Why Live in Neighbors for Life
Neighbors for Life in Waterloo is a centrally located neighborhood with accessibly priced homes, making it an attractive option for many homebuyers. The area is close to downtown Waterloo, offering a variety of shopping, dining, and services along East 4th Street. Notable dining options include Morg's, Hungry Charlie’s Lunchbox Deli, and Anton’s Garden, a unique German outdoor bar. Essential services such as the Black Hawk County Courthouse and Waterloo Housing Authority are also nearby. The neighborhood recently saw the opening of All in Grocers, a Black-owned establishment that serves as a grocery store, restaurant, community center, and laundromat. For big-box shopping needs, residents can travel about 3 miles to East San Marnan Drive, home to Walmart, Menards, and Target. Housing styles in Neighbors for Life range from minimal traditional to Dutch Colonial, with most homes built in the 1950s. The area is known for its low crime risk compared to the national average. Lafayette Park, located centrally, features a playscape, shaded picnic area, basketball court, and open green space. While the neighborhood is mostly car-dependent, it is fairly bikeable and has limited public transit options, with bus route 4 running through. Some residents experience noise pollution from nearby train tracks, particularly along Dubuque and the south side near the Cedar River.
Frequently Asked Questions
Is Neighbors for Life a good place to live?
Neighbors for Life is a good place to live. Neighbors for Life is considered car-dependent and somewhat bikeable with minimal transit options. Neighbors for Life has 4 parks for recreational activities. It is fairly sparse in population with 4.3 people per acre and a median age of 35. The average household income is $49,076 which is below the national average. College graduates make up 5.3% of residents. A majority of residents in Neighbors for Life are home owners, with 42.9% of residents renting and 57.1% of residents owning their home. A
local real estate agent serving Neighbors for Life can help you decide if this neighborhood is the right one for you. Learn more on our
Neighbors for Life neighborhood guide.
Is Neighbors for Life, IA a safe neighborhood?
Neighbors for Life, IA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Neighbors for Life?
The median home price in Neighbors for Life is $384,000. If you put a 20% down payment of $76,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,990 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $85K a year to afford the median home price in Neighbors for Life. The average household income in Neighbors for Life is $49K.
What are the best public schools in Neighbors for Life?
The best public schools that serve Neighbors for Life are:
- West High School has a B- Niche grade, a student teacher ratio of 17:1 and an average review score of 3.5.
- East High School has a C+ Niche grade, a student teacher ratio of 17:1 and an average review score of 3.5.
- Bunger Middle School has a C Niche grade, a student teacher ratio of 12:1 and an average review score of 5.0.
What are the best private schools in Neighbors for Life?
The best private schools that serve Neighbors for Life are:
What are the most popular zip codes in Neighbors for Life, Waterloo, IA?
What are the most popular neighborhoods near Neighbors for Life, Waterloo, IA?
Are home prices dropping in Neighbors for Life?
Yes, home prices in Neighbors for Life are down 32% in the last 12 months.
Home Trends in Neighbors for Life, IA
On average, homes in Neighbors for Life, Waterloo sell after 14 days on the market compared to the national average of 70 days. The median sale price for homes in Neighbors for Life, Waterloo over the last 12 months is $200,000, down 38% from the median home sale price over the previous 12 months.
Median Sale Price
$200,000
Median Single Family Sale Price
$141,600
Median Townhouse Sale Price
$310,000
Median 1 Bedroom Sale Price
$135,900
Average Price Per Sq Ft
$244
Number of Homes for Sale
3
Last 12 months Home Sales
7
Median List Price
$384,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-38%