Silver Bow Homes / Red Lights median real estate price is $353,729, which is more expensive than 35.9% of the neighborhoods in Montana and 45.4% of the neighborhoods in the U.S.
The average rental price in Silver Bow Homes / Red Lights is currently $1,468, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.4% of Montana neighborhoods.
Silver Bow Homes / Red Lights is a suburban neighborhood (based on population density) located in Butte, Montana.
Silver Bow Homes / Red Lights real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Silver Bow Homes / Red Lights 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 1970 and 1999.
Vacant apartments or homes are a major fact of life in Silver Bow Homes / Red Lights. The current real estate vacancy rate here is 22.3%. This is higher than the rate of vacancies in 90.9% 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
The Silver Bow Homes / Red Lights neighborhood stands out for having an average per capita income lower than 98.5% of the neighborhoods in the United States.
In addition, of particular note, 3.4% of the people in the Silver Bow Homes / Red Lights neighborhood currently reside in a correction facility, held due to punishment for a crime.
In the Silver Bow Homes / Red Lights neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 25.5% of commuters carpool here, which is more than in 97.1% of all U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Silver Bow Homes / Red Lights neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Silver Bow Homes / Red Lights neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.5% 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 96.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
86.4% of the real estate in the Silver Bow Homes / Red Lights neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
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 Silver Bow Homes / Red Lights neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 67.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.2% of the neighborhoods in the United States.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Silver Bow Homes / Red Lights neighborhood. In the Silver Bow Homes / Red Lights neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Silver Bow Homes / Red Lights neighborhood has more Native American and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Native American ancestry and 5.5% have Norwegian ancestry.
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 Silver Bow Homes / Red Lights neighborhood in Butte are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.5% of U.S. neighborhoods. With 44.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.1% 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 Silver Bow Homes / Red Lights neighborhood, 39.0% of the working population is employed in manufacturing and laborer 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 27.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.0%), and 15.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Silver Bow Homes / Red Lights neighborhood is English, spoken by 98.2% of households. Some people also speak Italian (3.6%).
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 Silver Bow Homes / Red Lights neighborhood in Butte, MT, residents most commonly identify their ethnicity or ancestry as German (15.6%). There are also a number of people of Irish ancestry (15.4%), and residents who report English roots (5.6%), and some of the residents are also of Norwegian ancestry (5.5%), along with some Mexican ancestry residents (5.4%), among others.
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 Silver Bow Homes / Red Lights neighborhood spend under 15 minutes commuting one-way to work (62.5% of working residents), one of the shortest commutes across America.
Here most residents (51.0%) 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 (25.5%) and 10.0% of residents also hop out the door and walk to work 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.