Royal Summit / Unspecified No Name median real estate price is $1,363,354, which is more expensive than 75.8% of the neighborhoods in Hawaii and 94.7% of the neighborhoods in the U.S.
The average rental price in Royal Summit / Unspecified No Name is currently $3,400, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.2% of Hawaii neighborhoods.
Royal Summit / Unspecified No Name is a suburban neighborhood (based on population density) located in Pearl City, Hawaii.
Royal Summit / Unspecified No Name real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Royal Summit / Unspecified No Name neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Royal Summit / Unspecified No Name are 5.0%, which is lower than one will find in 64.3% of American neighborhoods. Demand for real estate in Royal Summit / Unspecified No Name 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.
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.
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 4.9% of America's neighborhoods are wealthier than the Royal Summit / Unspecified No Name neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Royal Summit / Unspecified No Name also has one of the lowest ratings of child poverty in the nation.
In addition, if you are planning to retire in Hawaii, this neighborhood should be on your must-see list. For many reasons, Royal Summit / Unspecified No Name may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Hawaii, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.0% of neighborhoods in HI. If a Hawaii retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Most neighborhoods are composed of a mixture of ages of homes, but the Royal Summit / Unspecified No Name stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 95.8% of the residential real estate here was built in this one time period.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Royal Summit / Unspecified No Name neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 15.9% of its workforce, this neighborhood has a greater concentration of government workers than 97.7% of U.S. neighborhoods.
Furthermore, with 1.7% of employed workers living in the Royal Summit / Unspecified No Name neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.5% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Royal Summit / Unspecified No Name neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 64.7% of this neighborhood's residents have Asian ancestry.
Royal Summit / Unspecified No Name is also pretty special linguistically. Significantly, 5.3% 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 99.7% of the neighborhoods in America.
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 Royal Summit / Unspecified No Name neighborhood in Pearl City are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.1% of the neighborhoods in America. 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 Royal Summit / Unspecified No Name neighborhood, 53.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 18.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.3%), and 15.9% in government jobs, whether they are in local, state, or federal positions.
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 Royal Summit / Unspecified No Name neighborhood is English, spoken by 87.5% of households. Other important languages spoken here include Japanese and Tagalog (the first language of the Philippine region).
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 Royal Summit / Unspecified No Name neighborhood in Pearl City, HI, residents most commonly identify their ethnicity or ancestry as Asian (64.7%). There are also a number of people of English ancestry (4.3%), and residents who report Norwegian roots (2.7%), and some of the residents are also of German ancestry (2.5%), along with some Irish ancestry residents (1.2%), among others. In addition, 12.9% of the residents of this neighborhood were born in another country.
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 Royal Summit / Unspecified No Name neighborhood spend between 30 and 45 minutes commuting one-way to work (43.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (70.7%) 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 (18.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.