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Real Estate Prices & Overview

Aitken / Renown Medical Center median real estate price is $645,175, which is more expensive than 72.8% of the neighborhoods in Nevada and 74.4% of the neighborhoods in the U.S.

The average rental price in Aitken / Renown Medical Center is currently $1,408, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.7% of Nevada neighborhoods.

Aitken / Renown Medical Center is an urban neighborhood (based on population density) located in Reno, Nevada.

Aitken / Renown Medical Center 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 Aitken / Renown Medical Center 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 Aitken / Renown Medical Center are 4.5%, which is lower than one will find in 70.2% of American neighborhoods. Demand for real estate in Aitken / Renown Medical Center 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 Reno, the Aitken / Renown Medical Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Divorcees may find friendship and understanding in this neighborhood, as 26.1% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.4% of the neighborhoods in America.

Modes of Transportation

Our research shows that more people carpool to work here in the Aitken / Renown Medical Center (32.0%) than in 99.2% of the neighborhoods in America.

Real Estate

Renter-occupied real estate is dominant in the Aitken / Renown Medical Center neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.5%, which is higher than 97.2% 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 Aitken / Renown Medical Center neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Diversity

Did you know that the Aitken / Renown Medical Center neighborhood has more Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Yugoslav ancestry.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Aitken / Renown Medical Center neighborhood. In the Aitken / Renown Medical Center neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.0% 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 Aitken / Renown Medical Center neighborhood in Reno are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.2% of U.S. neighborhoods. With 17.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.1% of U.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 Aitken / Renown Medical Center neighborhood, 33.7% of the working population is employed in manufacturing and laborer 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 28.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.6%), and 17.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the Aitken / Renown Medical Center neighborhood is English, spoken by 80.9% of households. Some people also speak Spanish (17.9%).

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 Aitken / Renown Medical Center neighborhood in Reno, NV, residents most commonly identify their ethnicity or ancestry as Mexican (20.0%). There are also a number of people of German ancestry (11.5%), and residents who report English roots (7.0%), and some of the residents are also of Irish ancestry (6.9%), along with some Italian ancestry residents (5.5%), among others. In addition, 11.5% of the residents of this neighborhood were born in another country.

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 Aitken / Renown Medical Center neighborhood spend between 15 and 30 minutes commuting one-way to work (38.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (58.8%) 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 (32.0%) . 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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