Springwells East median real estate price is $117,503, which is less expensive than 85.8% of Michigan neighborhoods and 92.6% of all U.S. neighborhoods.
The average rental price in Springwells East is currently $1,205, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.7% of Michigan neighborhoods.
Springwells East is an urban neighborhood (based on population density) located in Detroit, Michigan.
Springwells East 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 Springwells East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Springwells East has a 11.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.8% 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 Detroit, the Springwells East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
More people work in manufacturing and as laborers here in the Springwells East neighborhood than in 99.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
In the Springwells East neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.1% of commuters carpool here, which is more than in 96.6% of all U.S. neighborhoods.
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Springwells East neighborhood is one of the most walkable neighborhoods in America.
In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 73.2% of the residential real estate in the Springwells East neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the Springwells East neighborhood has more Puerto Rican and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.2% of this neighborhood's residents have Puerto Rican ancestry and 61.9% have Mexican ancestry.
Springwells East is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.
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 Springwells East neighborhood in Detroit are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.7% of U.S. neighborhoods. With 20.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.9% 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 Springwells East neighborhood, 62.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 21.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.5%), and 2.7% in government jobs, whether they are in local, state, or federal positions.
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 Springwells East neighborhood is Spanish, spoken by 67.0% of households. Other important languages spoken here include English and Italian.
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 Springwells East neighborhood in Detroit, MI, residents most commonly identify their ethnicity or ancestry as Mexican (61.9%). There are also a number of people of Puerto Rican ancestry (10.2%), and residents who report Italian roots (4.2%), and some of the residents are also of Irish ancestry (3.6%), along with some Spanish ancestry residents (2.2%), among others. In addition, 25.2% 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 Springwells East neighborhood spend between 15 and 30 minutes commuting one-way to work (37.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (64.8%) 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 (24.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.