Lincoln Park East median real estate price is $495,596, which is more expensive than 34.3% of the neighborhoods in Colorado and 64.1% of the neighborhoods in the U.S.
The average rental price in Lincoln Park East is currently $2,284, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.8% of Colorado neighborhoods.
Lincoln Park East is an urban neighborhood (based on population density) located in Denver, Colorado.
Lincoln Park East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Lincoln Park East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Lincoln Park East has a 9.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.9% 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.
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.
More people in Lincoln Park East choose to walk to work each day (15.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, in the Lincoln Park East neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.7% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 95.8% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 2.8% of residents in the Lincoln Park East neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.6% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
The Lincoln Park East neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
One of the most interesting things about the Lincoln Park East neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 50.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.6% of the neighborhoods in America.
Did you know that the Lincoln Park East neighborhood has more Hungarian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Hungarian ancestry and 4.9% have Scottish ancestry.
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 Lincoln Park East neighborhood in Denver are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.2% of the neighborhoods in America. With 37.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.9% 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 Lincoln Park East neighborhood, 58.2% 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 22.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.4%), and 9.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Lincoln Park East neighborhood is English, spoken by 89.8% of households. Some people also speak Spanish (8.0%).
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 Lincoln Park East neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as Mexican (24.2%). There are also a number of people of German ancestry (13.1%), and residents who report Irish roots (11.3%), and some of the residents are also of English ancestry (9.1%), along with some Italian ancestry residents (8.6%), 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 Lincoln Park East neighborhood spend between 15 and 30 minutes commuting one-way to work (30.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (40.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (15.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.