Five Oaks South median real estate price is $455,801, which is more expensive than 33.5% of the neighborhoods in Oregon and 60.5% of the neighborhoods in the U.S.
The average rental price in Five Oaks South is currently $2,652, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.5% of the neighborhoods in Oregon.
Five Oaks South is a suburban neighborhood (based on population density) located in Beaverton, Oregon.
Five Oaks South 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Five Oaks South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 5.9% in Five Oaks South. NeighborhoodScout analysis shows that this rate is lower than 58.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
More people in Five Oaks South choose to walk to work each day (14.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 9.9% of the Five Oaks South neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.7% of America's neighborhoods.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Five Oaks South neighborhood. A whopping 79.2% 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 96.9% of the neighborhoods in the U.S. Everything here just feels new.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Five Oaks South neighborhood could be your paradise. With 29.8% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 3.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
There is an especially high percentage of incarcerated people (1.3%) living in the Five Oaks South neighborhood.
Did you know that the Five Oaks South neighborhood has more Arab and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Arab ancestry and 1.2% have Armenian ancestry.
Five Oaks South is also pretty special linguistically. Significantly, 1.9% 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 98.9% of the neighborhoods in America.
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 Five Oaks South neighborhood in Beaverton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.3% of the neighborhoods in America. With 21.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.8% 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 Five Oaks South neighborhood, 54.4% 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 16.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 9.7% in manufacturing and laborer occupations.
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 Five Oaks South neighborhood is English, spoken by 60.6% of households. Other important languages spoken here include Spanish, Langs. of India and Arabic.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Five Oaks South neighborhood in Beaverton, OR, residents most commonly identify their ethnicity or ancestry as Asian (29.5%). There are also a number of people of Mexican ancestry (18.3%), and residents who report English roots (12.9%), and some of the residents are also of Irish ancestry (8.2%), along with some Arab ancestry residents (5.9%), among others. In addition, 32.0% of the residents of this neighborhood were born in another country.
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 Five Oaks South neighborhood spend under 15 minutes commuting one-way to work (44.9% of working residents), one of the shortest commutes across America.
Here most residents (48.8%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (14.6%) and 9.9% of residents also take the train 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.