Summit West / River West median real estate price is $1,363,079, which is more expensive than 98.4% of the neighborhoods in Oregon and 94.8% of the neighborhoods in the U.S.
The average rental price in Summit West / River West is currently $2,539, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.4% of the neighborhoods in Oregon.
Summit West / River West is a suburban neighborhood (based on population density) located in Bend, Oregon.
Summit West / River West real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Summit West / River West neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Summit West / River West has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.7% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.6%), 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.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Bend, the Summit West / River West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.1% of residents in the Summit West / River West neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
The Summit West / River West neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.9% of Oregon neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for college students, urban sophisticates and families with school-aged children.
Did you know that the Summit West / River West neighborhood has more Belgian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have Belgian ancestry and 5.3% have Scottish 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 Summit West / River West neighborhood in Bend are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 86.9% of the neighborhoods in America. In addition, 0.7% 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 79.2% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Summit West / River West neighborhood, 53.8% 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 25.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.9%), and 7.8% in manufacturing and laborer occupations.
The most common language spoken in the Summit West / River West neighborhood is English, spoken by 96.3% of households.
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 Summit West / River West neighborhood in Bend, OR, residents most commonly identify their ethnicity or ancestry as German (23.1%). There are also a number of people of English ancestry (19.3%), and residents who report Irish roots (12.6%), and some of the residents are also of Scottish ancestry (5.3%), along with some Italian ancestry residents (5.0%), 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 Summit West / River West neighborhood spend under 15 minutes commuting one-way to work (51.4% of working residents), one of the shortest commutes across America.
Here most residents (61.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.