Riverside / Durham median real estate price is $443,654, which is more expensive than 29.5% of the neighborhoods in Colorado and 58.7% of the neighborhoods in the U.S.
The average rental price in Riverside / Durham is currently $1,919, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.8% of Colorado neighborhoods.
Riverside / Durham is a rural neighborhood (based on population density) located in Grand Junction, Colorado.
Riverside / Durham 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 Riverside / Durham neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Riverside / Durham, the current vacancy rate is 0.6%, which is a lower rate of vacancies than 92.5% of all neighborhoods in the U.S. This means that the housing supply in Riverside / Durham is very tight compared to the demand for property here.
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.
Of particular note, 8.9% of the people in the Riverside / Durham neighborhood currently reside in a correction facility, held due to punishment for a crime.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Riverside / Durham neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.9% 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 97.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.
In the Riverside / Durham neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.6% of commuters carpool here, which is more than in 96.3% of all U.S. neighborhoods.
Homes built from 2000 through today make up a higher proportion of the Riverside / Durham neighborhood's real estate landscape than 96.2% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 71.9% of the residential real estate here is classified as newer.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Riverside / Durham neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Riverside / Durham neighborhood has more Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have Dutch ancestry.
Riverside / Durham is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.2% 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 Riverside / Durham neighborhood in Grand Junction are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.9% of U.S. neighborhoods. In addition, 7.4% 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 57.4% of America'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 Riverside / Durham neighborhood, 54.4% 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 20.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.8%), and 11.1% in clerical, assistant, and tech support occupations.
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 Riverside / Durham neighborhood is English, spoken by 91.1% of households. Other important languages spoken here include Spanish, Italian and Greek.
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 Riverside / Durham neighborhood in Grand Junction, CO, residents most commonly identify their ethnicity or ancestry as German (24.3%). There are also a number of people of Mexican ancestry (13.0%), and residents who report English roots (12.4%), and some of the residents are also of Irish ancestry (7.2%), along with some Italian ancestry residents (4.3%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Riverside / Durham neighborhood spend under 15 minutes commuting one-way to work (62.9% of working residents), one of the shortest commutes across America.
Here most residents (63.4%) 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 (23.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.