Cedar Highlands median real estate price is $332,370, which is less expensive than 59.3% of Minnesota neighborhoods and 57.5% of all U.S. neighborhoods.
The average rental price in Cedar Highlands is currently $2,052, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.4% of the neighborhoods in Minnesota.
Cedar Highlands is a suburban neighborhood (based on population density) located in Lakeville, Minnesota.
Cedar Highlands real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Cedar Highlands neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Cedar Highlands, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 83.4% of all neighborhoods in the U.S. This means that the housing supply in Cedar Highlands is very tight compared to the demand for property here.
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 Lakeville, the Cedar Highlands neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Single parenting is hard. But you don't have to tell the Cedar Highlands neighborhood about it; they already know. 17.1% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.0% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the Cedar Highlands neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.8% of the neighborhoods in MN. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the Cedar Highlands neighborhood has more Swedish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.4% of this neighborhood's residents have Swedish ancestry and 10.1% have Norwegian 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 Cedar Highlands neighborhood in Lakeville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.0% of the neighborhoods in America. With 10.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.0% of U.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 Cedar Highlands neighborhood, 35.0% 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 27.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.0%), and 15.0% in manufacturing and laborer occupations.
The most common language spoken in the Cedar Highlands neighborhood is English, spoken by 84.7% of households. Some people also speak Spanish (2.7%).
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 Cedar Highlands neighborhood in Lakeville, MN, residents most commonly identify their ethnicity or ancestry as German (31.0%). There are also a number of people of Norwegian ancestry (10.1%), and residents who report Irish roots (8.7%), and some of the residents are also of English ancestry (7.9%), along with some Sub-Saharan African ancestry residents (6.6%), among others.
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 Cedar Highlands neighborhood spend between 15 and 30 minutes commuting one-way to work (38.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (71.3%) 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 (11.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.