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Real Estate Prices & Overview

Mound View median real estate price is $186,600, which is more expensive than 34.6% of the neighborhoods in Iowa and 16.8% of the neighborhoods in the U.S.

The average rental price in Mound View is currently $983, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.1% of Iowa neighborhoods.

Mound View is an urban neighborhood (based on population density) located in Cedar Rapids, Iowa.

Mound View real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Mound View neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Mound View are 3.6%, which is lower than one will find in 74.9% of American neighborhoods. Demand for real estate in Mound View 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 Cedar Rapids, the Mound View 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 21.7% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.4% of the neighborhoods in America.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Mound View neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.9% of the neighborhoods in IA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Mound View neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Scots-Irish ancestry.

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 Mound View neighborhood in Cedar Rapids are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.4% of U.S. neighborhoods. With 12.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.2% 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 Mound View neighborhood, 38.8% 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 26.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.0%), and 17.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Mound View neighborhood is English, spoken by 90.5% of households. Some people also speak Spanish (7.9%).

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 Mound View neighborhood in Cedar Rapids, IA, residents most commonly identify their ethnicity or ancestry as German (19.8%). There are also a number of people of Irish ancestry (13.4%), and residents who report English roots (9.8%), and some of the residents are also of Mexican ancestry (9.4%), along with some Scots-Irish ancestry residents (4.6%), among others.

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 Mound View neighborhood spend under 15 minutes commuting one-way to work (52.9% of working residents), one of the shortest commutes across America.

Here most residents (77.8%) drive alone in a private automobile to get to work. 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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