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Real Estate Prices & Overview

Airport Industrial median real estate price is $1,097,079, which is more expensive than 62.5% of the neighborhoods in Hawaii and 92.7% of the neighborhoods in the U.S.

The average rental price in Airport Industrial is currently $2,963, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.7% of Hawaii neighborhoods.

Airport Industrial is a rural neighborhood (based on population density) located in Honolulu, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Airport Industrial real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Airport Industrial neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Airport Industrial. The current real estate vacancy rate here is 63.9%. This is higher than the rate of vacancies in 99.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Honolulu, the Airport Industrial neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Airport Industrial 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, Airport Industrial 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 Airport Industrial neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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. Despite all of the residential real estate here in the Airport Industrial neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 63.9%, which is higher than 99.6% of all U.S. neighborhoods.

Furthermore, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Airport Industrial neighborhood could be your paradise. With 66.7% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Also of note, homes built from 2000 through today make up a higher proportion of the Airport Industrial neighborhood's real estate landscape than 96.6% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 77.8% of the residential real estate here is classified as newer.

People

Of note is NeighborhoodScout's research finding that the Airport Industrial neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Airport Industrial community truly stands out from the rest in this regard.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.7% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Airport Industrial neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Occupations

The Airport Industrial neighborhood has a greater proportion of government workers living in it than 100.0% 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.

Diversity

Significantly, 23.1% 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 99.9% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Airport Industrial neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Airport Industrial neighborhood in Honolulu are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Airport Industrial neighborhood, 78.9% of the working population is employed in government jobs, whether they are in local, state, or federal positions. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 68.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (31.6%).

Languages

The most common language spoken in the Airport Industrial neighborhood is English, spoken by 76.9% of households. Some people also speak Tagalog (the first language of the Philippine region) (23.1%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Airport Industrial neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian (10.3%).

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 Airport Industrial neighborhood spend between 15 and 30 minutes commuting one-way to work (100.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.4%) drive alone in a private automobile to get to work. 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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