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Real Estate Prices & Overview

Timber East / State Ave median real estate price is $343,136, which is more expensive than 84.1% of the neighborhoods in Iowa and 47.7% of the neighborhoods in the U.S.

The average rental price in Timber East / State Ave is currently $1,400, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.8% of the neighborhoods in Iowa.

Timber East / State Ave is a suburban neighborhood (based on population density) located in Ames, Iowa.

Timber East / State Ave 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 Timber East / State Ave 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.

Real estate vacancies in Timber East / State Ave are 5.2%, which is lower than one will find in 65.5% of American neighborhoods. Demand for real estate in Timber East / State Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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.

People

Of note is NeighborhoodScout's research finding that the Timber East / State Ave 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 Timber East / State Ave community truly stands out from the rest in this regard.

In addition, neighborhoodScout's analysis shows that the Timber East / State Ave neighborhood has a greater concentration of residents currently enrolled in college than 99.4% of the neighborhoods in the U.S. With 58.5% of the population here attending college, this is very much a college-focused neighborhood.

Also, one of the really interesting characteristics about the Timber East / State Ave neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.7% of college-friendly places to live in the state of Iowa.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Timber East / State Ave neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Timber East / State Ave neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 63.2% 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 97.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Timber East / State Ave neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Timber East / State Ave neighborhood has more German and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.1% of this neighborhood's residents have German ancestry and 4.2% have Swedish ancestry.

Timber East / State Ave is also pretty special linguistically. Significantly, 2.2% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Timber East / State Ave neighborhood in Ames are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.9% of U.S. neighborhoods. 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 Timber East / State Ave neighborhood, 47.2% 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 33.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.6%), and 8.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Timber East / State Ave neighborhood is English, spoken by 93.0% of households. Some people also speak German/Yiddish (2.2%).

Ethnicity / Ancestry

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 Timber East / State Ave neighborhood in Ames, IA, residents most commonly identify their ethnicity or ancestry as German (34.1%). There are also a number of people of Irish ancestry (20.3%), and residents who report English roots (6.5%), and some of the residents are also of Asian ancestry (5.0%), along with some Norwegian ancestry residents (4.4%), among others.

Getting to Work

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 Timber East / State Ave neighborhood spend under 15 minutes commuting one-way to work (63.2% of working residents), one of the shortest commutes across America.

Here most residents (69.4%) 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 (10.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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