Algona East median real estate price is $209,397, which is more expensive than 43.0% of the neighborhoods in Iowa and 20.7% of the neighborhoods in the U.S.
The average rental price in Algona East is currently $1,215, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.5% of Iowa neighborhoods.
Algona East is a rural neighborhood (based on population density) located in Algona, Iowa.
Algona East 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 Algona East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Algona East has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.5% 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.
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 Algona, the Algona East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Algona East neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Algona East neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 71.1% 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 98.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.
If you are planning to retire in Iowa, this neighborhood should be on your must-see list. For many reasons, Algona East 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 Iowa, 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 96.9% of neighborhoods in IA. If a Iowa retirement is in your future, this neighborhood should be one of the places you visit.
Did you know that the Algona East neighborhood has more German and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 50.3% of this neighborhood's residents have German ancestry and 10.3% have Norwegian 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 Algona East neighborhood in Algona are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.4% of U.S. neighborhoods. In addition, 8.9% 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 52.7% of America'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 Algona East neighborhood, 34.9% 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 28.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.1%), and 16.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Algona East neighborhood is English, spoken by 97.3% of households. Some people also speak Spanish (2.2%).
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 Algona East neighborhood in Algona, IA, residents most commonly identify their ethnicity or ancestry as German (50.3%). There are also a number of people of Irish ancestry (15.1%), and residents who report Norwegian roots (10.3%), and some of the residents are also of English ancestry (5.0%), along with some Italian ancestry residents (3.0%), 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 Algona East neighborhood spend under 15 minutes commuting one-way to work (71.1% of working residents), one of the shortest commutes across America.
Here most residents (82.3%) 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 (7.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.