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Real Estate Prices & Overview

Mar Lee East median real estate price is $452,842, which is less expensive than 68.9% of Colorado neighborhoods and 35.7% of all U.S. neighborhoods.

The average rental price in Mar Lee East is currently $2,024, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.2% of Colorado neighborhoods.

Mar Lee East is an urban neighborhood (based on population density) located in Denver, Colorado.

Mar Lee East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mar Lee East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Mar Lee East, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.2% of all neighborhoods in the U.S. This means that the housing supply in Mar Lee East is very tight compared to the demand for property here.

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.

People

With more than 1.9% of residents living with a same sex partner, Mar Lee East is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.5% of U.S. neighborhoods.

Diversity

Did you know that the Mar Lee East neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 57.5% of this neighborhood's residents have Mexican ancestry.

Mar Lee East is also pretty special linguistically. Significantly, 5.5% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 98.5% of the neighborhoods in America.

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 Mar Lee East neighborhood in Denver are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.5% of U.S. neighborhoods. With 27.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.3% of U.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 Mar Lee East neighborhood, 34.7% 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 31.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.2%), and 12.9% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Mar Lee East neighborhood is English, spoken by 47.0% of households. Other important languages spoken here include Spanish and Vietnamese.

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 Mar Lee East neighborhood in Denver, CO, residents most commonly identify their ethnicity or ancestry as Mexican (57.5%). There are also a number of people of German ancestry (10.5%), and residents who report Irish roots (4.9%), and some of the residents are also of Asian ancestry (4.2%), along with some English ancestry residents (4.1%), among others. In addition, 25.0% 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 Mar Lee East neighborhood spend between 30 and 45 minutes commuting one-way to work (46.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.3%) 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 (10.1%) and 6.6% of residents also ride the bus 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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