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Real Estate Prices & Overview

Hiwan Estates and Fairway / El Pinal median real estate price is $956,630, which is more expensive than 83.6% of the neighborhoods in Colorado and 89.4% of the neighborhoods in the U.S.

The average rental price in Hiwan Estates and Fairway / El Pinal is currently $2,748, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.3% of the neighborhoods in Colorado.

Hiwan Estates and Fairway / El Pinal is a suburban neighborhood (based on population density) located in Evergreen, Colorado.

Hiwan Estates and Fairway / El Pinal 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 Hiwan Estates and Fairway / El Pinal 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 Hiwan Estates and Fairway / El Pinal, 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 Hiwan Estates and Fairway / El Pinal is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Evergreen, the Hiwan Estates and Fairway / El Pinal neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Hiwan Estates and Fairway / El Pinal 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

Of note is NeighborhoodScout's research finding that the Hiwan Estates and Fairway / El Pinal neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Hiwan Estates and Fairway / El Pinal community truly stands out from the rest in this regard.

In addition, a majority of the adults in the Hiwan Estates and Fairway / El Pinal neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Colorado by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 96.3% of the neighborhoods in Colorado. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.

Occupations

The Hiwan Estates and Fairway / El Pinal neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.6% of the neighborhoods in America. In fact, 70.3% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Hiwan Estates and Fairway / El Pinal neighborhood has more Hungarian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Hungarian ancestry and 2.3% have British ancestry.

Hiwan Estates and Fairway / El Pinal is also pretty special linguistically. Significantly, 1.6% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.

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 Hiwan Estates and Fairway / El Pinal neighborhood in Evergreen 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 92.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Hiwan Estates and Fairway / El Pinal neighborhood, 70.3% 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 18.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.0%), and 4.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Hiwan Estates and Fairway / El Pinal neighborhood is English, spoken by 92.3% of households. Some people also speak Spanish (5.7%).

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 Hiwan Estates and Fairway / El Pinal neighborhood in Evergreen, CO, residents most commonly identify their ethnicity or ancestry as German (19.5%). There are also a number of people of Irish ancestry (17.9%), and residents who report English roots (16.1%), and some of the residents are also of Italian ancestry (9.0%), along with some Mexican ancestry residents (5.5%), among others.

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 Hiwan Estates and Fairway / El Pinal neighborhood spend between 30 and 45 minutes commuting one-way to work (45.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (66.1%) 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 (7.1%) . 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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