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Real Estate Prices & Overview

University District South median real estate price is $1,132,552, which is more expensive than 96.9% of the neighborhoods in Montana and 93.1% of the neighborhoods in the U.S.

The average rental price in University District South is currently $1,405, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.6% of Montana neighborhoods.

University District South is a suburban neighborhood (based on population density) located in Missoula, Montana.

University District South 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 renter occupied. Many of the residences in the University District South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.2% in University District South. NeighborhoodScout analysis shows that this rate is lower than 56.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

Of note is NeighborhoodScout's research finding that the University District South 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 University District South community truly stands out from the rest in this regard.

In addition, one of the really interesting characteristics about the University District South 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 1.3% of college-friendly places to live in the state of Montana. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives and young, single professionals.

Also, an extraordinary 23.2% of the residents of the University District South neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the University District South neighborhood is a fantastic option for bicycle commuters, as 3.3% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.4% of the neighborhoods in America.

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 University District South neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the University District South neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 60.7% 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 96.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the University District South neighborhood has more Welsh and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Welsh ancestry and 1.7% have British ancestry.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the University District South neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 University District South neighborhood in Missoula are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.3% 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 University District South neighborhood, 60.4% 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 28.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (5.1%), and 4.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the University District South neighborhood is English, spoken by 92.2% of households. Some people also speak Spanish (3.5%).

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 University District South neighborhood in Missoula, MT, residents most commonly identify their ethnicity or ancestry as German (24.0%). There are also a number of people of Irish ancestry (14.9%), and residents who report English roots (10.6%), and some of the residents are also of Italian ancestry (5.3%), along with some Scottish ancestry residents (4.4%), among others.

Getting to Work

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 University District South neighborhood spend under 15 minutes commuting one-way to work (60.7% of working residents), one of the shortest commutes across America.

Here most residents (56.4%) 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 (8.4%) and 7.3% of residents also ride the bus 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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