Median real estate price in the City Center of Fridley is $332,937, which is more expensive than 45.8% of the neighborhoods in Minnesota and 45.1% of the neighborhoods in the U.S.
The average rental price in Fridley City Center is currently $2,071, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.7% of the neighborhoods in Minnesota.
Fridley City Center is a suburban neighborhood (based on population density) located in Fridley, Minnesota.
Real estate in the City Center of Fridley, MN 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 City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
In Fridley City Center, the current vacancy rate is 2.1%, which is a lower rate of vacancies than 85.7% of all neighborhoods in the U.S. This means that the housing supply in Fridley City Center is very tight compared to the demand for property here.
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 Fridley, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Fridley City Center neighborhood has more South American and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.5% of this neighborhood's residents have South American ancestry and 6.5% have Swedish ancestry.
Fridley City Center is also pretty special linguistically. Significantly, 9.6% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.7% 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 City Center neighborhood in Fridley are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.6% of U.S. neighborhoods. With 38.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.9% 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 Fridley City Center neighborhood, 34.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.6%), and 15.8% 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 Fridley City Center neighborhood is English, spoken by 68.5% of households. Other important languages spoken here include Spanish and African languages.
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 City Center neighborhood in Fridley, MN, residents most commonly identify their ethnicity or ancestry as German (16.4%). There are also a number of people of Mexican ancestry (14.4%), and residents who report South American roots (12.5%), and some of the residents are also of Irish ancestry (8.4%), along with some Swedish ancestry residents (6.5%), among others. In addition, 12.3% 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 Fridley City Center neighborhood spend between 15 and 30 minutes commuting one-way to work (40.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (69.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (7.2%) and 5.6% 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.