Castle Rock / Waterford median real estate price is $555,968, which is more expensive than 88.1% of the neighborhoods in Minnesota and 71.2% of the neighborhoods in the U.S.
The average rental price in Castle Rock / Waterford is currently $2,545, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.3% of the neighborhoods in Minnesota.
Castle Rock / Waterford is a remote neighborhood (based on population density) located in Northfield, Minnesota.
Castle Rock / Waterford 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 Castle Rock / Waterford neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Castle Rock / Waterford has a 11.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
If you are planning to retire in Minnesota, this neighborhood should be on your must-see list. For many reasons, Castle Rock / Waterford may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Minnesota, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.4% of neighborhoods in MN. If a Minnesota retirement is in your future, this neighborhood should be one of the places you visit.
Did you know that the Castle Rock / Waterford neighborhood has more Norwegian and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.7% of this neighborhood's residents have Norwegian ancestry and 1.0% have Czechoslovakian 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 Castle Rock / Waterford neighborhood in Northfield are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.1% of the neighborhoods in America. In addition, 7.2% 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 58.1% 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 Castle Rock / Waterford neighborhood, 45.1% 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 24.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.9%), and 11.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Castle Rock / Waterford neighborhood is English, spoken by 95.1% of households. Some people also speak Polish (3.3%).
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 Castle Rock / Waterford neighborhood in Northfield, MN, residents most commonly identify their ethnicity or ancestry as German (30.5%). There are also a number of people of Norwegian ancestry (19.7%), and residents who report Irish roots (15.9%), and some of the residents are also of English ancestry (8.4%), along with some Swedish ancestry residents (6.9%), 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 Castle Rock / Waterford neighborhood spend under 15 minutes commuting one-way to work (36.7% of working residents), one of the shortest commutes across America.
Here most residents (73.1%) 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.