Coldwater West median real estate price is $256,068, which is more expensive than 49.8% of the neighborhoods in Michigan and 31.5% of the neighborhoods in the U.S.
The average rental price in Coldwater West is currently $1,617, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.9% of Michigan neighborhoods.
Coldwater West is a rural neighborhood (based on population density) located in Coldwater, Michigan.
Coldwater West 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 Coldwater West 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.
Vacant apartments or homes are a major fact of life in Coldwater West. The current real estate vacancy rate here is 19.6%. This is higher than the rate of vacancies in 86.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (12.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 Coldwater, the Coldwater West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Coldwater West neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 63.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.
If you're planning where to retire, the Coldwater West neighborhood in Coldwater is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in MI, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.8% of the neighborhoods in Michigan. If you are considering retiring to Michigan, this is a good neighborhood to look at.
Did you know that the Coldwater West neighborhood has more Austrian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Austrian ancestry and 7.2% have Swedish ancestry.
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 Coldwater West neighborhood in Coldwater are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.6% of U.S. neighborhoods. In addition, 7.3% 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 57.8% 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 Coldwater West neighborhood, 37.8% 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 30.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.1%), and 15.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Coldwater West neighborhood is English, spoken by 99.2% of households. Some people also speak Polish (4.7%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Coldwater West neighborhood in Coldwater, MI, residents most commonly identify their ethnicity or ancestry as German (26.9%). There are also a number of people of English ancestry (17.5%), and residents who report Irish roots (13.6%), and some of the residents are also of Polish ancestry (7.5%), along with some Swedish ancestry residents (7.2%), among others.
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 Coldwater West neighborhood spend under 15 minutes commuting one-way to work (63.1% of working residents), one of the shortest commutes across America.
Here most residents (81.4%) 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 (14.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.