Coldwater East median real estate price is $235,103, which is more expensive than 44.5% of the neighborhoods in Michigan and 27.8% of the neighborhoods in the U.S.
The average rental price in Coldwater East is currently $1,943, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.9% of the neighborhoods in Michigan.
Coldwater East is a rural neighborhood (based on population density) located in Coldwater, Michigan.
Coldwater 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 owner occupied. Many of the residences in the Coldwater 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.
Real estate vacancies in Coldwater East are 5.7%, which is lower than one will find in 61.8% of American neighborhoods. Demand for real estate in Coldwater East is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
An interesting characteristic about the Coldwater East neighborhood is that there are more incarcerated people living here than 99.6% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Coldwater East 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.
NeighborhoodScout's exclusive research identifies the Coldwater East neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 43.3% of its working residents employed in such fields, which is a higher proportion than 96.2% of American neighborhoods.
Did you know that the Coldwater East neighborhood has more French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have French Canadian ancestry.
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 Coldwater East neighborhood in Coldwater are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.1% of the neighborhoods in America. With 11.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.4% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Coldwater East neighborhood, 43.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.2%), and 13.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Coldwater East neighborhood is English, spoken by 86.8% of households. Other important languages spoken here include Spanish and Polish.
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 Coldwater East neighborhood in Coldwater, MI, residents most commonly identify their ethnicity or ancestry as German (17.9%). There are also a number of people of Irish ancestry (6.9%), and residents who report English roots (6.7%), and some of the residents are also of Polish ancestry (5.0%), along with some Mexican ancestry residents (4.4%), 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 Coldwater East 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 (79.2%) 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 (18.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.