Catalpa Park median real estate price is $256,204, which is more expensive than 46.9% of the neighborhoods in Michigan and 30.8% of the neighborhoods in the U.S.
The average rental price in Catalpa Park is currently $2,277, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.1% of the neighborhoods in Michigan.
Catalpa Park is a suburban neighborhood (based on population density) located in Southfield, Michigan.
Catalpa Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Catalpa Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Catalpa Park are 5.8%, which is lower than one will find in 61.0% of American neighborhoods. Demand for real estate in Catalpa Park 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.
Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Catalpa Park neighborhood, is that an incredible 85.9% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
The Catalpa Park neighborhood stands out within Michigan for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.0% of college-friendly places to live in MI.
Did you know that the Catalpa Park neighborhood has more Lebanese and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Lebanese ancestry and 4.4% have Jamaican ancestry.
Catalpa Park is also pretty special linguistically. Significantly, 4.1% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 97.9% 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 Catalpa Park neighborhood in Southfield are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.3% of the neighborhoods in America. With 26.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.5% 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 Catalpa Park neighborhood, 36.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.0%), and 18.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Catalpa Park neighborhood is English, spoken by 80.9% of households. Some people also speak Arabic (4.1%).
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 Catalpa Park neighborhood in Southfield, MI, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (10.2%). There are also a number of people of German ancestry (6.5%), and residents who report English roots (5.1%), and some of the residents are also of Irish ancestry (4.6%), along with some Jamaican ancestry residents (4.4%), among others. In addition, 17.2% of the residents of this neighborhood were born in another country.
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 Catalpa Park neighborhood spend between 15 and 30 minutes commuting one-way to work (47.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.2%) 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 (5.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.