Montbello Northeast median real estate price is $469,542, which is less expensive than 70.7% of Colorado neighborhoods and 37.9% of all U.S. neighborhoods.
The average rental price in Montbello Northeast is currently $2,840, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.2% of the neighborhoods in Colorado.
Montbello Northeast is a densely urban neighborhood (based on population density) located in Denver, Colorado.
Montbello Northeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Montbello Northeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Montbello Northeast, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 85.8% of all neighborhoods in the U.S. This means that the housing supply in Montbello Northeast is very tight compared to the demand for property here.
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 Denver, the Montbello Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Montbello Northeast neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 48.9% of the households here have four, five, or more cars. That is more cars per household than in 99.6% of the neighborhoods in the nation.
Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Montbello Northeast neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 96.0% of all American neighborhoods.
Did you know that the Montbello Northeast neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 62.3% of this neighborhood's residents have Mexican ancestry.
Montbello Northeast is also pretty special linguistically. Significantly, 65.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.7% of all U.S. neighborhoods.
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 Montbello Northeast 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 56.2% of the neighborhoods in America. With 21.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.7% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Montbello Northeast neighborhood, 37.2% of the working population is employed in manufacturing and laborer 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 27.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.2%), and 12.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Montbello Northeast neighborhood is Spanish, spoken by 65.3% of households. Some people also speak English (33.6%).
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 Montbello Northeast neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as Mexican (62.3%). There are also a number of people of Spanish ancestry (10.3%), and residents who report English roots (7.7%), and some of the residents are also of Irish ancestry (1.9%), along with some German ancestry residents (1.1%), among others. In addition, 27.8% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Montbello Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (34.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (79.7%) 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 (15.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.