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Real Estate Prices & Overview

Forest View North median real estate price is $168,111, which is less expensive than 79.0% of Michigan neighborhoods and 86.7% of all U.S. neighborhoods.

The average rental price in Forest View North is currently $2,827, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.3% of the neighborhoods in Michigan.

Forest View North is a remote neighborhood (based on population density) located in Lansing, Michigan.

Forest View North 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 owner occupied. Many of the residences in the Forest View North neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

In Forest View North, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Forest View North is very tight compared to the demand for property here.

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

87.0% of the real estate in the Forest View North neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the Forest View North neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 11 people per square mile living here, this neighborhood is less crowded than 96.9% of America.

People

Of note is NeighborhoodScout's research finding that the Forest View North 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 Forest View North community truly stands out from the rest in this regard.

In addition, one of the most interesting things about the Forest View North neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 74.1% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.8% of the neighborhoods in America.

Also, an extraordinary 23.4% of the residents of the Forest View North neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Forest View North neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 70.4% 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 98.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (22.2% ride the bus) than 99.2% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Diversity

Did you know that the Forest View North neighborhood has more Arab and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.4% of this neighborhood's residents have Arab ancestry and 42.6% have Asian ancestry.

Forest View North is also pretty special linguistically. Significantly, 7.4% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.2% 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 Forest View North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.0% 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 Forest View North neighborhood in Lansing are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.3% 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.

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 Forest View North neighborhood, 44.4% 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 22.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.2%), and 11.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Forest View North neighborhood is English, spoken by 50.0% of households. Some people also speak Arabic (7.4%).

Ethnicity / Ancestry

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 Forest View North neighborhood in Lansing, MI, residents most commonly identify their ethnicity or ancestry as Asian (42.6%). There are also a number of people of German ancestry (18.1%), and residents who report Arab roots (7.4%), and some of the residents are also of Irish ancestry (7.4%), along with some English ancestry residents (4.3%), among others. In addition, 17.0% of the residents of this neighborhood were born in another country.

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 Forest View North neighborhood spend under 15 minutes commuting one-way to work (70.4% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (29.6%) who commute over an hour in each direction.

Here most residents (77.8%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (22.2%) . 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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Race & Ethnic Diversity
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Schools include:
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