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Real Estate Prices & Overview

Waveland Woods / Waveland Park median real estate price is $281,086, which is more expensive than 71.4% of the neighborhoods in Iowa and 38.4% of the neighborhoods in the U.S.

The average rental price in Waveland Woods / Waveland Park is currently $1,500, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.8% of the neighborhoods in Iowa.

Waveland Woods / Waveland Park is a suburban neighborhood (based on population density) located in Des Moines, Iowa.

Waveland Woods / Waveland Park real estate 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 Waveland Woods / Waveland Park neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Waveland Woods / Waveland Park are 5.0%, which is lower than one will find in 66.8% of American neighborhoods. Demand for real estate in Waveland Woods / Waveland 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.

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.

Diversity

Did you know that the Waveland Woods / Waveland Park neighborhood has more Swedish and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.5% of this neighborhood's residents have Swedish ancestry and 0.6% have Yugoslav 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 Waveland Woods / Waveland Park neighborhood in Des Moines are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.8% of the neighborhoods in America. With 23.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.1% 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 Waveland Woods / Waveland Park neighborhood, 55.5% 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 18.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.7%), and 10.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Waveland Woods / Waveland Park neighborhood is English, spoken by 94.2% of households. Some people also speak Italian (3.5%).

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 Waveland Woods / Waveland Park neighborhood in Des Moines, IA, residents most commonly identify their ethnicity or ancestry as German (26.6%). There are also a number of people of Irish ancestry (24.1%), and residents who report English roots (19.1%), and some of the residents are also of Swedish ancestry (6.5%), along with some French ancestry residents (5.6%), 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 Waveland Woods / Waveland Park neighborhood spend under 15 minutes commuting one-way to work (49.4% of working residents), one of the shortest commutes across America.

Here most residents (70.6%) drive alone in a private automobile to get to work. 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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