Fassnight median real estate price is $178,021, which is less expensive than 73.2% of Missouri neighborhoods and 84.5% of all U.S. neighborhoods.
The average rental price in Fassnight is currently $1,445, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.9% of Missouri neighborhoods.
Fassnight is a suburban neighborhood (based on population density) located in Springfield, Missouri.
Fassnight 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 Fassnight neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Fassnight are 5.4%, which is lower than one will find in 61.3% of American neighborhoods. Demand for real estate in Fassnight 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.
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 Springfield, the Fassnight neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's analysis shows that the Fassnight neighborhood has a greater concentration of residents currently enrolled in college than 95.7% of the neighborhoods in the U.S. With 11.2% of the population here attending college, this is very much a college-focused neighborhood.
In addition, fassnight is ranked among the top 8.6% of neighborhoods for first-time home buyers to consider in the state of Missouri according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Fassnight neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.
Did you know that the Fassnight neighborhood has more Swedish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.0% of this neighborhood's residents have Swedish ancestry and 2.8% have Welsh ancestry.
Fassnight is also pretty special linguistically. Significantly, 3.0% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.4% of the neighborhoods in America.
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 Fassnight neighborhood in Springfield are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.6% of U.S. neighborhoods. In addition, 7.6% 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 55.8% 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 Fassnight neighborhood, 44.9% 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 24.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.1%), and 14.5% in clerical, assistant, and tech support occupations.
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 Fassnight neighborhood is English, spoken by 89.3% of households. Other important languages spoken here include Polish, Italian, Spanish and Arabic.
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 Fassnight neighborhood in Springfield, MO, residents most commonly identify their ethnicity or ancestry as German (22.0%). There are also a number of people of English ancestry (21.0%), and residents who report Swedish roots (9.0%), and some of the residents are also of Irish ancestry (7.4%), along with some Italian ancestry residents (3.4%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Fassnight neighborhood spend under 15 minutes commuting one-way to work (51.5% of working residents), one of the shortest commutes across America.
Here most residents (68.8%) 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 (9.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.