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Real Estate Prices & Overview

Middle Woodward median real estate price is $302,578, which is more expensive than 59.5% of the neighborhoods in Michigan and 38.6% of the neighborhoods in the U.S.

The average rental price in Middle Woodward is currently $1,324, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.5% of Michigan neighborhoods.

Middle Woodward is an urban neighborhood (based on population density) located in Detroit, Michigan.

Middle Woodward real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Middle Woodward neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Middle Woodward. The current real estate vacancy rate here is 39.4%. This is higher than the rate of vacancies in 97.6% 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

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.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 12.8% of residents in the Middle Woodward neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

People

The Middle Woodward neighborhood stands out for having an average per capita income lower than 97.8% of the neighborhoods in the United States.

Real Estate

Despite all of the residential real estate here in the Middle Woodward 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 39.4%, which is higher than 97.6% of all U.S. neighborhoods.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Middle Woodward neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 66.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.9% of the neighborhoods in the United States.

Diversity

Did you know that the Middle Woodward neighborhood has more Czechoslovakian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Czechoslovakian ancestry and 1.0% have Yugoslav ancestry.

Middle Woodward is also pretty special linguistically. Significantly, 7.5% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.4% 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 Middle Woodward neighborhood in Detroit are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.8% of U.S. neighborhoods. With 47.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.2% 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 Middle Woodward neighborhood, 59.5% 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 16.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.2%), and 8.7% in clerical, assistant, and tech support occupations.

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 Middle Woodward neighborhood is English, spoken by 95.3% of households. Other important languages spoken here include Italian and Spanish.

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 Middle Woodward neighborhood in Detroit, MI, residents most commonly identify their ethnicity or ancestry as German (9.2%). There are also a number of people of Irish ancestry (6.6%), and residents who report Asian roots (2.3%), and some of the residents are also of English ancestry (2.3%), along with some Italian ancestry residents (2.2%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Middle Woodward neighborhood spend between 30 and 45 minutes commuting one-way to work (39.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (70.8%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (12.8%) and 7.3% of residents also ride the bus 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.


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