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Real Estate Prices & Overview

Orvin median real estate price is $443,516, which is more expensive than 49.7% of the neighborhoods in Idaho and 56.4% of the neighborhoods in the U.S.

The average rental price in Orvin is currently $1,936, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.7% of the neighborhoods in Idaho.

Orvin is a rural neighborhood (based on population density) located in Idaho Falls, Idaho.

Orvin real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Orvin neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Orvin are 4.3%, which is lower than one will find in 69.3% of American neighborhoods. Demand for real estate in Orvin 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

In a nation where 1 out of every 4 children lives in poverty, the Orvin neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the Orvin neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 92.5% of Idaho neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.

Real Estate

One way that the Orvin neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.3% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

In addition, real estate in the Orvin neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.9% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

Diversity

Did you know that the Orvin neighborhood has more Danish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.1% of this neighborhood's residents have Danish ancestry and 15.4% have Norwegian 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 Orvin neighborhood in Idaho Falls are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.1% of the neighborhoods in America. 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.

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 Orvin neighborhood, 48.0% 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 19.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.8%), and 12.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Orvin neighborhood is English, spoken by 95.1% of households. Some people also speak Spanish (3.6%).

Ethnicity / Ancestry

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 Orvin neighborhood in Idaho Falls, ID, residents most commonly identify their ethnicity or ancestry as English (23.6%). There are also a number of people of Danish ancestry (16.1%), and residents who report Norwegian roots (15.4%), and some of the residents are also of German ancestry (12.0%), along with some Irish ancestry residents (5.5%), 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 Orvin neighborhood spend under 15 minutes commuting one-way to work (46.6% of working residents), one of the shortest commutes across America.

Here most residents (72.5%) 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 (9.2%) and 5.2% of residents also carpool with coworkers, friends, or neighbors 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.

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