Historic Old Town / North Old Town median real estate price is $282,932, which is more expensive than 66.9% of the neighborhoods in Iowa and 34.2% of the neighborhoods in the U.S.
The average rental price in Historic Old Town / North Old Town is currently $1,275, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.4% of Iowa neighborhoods.
Historic Old Town / North Old Town is a suburban neighborhood (based on population density) located in Ames, Iowa.
Historic Old Town / North Old Town real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Historic Old Town / North Old Town neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Historic Old Town / North Old Town has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.7% 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.
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 Ames, the Historic Old Town / North Old Town neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Historic Old Town / North Old Town neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 72.6% 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 98.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.9% of residents in the Historic Old Town / North Old Town neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 49.2%. This is a higher percent living alone than we found in 95.0% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
In addition, according to NeighborhoodScout's research, Historic Old Town / North Old Town is better suited for first-time home buyers than 87.8% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Iowa. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood
If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 55.3% of the residential real estate in the Historic Old Town / North Old Town neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the Historic Old Town / North Old Town neighborhood has more Norwegian and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.4% of this neighborhood's residents have Norwegian ancestry and 4.7% have Dutch 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 Historic Old Town / North Old Town neighborhood in Ames are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.6% of the neighborhoods in America. In addition, 6.7% 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 59.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Historic Old Town / North Old Town neighborhood, 42.0% 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 25.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.7%), and 14.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Historic Old Town / North Old Town neighborhood is English, spoken by 91.8% of households. Some people also speak Spanish (2.5%).
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 Historic Old Town / North Old Town neighborhood in Ames, IA, residents most commonly identify their ethnicity or ancestry as German (25.7%). There are also a number of people of Irish ancestry (16.9%), and residents who report English roots (12.4%), and some of the residents are also of Norwegian ancestry (9.4%), along with some Dutch ancestry residents (4.7%), 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 Historic Old Town / North Old Town neighborhood spend under 15 minutes commuting one-way to work (72.6% of working residents), one of the shortest commutes across America.
Here most residents (61.7%) 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 (10.0%) and 9.8% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.