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Real Estate Prices & Overview

Keaukaha / Makaoku median real estate price is $461,517, which is less expensive than 89.7% of Hawaii neighborhoods and 41.2% of all U.S. neighborhoods.

The average rental price in Keaukaha / Makaoku is currently $2,717, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.9% of Hawaii neighborhoods.

Keaukaha / Makaoku is a rural neighborhood (based on population density) located in Hilo, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Keaukaha / Makaoku real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Keaukaha / Makaoku neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 7.6% in Keaukaha / Makaoku. NeighborhoodScout analysis shows that this rate is lower than 47.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Keaukaha / Makaoku 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, Keaukaha / Makaoku 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.

Diversity

Did you know that the Keaukaha / Makaoku neighborhood has more Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have Portuguese ancestry.

Keaukaha / Makaoku is also pretty special linguistically. Significantly, 3.1% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.

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 Keaukaha / Makaoku neighborhood in Hilo are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.9% of the neighborhoods in America. With 18.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.7% 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 Keaukaha / Makaoku neighborhood, 30.8% 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 29.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.9%), and 16.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Keaukaha / Makaoku neighborhood is English, spoken by 73.5% of households. Some people also speak Japanese (3.1%).

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 Keaukaha / Makaoku neighborhood in Hilo, HI, residents most commonly identify their ethnicity or ancestry as Asian (15.7%). There are also a number of people of Portuguese ancestry (6.9%), and residents who report Puerto Rican roots (5.5%), and some of the residents are also of Norwegian ancestry (2.5%), along with some German ancestry residents (2.3%), 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 Keaukaha / Makaoku neighborhood spend under 15 minutes commuting one-way to work (44.8% of working residents), one of the shortest commutes across America.

Here most residents (64.4%) 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 (18.2%) . 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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