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Real Estate Prices & Overview

Valley West / King Arthur Park median real estate price is $762,860, which is more expensive than 83.8% of the neighborhoods in Montana and 81.9% of the neighborhoods in the U.S.

The average rental price in Valley West / King Arthur Park is currently $3,543, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.8% of the neighborhoods in Montana.

Valley West / King Arthur Park is a suburban neighborhood (based on population density) located in Bozeman, Montana.

Valley West / King Arthur Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Valley West / King Arthur Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Valley West / King Arthur Park has a 12.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.4% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.5%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Valley West / King Arthur Park neighborhood. A whopping 89.2% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 98.5% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, if you love row houses and attached homes, you will probably really like the Valley West / King Arthur Park neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 30.7% of the residential real estate here is classified as row houses and attached homes.

People

For many reasons, Valley West / King Arthur Park is rated by NeighborhoodScout as one of the top 3.4% of ideal neighborhoods for first-time home buyers in the state of Montana. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other MT neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for college students and highly educated executives.

Diversity

Did you know that the Valley West / King Arthur Park neighborhood has more Danish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Danish ancestry and 8.4% have Norwegian ancestry.

Valley West / King Arthur Park is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 95.4% of the neighborhoods in America.

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 Valley West / King Arthur Park neighborhood in Bozeman are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.9% of the neighborhoods in America. In addition, 4.6% 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 65.1% 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 Valley West / King Arthur Park neighborhood, 49.5% 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 22.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.7%), and 11.8% 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 Valley West / King Arthur Park neighborhood is English, spoken by 91.4% of households. Other important languages spoken here include Spanish and Italian.

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 Valley West / King Arthur Park neighborhood in Bozeman, MT, residents most commonly identify their ethnicity or ancestry as German (20.1%). There are also a number of people of Irish ancestry (14.8%), and residents who report English roots (13.8%), and some of the residents are also of Norwegian ancestry (8.4%), along with some Scottish ancestry residents (4.8%), 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 Valley West / King Arthur Park neighborhood spend between 15 and 30 minutes commuting one-way to work (59.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.1%) 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 (7.0%) . 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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