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Real Estate Prices & Overview

North Washington / Welby median real estate price is $293,269, which is less expensive than 87.0% of Colorado neighborhoods and 61.5% of all U.S. neighborhoods.

The average rental price in North Washington / Welby is currently $1,917, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.2% of Colorado neighborhoods.

North Washington / Welby is a rural neighborhood (based on population density) located in Thornton, Colorado.

North Washington / Welby real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the North Washington / Welby 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 North Washington / Welby are 3.6%, which is lower than one will find in 76.0% of American neighborhoods. Demand for real estate in North Washington / Welby 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 Thornton, the North Washington / Welby neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The North Washington / Welby neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 67.4% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.8% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

People

Of particular note, 2.5% of the people in the North Washington / Welby neighborhood currently reside in a correction facility, held due to punishment for a crime.

Diversity

Significantly, 7.4% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.4% 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 North Washington / Welby neighborhood in Thornton are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.6% of U.S. neighborhoods. With 13.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.5% 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 North Washington / Welby neighborhood, 32.9% 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 27.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.7%), and 18.2% 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 North Washington / Welby neighborhood is English, spoken by 63.6% of households. Other important languages spoken here include Spanish, Italian and Polish.

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 North Washington / Welby neighborhood in Thornton, CO, residents most commonly identify their ethnicity or ancestry as Mexican (44.4%). There are also a number of people of German ancestry (11.8%), and residents who report Irish roots (11.7%), and some of the residents are also of English ancestry (8.6%), along with some French ancestry residents (5.1%), among others. In addition, 23.3% of the residents of this neighborhood were born in another country.

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 North Washington / Welby neighborhood spend between 15 and 30 minutes commuting one-way to work (49.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.6%) 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 (16.7%) . 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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