Central Community median real estate price is $403,673, which is less expensive than 77.7% of Utah neighborhoods and 48.7% of all U.S. neighborhoods.
The average rental price in Central Community is currently $1,416, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.2% of Utah neighborhoods.
Central Community is an urban neighborhood (based on population density) located in Salt Lake City, Utah.
Central Community 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 Central Community 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.
Central Community has a 10.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Salt Lake City, the Central Community neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Divorcees may find friendship and understanding in this neighborhood, as 23.3% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 98.5% of the neighborhoods in America.
In addition, one of the unique characteristics of the Central Community neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.2% of the neighborhoods in America.
The Central Community 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 92.4% 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.
In addition, one of the really unique and interesting things about the look and setting of the Central Community neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 78.3% 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 96.4% of all neighborhoods in America.
Furthermore, 84.4% of the real estate in the Central Community neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
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 Central Community neighborhood is a fantastic option for bicycle commuters, as 4.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.1% of the neighborhoods in America.
Did you know that the Central Community neighborhood has more Danish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Danish ancestry and 2.7% have Welsh ancestry.
Central Community is also pretty special linguistically. Significantly, 1.6% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America.
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 Central Community neighborhood in Salt Lake 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 98.2% of U.S. neighborhoods. In addition, 9.6% 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 50.3% of America'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 Central Community neighborhood, 44.1% 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 25.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.5%), and 13.7% in manufacturing and laborer occupations.
The most common language spoken in the Central Community neighborhood is English, spoken by 74.2% of households. Some people also speak Spanish (18.7%).
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 Central Community neighborhood in Salt Lake City, UT, residents most commonly identify their ethnicity or ancestry as Mexican (20.6%). There are also a number of people of English ancestry (20.0%), and residents who report Irish roots (11.7%), and some of the residents are also of German ancestry (11.2%), along with some Asian ancestry residents (4.7%), among others. In addition, 12.8% of the residents of this neighborhood were born in another country.
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 Central Community neighborhood spend under 15 minutes commuting one-way to work (39.1% of working residents), one of the shortest commutes across America.
Here most residents (56.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (8.5%) and 5.8% of residents also take the train 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.