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Real Estate Prices & Overview

Roosevelt median real estate price is $204,404, which is less expensive than 70.8% of North Dakota neighborhoods and 79.7% of all U.S. neighborhoods.

The average rental price in Roosevelt is currently $1,070, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.8% of North Dakota neighborhoods.

Roosevelt is an urban neighborhood (based on population density) located in Fargo, North Dakota.

Roosevelt real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Roosevelt neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 5.9% in Roosevelt. NeighborhoodScout analysis shows that this rate is lower than 58.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Fargo, the Roosevelt neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An extraordinary 44.6% of the residents of the Roosevelt 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.

In addition, the Roosevelt neighborhood stands out for having an average per capita income lower than 97.6% of the neighborhoods in the United States. The Roosevelt neighborhood also has a greater percentage of children living in poverty (54.9%) than found in 95.7% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Roosevelt 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 89.9% of the neighborhoods in ND. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Roosevelt neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 63.9% 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 97.2% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

Renter-occupied real estate is dominant in the Roosevelt neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.2%, which is higher than 96.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, the real estate in the Roosevelt neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 69.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.0% of American neighborhoods.

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 Roosevelt neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Roosevelt neighborhood has more Norwegian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.3% of this neighborhood's residents have Norwegian ancestry and 6.6% have Swedish 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 Roosevelt neighborhood in Fargo are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.6% of U.S. neighborhoods. With 54.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.7% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Roosevelt neighborhood, 34.2% 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 30.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.6%), and 13.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Roosevelt neighborhood is English, spoken by 87.9% of households. Some people also speak Polish (3.1%).

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 Roosevelt neighborhood in Fargo, ND, residents most commonly identify their ethnicity or ancestry as German (30.9%). There are also a number of people of Norwegian ancestry (16.3%), and residents who report Irish roots (9.3%), and some of the residents are also of Asian ancestry (7.2%), along with some Swedish ancestry residents (6.6%), among others. In addition, 13.1% of the residents of this neighborhood were born in another country.

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 Roosevelt neighborhood spend under 15 minutes commuting one-way to work (63.9% of working residents), one of the shortest commutes across America.

Here most residents (74.7%) 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 (10.6%) and 8.2% of residents also hop out the door and walk to work 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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Crime includes:
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Schools include:
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