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Real Estate Prices & Overview

Fraser median real estate price is $343,827, which is more expensive than 81.6% of the neighborhoods in Iowa and 46.6% of the neighborhoods in the U.S.

The average rental price in Fraser is currently $1,289, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.6% of the neighborhoods in Iowa.

Fraser is a remote neighborhood (based on population density) located in Boone, Iowa.

Fraser real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Fraser 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 1970 and 1999.

Real estate vacancies in Fraser are 3.6%, which is lower than one will find in 76.5% of American neighborhoods. Demand for real estate in Fraser 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.

Real Estate

Unpopulated, and rural, the Fraser neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 94.5% of the neighborhoods in America.

People

If you're nearing retirement age, or in retirement, the Fraser is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.8% of retiree-friendly neighborhoods in Iowa, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Iowa. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.

Diversity

Did you know that the Fraser neighborhood has more Swedish and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.8% of this neighborhood's residents have Swedish ancestry and 5.4% have Dutch ancestry.

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 Fraser neighborhood in Boone are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.1% of the neighborhoods in America. In addition, 3.4% 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 69.9% 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 Fraser neighborhood, 53.3% 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 21.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.5%), and 9.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Fraser neighborhood is English, spoken by 94.6% of households. Some people also speak Spanish (5.4%).

Ethnicity / Ancestry

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 Fraser neighborhood in Boone, IA, residents most commonly identify their ethnicity or ancestry as German (33.7%). There are also a number of people of Irish ancestry (14.8%), and residents who report English roots (12.6%), and some of the residents are also of Swedish ancestry (9.8%), along with some Norwegian ancestry residents (7.2%), 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 Fraser neighborhood spend under 15 minutes commuting one-way to work (33.1% of working residents), one of the shortest commutes across America.

Here most residents (83.6%) drive alone in a private automobile to get to work. 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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