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Real Estate Prices & Overview

Erie Village / Leyner median real estate price is $932,820, which is more expensive than 78.5% of the neighborhoods in Colorado and 87.2% of the neighborhoods in the U.S.

The average rental price in Erie Village / Leyner is currently $4,027, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.2% of the neighborhoods in Colorado.

Erie Village / Leyner is a rural neighborhood (based on population density) located in Erie, Colorado.

Erie Village / Leyner real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Erie Village / Leyner 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 Erie Village / Leyner, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Erie Village / Leyner is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Erie Village / Leyner neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

People

The rate of college educated adults in the Erie Village / Leyner neighborhood is a unique characteristic of the neighborhood. 76.7% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.7% of all U.S. neighborhoods.

In addition, the Erie Village / Leyner neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.6% of Colorado neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates and families with school-aged children.

Diversity

Did you know that the Erie Village / Leyner neighborhood has more English and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.6% of this neighborhood's residents have English ancestry and 6.4% have Swedish ancestry.

The Neighbors

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 Erie Village / Leyner neighborhood in Erie are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.0% of the neighborhoods in America. In addition, 5.0% 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 64.7% of America'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 Erie Village / Leyner neighborhood, 63.1% 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 14.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.6%), and 10.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Erie Village / Leyner neighborhood is English, spoken by 96.5% of households. Some people also speak Spanish (2.0%).

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 Erie Village / Leyner neighborhood in Erie, CO, residents most commonly identify their ethnicity or ancestry as English (29.6%). There are also a number of people of German ancestry (22.5%), and residents who report Irish roots (10.1%), and some of the residents are also of Mexican ancestry (8.7%), along with some Swedish ancestry residents (6.4%), among others.

Getting to Work

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 Erie Village / Leyner neighborhood spend between 15 and 30 minutes commuting one-way to work (48.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.6%) 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 (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
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Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
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Schools include:
School Ratings
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