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Real Estate Prices & Overview

Median real estate price in the City Center of Iowa Falls is $177,530, which is less expensive than 67.4% of Iowa neighborhoods and 83.2% of all U.S. neighborhoods.

The average rental price in Iowa Falls City Center is currently $1,148, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.1% of Iowa neighborhoods.

Iowa Falls City Center is a remote neighborhood (based on population density) located in Iowa Falls, Iowa.

Real estate in the City Center of Iowa Falls, IA is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Iowa Falls City Center has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.6% 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.

Notable & Unique Neighborhood Characteristics

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 Iowa Falls, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Iowa Falls City Center neighborhood stands out for having an average per capita income lower than 95.9% of the neighborhoods in the United States. Also of note is NeighborhoodScout's research finding that the Iowa Falls City Center 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 Iowa Falls City Center community truly stands out from the rest in this regard.

In addition, 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: 51.8%. This is a higher percent living alone than we found in 96.2% 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.

Modes of Transportation

In the Iowa Falls City Center neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 11.9% of residents here. This is a higher proportion of walking commuters than we found in 96.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!

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 Iowa Falls City Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Iowa Falls City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.2% 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 95.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

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 City Center neighborhood in Iowa Falls are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.9% 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 Iowa Falls City Center neighborhood, 39.1% of the working population is employed in manufacturing and laborer 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 21.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.5%), and 18.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Iowa Falls City Center neighborhood is English, spoken by 91.9% of households. Some people also speak Spanish (7.1%).

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 City Center neighborhood in Iowa Falls, IA, residents most commonly identify their ethnicity or ancestry as German (24.0%). There are also a number of people of English ancestry (8.5%), and residents who report Mexican roots (7.0%), and some of the residents are also of Norwegian ancestry (4.3%), along with some Irish ancestry residents (3.8%), 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 Iowa Falls City Center neighborhood spend under 15 minutes commuting one-way to work (59.2% of working residents), one of the shortest commutes across America.

Here most residents (70.6%) 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 (11.9%) . 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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