This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
Ä¢¹½ÊÓƵ® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. Ä¢¹½ÊÓƵ contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Elma is a tiny city located in the state of Iowa. With a population of 490 people and just one neighborhood, Elma is the 395th largest community in Iowa. Elma has a large stock of pre-World War II architecture, making it one of the older and more historic cities in the country.
Occupations and Workforce
Because occupations involving physical labor dominate the local economy, Elma is generally considered to be a blue-collar town. 53.28% of the Elma workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Elma is a city of construction workers and builders, service providers, and transportation and shipping workers. There are especially a lot of people living in Elma who work in food service (9.43%), management occupations (6.97%), and office and administrative support (6.56%).
Setting & Lifestyle
Overall, Elma’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
Residents will find that the city is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Elma is worth considering.
Elma is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Demographics
The rate of college-level education in Elma is quite a bit lower than the national average among all cities of 21.84%: just 11.65% of people here over 25 have a bachelor's degree or an advanced degree.
The per capita income in Elma in 2022 was $22,565, which is low income relative to Iowa and the nation. This equates to an annual income of $90,260 for a family of four.
The people who call Elma home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elma residents report their race to be White. Important ancestries of people in Elma include German, Norwegian, Irish, Czech, and English.
The most common language spoken in Elma is English. Other important languages spoken here include Spanish and Polish.
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 Elma, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the neighborhood buck this trend. Residents of this neighborhood must really love automobiles. Ä¢¹½ÊÓƵ's Analysis reveals that 41.0% of the households here have four, five, or more cars. That is more cars per household than in 98.4% of the neighborhoods in the nation.
Real Estate
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 11 residents per square mile, is less crowded than 96.9% of all U.S. neighborhoods.
Occupations
Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the neighborhood truly stands out among U.S. neighborhoods. According to exclusive Ä¢¹½ÊÓƵ analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 96.5% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.
Diversity
Did you know that the neighborhood has more Swiss and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.7% of this neighborhood's residents have Swiss ancestry and 9.7% have Norwegian ancestry.
is also pretty special linguistically. Significantly, 12.1% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.6% 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. Ä¢¹½ÊÓƵ's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Elma are middle-income, making it a moderate income neighborhood. Ä¢¹½ÊÓƵ's exclusive analysis reveals that this neighborhood has a higher income than 45.5% of the neighborhoods in America. With 10.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.4% 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 neighborhood, 38.1% 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 27.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.1%), and 12.7% 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 neighborhood is English, spoken by 84.4% of households. Other important languages spoken here include German/Yiddish and Spanish.
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 neighborhood in Elma, IA, residents most commonly identify their ethnicity or ancestry as German (38.8%). There are also a number of people of Norwegian ancestry (9.7%), and residents who report Irish roots (9.1%), and some of the residents are also of Swiss ancestry (7.7%), along with some English ancestry residents (3.8%), 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 neighborhood spend under 15 minutes commuting one-way to work (32.8% of working residents), one of the shortest commutes across America.
Here most residents (67.6%) 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 (17.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
