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Real Estate Prices & Overview

Elmendorf Richardson / Fort Richardson median real estate price is $216,227, which is less expensive than 88.1% of Alaska neighborhoods and 77.8% of all U.S. neighborhoods.

The average rental price in Elmendorf Richardson / Fort Richardson is currently $2,973, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.8% of the neighborhoods in Alaska.

Elmendorf Richardson / Fort Richardson is a remote neighborhood (based on population density) located in Anchorage, Alaska. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Elmendorf Richardson / Fort Richardson real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Elmendorf Richardson / Fort Richardson neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Elmendorf Richardson / Fort Richardson are 3.1%, which is lower than one will find in 77.2% of American neighborhoods. Demand for real estate in Elmendorf Richardson / Fort Richardson 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Elmendorf Richardson / Fort Richardson is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Elmendorf Richardson / Fort Richardson is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, renter-occupied real estate is dominant in the Elmendorf Richardson / Fort Richardson neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.8%, which is higher than 99.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, if you love row houses and attached homes, you will probably really like the Elmendorf Richardson / Fort Richardson neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 57.5% of the residential real estate here is classified as row houses and attached homes.

Occupations

The Elmendorf Richardson / Fort Richardson neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.9% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Furthermore, the Elmendorf Richardson / Fort Richardson neighborhood has a greater proportion of government workers living in it than 98.7% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Elmendorf Richardson / Fort Richardson neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 64.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

In the Elmendorf Richardson / Fort Richardson neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 12.1% of residents here. This is a higher proportion of walking commuters than we found in 96.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

People

The Elmendorf Richardson / Fort Richardson neighborhood stands out within Alaska for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.1% of college-friendly places to live in AK.

Diversity

Did you know that the Elmendorf Richardson / Fort Richardson neighborhood has more Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Croatian ancestry.

Elmendorf Richardson / Fort Richardson is also pretty special linguistically. Significantly, 2.7% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 95.0% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Elmendorf Richardson / Fort Richardson neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 Elmendorf Richardson / Fort Richardson neighborhood in Anchorage are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.6% of the neighborhoods in America. With 14.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.7% 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 Elmendorf Richardson / Fort Richardson neighborhood, 48.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is the military, with 37.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (28.6%), and 18.7% in government jobs, whether they are in local, state, or federal positions.

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 Elmendorf Richardson / Fort Richardson neighborhood is English, spoken by 87.7% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region) and Italian.

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 Elmendorf Richardson / Fort Richardson neighborhood in Anchorage, AK, residents most commonly identify their ethnicity or ancestry as Irish (14.9%). There are also a number of people of Mexican ancestry (14.0%), and residents who report German roots (12.5%), and some of the residents are also of English ancestry (8.7%), along with some Italian ancestry residents (4.2%), 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 Elmendorf Richardson / Fort Richardson neighborhood spend under 15 minutes commuting one-way to work (64.5% of working residents), one of the shortest commutes across America.

Here most residents (69.1%) 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%) and 12.1% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

Real Estate includes:
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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
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Educational Expenditures

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