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Real Estate Prices & Overview

South Dakota School of Mines and Technology median real estate price is $123,948, which is less expensive than 87.1% of South Dakota neighborhoods and 89.9% of all U.S. neighborhoods.

The average rental price in South Dakota School of Mines and Technology is currently $1,224, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.1% of South Dakota neighborhoods.

South Dakota School of Mines and Technology is a suburban neighborhood (based on population density) located in Rapid City, South Dakota.

South Dakota School of Mines and Technology 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 South Dakota School of Mines and Technology neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in South Dakota School of Mines and Technology. The current real estate vacancy rate here is 19.1%. This is higher than the rate of vacancies in 85.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Rapid City, the South Dakota School of Mines and Technology neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

There are more people living in the South Dakota School of Mines and Technology neighborhood employed as sales and service workers (55.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

An extraordinary 24.9% of the residents of the South Dakota School of Mines and Technology 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 South Dakota School of Mines and Technology neighborhood stands out for having an average per capita income lower than 95.6% of the neighborhoods in the United States.

Also, there is an especially high percentage of incarcerated people (0.7%) living in the South Dakota School of Mines and Technology neighborhood.

Modes of Transportation

More people in South Dakota School of Mines and Technology choose to walk to work each day (14.0%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Diversity

Did you know that the South Dakota School of Mines and Technology neighborhood has more Native American and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.6% of this neighborhood's residents have Native American ancestry and 1.4% have Iranian ancestry.

South Dakota School of Mines and Technology is also pretty special linguistically. Significantly, 3.1% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

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 South Dakota School of Mines and Technology neighborhood in Rapid City are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.6% of U.S. neighborhoods. With 45.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.0% 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 South Dakota School of Mines and Technology neighborhood, 44.1% 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 23.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.3%), and 11.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the South Dakota School of Mines and Technology neighborhood is English, spoken by 94.5% of households. Some people also speak Native American languages (3.1%).

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 South Dakota School of Mines and Technology neighborhood in Rapid City, SD, residents most commonly identify their ethnicity or ancestry as German (21.6%). There are also a number of people of Native American ancestry (18.6%), and residents who report Irish roots (6.4%), and some of the residents are also of English ancestry (6.0%), along with some Norwegian ancestry residents (2.9%), 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 South Dakota School of Mines and Technology neighborhood spend under 15 minutes commuting one-way to work (52.0% of working residents), one of the shortest commutes across America.

Here most residents (61.8%) 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 (16.5%) and 14.0% 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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