, friends, or neighbors 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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