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Real Estate Prices & Overview

Grand Forks Southwest median real estate price is $303,837, which is more expensive than 51.6% of the neighborhoods in North Dakota and 36.9% of the neighborhoods in the U.S.

The average rental price in Grand Forks Southwest is currently $1,489, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.0% of the neighborhoods in North Dakota.

Grand Forks Southwest is a suburban neighborhood (based on population density) located in Grand Forks, North Dakota.

Grand Forks Southwest 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 Grand Forks Southwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Grand Forks Southwest are 3.6%, which is lower than one will find in 74.0% of American neighborhoods. Demand for real estate in Grand Forks Southwest 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

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 Grand Forks Southwest neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Grand Forks Southwest neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 68.3% 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 98.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

One of the really unique and interesting things about the look and setting of the Grand Forks Southwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 71.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.2% of all neighborhoods in America.

Diversity

Did you know that the Grand Forks Southwest neighborhood has more Norwegian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.8% of this neighborhood's residents have Norwegian ancestry and 2.6% have Iranian 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 Grand Forks Southwest neighborhood in Grand Forks are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.4% of U.S. neighborhoods. In addition, 4.4% 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 65.6% 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 Grand Forks Southwest neighborhood, 36.6% 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 24.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.3%), and 17.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Grand Forks Southwest neighborhood is English, spoken by 96.0% of households.

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 Grand Forks Southwest neighborhood in Grand Forks, ND, residents most commonly identify their ethnicity or ancestry as German (35.1%). There are also a number of people of Norwegian ancestry (27.8%), and residents who report Irish roots (9.9%), and some of the residents are also of English ancestry (6.8%), along with some Polish ancestry residents (6.7%), 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 Grand Forks Southwest neighborhood spend under 15 minutes commuting one-way to work (68.3% of working residents), one of the shortest commutes across America.

Here most residents (78.6%) 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 (12.7%) . 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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