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Real Estate Prices & Overview

City Center / Gustavus Adolphus College median real estate price is $280,633, which is less expensive than 67.4% of Minnesota neighborhoods and 63.7% of all U.S. neighborhoods.

The average rental price in City Center / Gustavus Adolphus College is currently $1,490, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.6% of Minnesota neighborhoods.

City Center / Gustavus Adolphus College is a suburban neighborhood (based on population density) located in St. Peter, Minnesota.

City Center / Gustavus Adolphus College real estate 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 / Gustavus Adolphus College neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in City Center / Gustavus Adolphus College are 4.9%, which is lower than one will find in 67.0% of American neighborhoods. Demand for real estate in City Center / Gustavus Adolphus College 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

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 St. Peter, the City Center / Gustavus Adolphus College neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the City Center / Gustavus Adolphus College 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 City Center / Gustavus Adolphus College community truly stands out from the rest in this regard.

In addition, one of the really interesting characteristics about the City Center / Gustavus Adolphus College 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 0.5% of college-friendly places to live in the state of Minnesota.

Also, neighborhoodScout's analysis shows that the City Center / Gustavus Adolphus College neighborhood has a greater concentration of residents currently enrolled in college than 98.7% of the neighborhoods in the U.S. With 33.2% of the population here attending college, this is very much a college-focused neighborhood.

Finally, there is an especially high percentage of incarcerated people (0.9%) living in the City Center / Gustavus Adolphus College neighborhood.

Modes of Transportation

In the City Center / Gustavus Adolphus College neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 32.4% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.9% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Also, in the City Center / Gustavus Adolphus College 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 16.4% of residents here. This is a higher proportion of walking commuters than we found in 97.5% 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 City Center / Gustavus Adolphus College neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the City Center / Gustavus Adolphus College neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.9% 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 96.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the City Center / Gustavus Adolphus College neighborhood has more Belgian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Belgian ancestry and 7.5% have Swedish ancestry.

City Center / Gustavus Adolphus College is also pretty special linguistically. Significantly, 2.1% 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 96.6% 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 City Center / Gustavus Adolphus College neighborhood in St. Peter are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 44.0% 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 City Center / Gustavus Adolphus College neighborhood, 31.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.6%), and 15.5% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the City Center / Gustavus Adolphus College neighborhood is English, spoken by 87.1% of households. Other important languages spoken here include Spanish, Polish and German/Yiddish.

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 City Center / Gustavus Adolphus College neighborhood in St. Peter, MN, residents most commonly identify their ethnicity or ancestry as German (31.6%). There are also a number of people of Norwegian ancestry (10.2%), and residents who report Irish roots (9.5%), and some of the residents are also of Swedish ancestry (7.5%), along with some Polish ancestry residents (5.1%), 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 City Center / Gustavus Adolphus College neighborhood spend under 15 minutes commuting one-way to work (59.9% of working residents), one of the shortest commutes across America.

Here most residents (43.4%) 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 (16.4%) and 7.5% 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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