Union Station East median real estate price is $1,104,737, which is more expensive than 86.0% of the neighborhoods in Colorado and 90.0% of the neighborhoods in the U.S.
The average rental price in Union Station East is currently $2,640, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.9% of the neighborhoods in Colorado.
Union Station East is a densely urban neighborhood (based on population density) located in Denver, Colorado.
Union Station 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 occupied by a mixture of owners and renters. Many of the residences in the Union Station East 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 Union Station East. The current real estate vacancy rate here is 15.3%. This is higher than the rate of vacancies in 80.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (7.9%). 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.
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.
Of note is NeighborhoodScout's research finding that the Union Station East neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Union Station East community truly stands out from the rest in this regard.
More people in Union Station East choose to walk to work each day (27.0%) 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 Union Station East neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 38.0% 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 97.5% 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, in the Union Station East neighborhood, 12.5% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 96.4% of the neighborhoods in America.
One of the really unique and interesting things about the look and setting of the Union Station East neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 85.5% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.5% of all neighborhoods in America.
Did you know that the Union Station East neighborhood has more Portuguese and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have Portuguese ancestry and 1.8% have Slovak ancestry.
Union Station East is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.
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 Union Station East neighborhood in Denver are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.1% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Union Station East neighborhood, 67.0% 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 18.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.9%), and 3.3% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Union Station East neighborhood is English, spoken by 82.3% of households. Other important languages spoken here include Spanish, Chinese and Russian.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Union Station East neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as German (19.0%). There are also a number of people of Asian ancestry (13.6%), and residents who report Irish roots (12.8%), and some of the residents are also of English ancestry (11.6%), along with some Portuguese ancestry residents (5.5%), among others. In addition, 10.9% 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 Union Station East neighborhood spend between 30 and 45 minutes commuting one-way to work (51.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (27.0%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (16.1%) and 12.5% of residents also take the train for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.