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Real Estate Prices & Overview

S 27th Ave / E Southern St median real estate price is $444,624, which is more expensive than 33.9% of the neighborhoods in Colorado and 57.3% of the neighborhoods in the U.S.

The average rental price in S 27th Ave / E Southern St is currently $3,013, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.8% of the neighborhoods in Colorado.

S 27th Ave / E Southern St is a suburban neighborhood (based on population density) located in Brighton, Colorado.

S 27th Ave / E Southern St 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 S 27th Ave / E Southern St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In S 27th Ave / E Southern St, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 89.7% of all neighborhoods in the U.S. This means that the housing supply in S 27th Ave / E Southern St 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.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the S 27th Ave / E Southern St neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 37.5% of the households here have four, five, or more cars. That is more cars per household than in 97.3% of the neighborhoods in the nation.

Diversity

Did you know that the S 27th Ave / E Southern St neighborhood has more Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Armenian 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 S 27th Ave / E Southern St neighborhood in Brighton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.2% of the neighborhoods in America. With 12.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.5% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the S 27th Ave / E Southern St neighborhood, 36.9% 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 27.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.7%), and 16.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

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 S 27th Ave / E Southern St neighborhood is English, spoken by 78.5% of households. Other important languages spoken here include Spanish and Italian.

Ethnicity / Ancestry

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 S 27th Ave / E Southern St neighborhood in Brighton, CO, residents most commonly identify their ethnicity or ancestry as Mexican (36.2%). There are also a number of people of German ancestry (24.1%), and residents who report Irish roots (6.0%), and some of the residents are also of Italian ancestry (4.7%), along with some English ancestry residents (3.1%), among others. In addition, 12.0% of the residents of this neighborhood were born in another country.

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 S 27th Ave / E Southern St neighborhood spend between 15 and 30 minutes commuting one-way to work (31.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.5%) 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 (16.9%) . 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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