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Real Estate Prices & Overview

Buckman Northeast median real estate price is $829,314, which is more expensive than 88.7% of the neighborhoods in Oregon and 85.9% of the neighborhoods in the U.S.

The average rental price in Buckman Northeast is currently $2,175, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.9% of Oregon neighborhoods.

Buckman Northeast is an urban neighborhood (based on population density) located in Portland, Oregon.

Buckman Northeast 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 renter occupied. Many of the residences in the Buckman Northeast 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 6.7% in Buckman Northeast. NeighborhoodScout analysis shows that this rate is lower than 52.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

One of the most interesting things about the Buckman Northeast neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 70.0% 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 99.7% of the neighborhoods in America.

In addition, of note, 56.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Real Estate

The Buckman Northeast neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 93.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, renter-occupied real estate is dominant in the Buckman Northeast neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.0%, which is higher than 98.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, the real estate in the Buckman Northeast neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 78.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.4% of American neighborhoods.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Buckman Northeast neighborhood is a fantastic option for bicycle commuters, as 4.3% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.6% of the neighborhoods in America.

Also, a unique way of commuting is simply not to. And in the Buckman Northeast neighborhood, analysis shows that 37.1% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.1% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Finally, more people in Buckman Northeast choose to walk to work each day (10.8%) 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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Buckman Northeast neighborhood have a highly unusual car ownership. 20.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.3% of U.S. neighborhoods.

Diversity

Did you know that the Buckman Northeast neighborhood has more Swiss and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Swiss ancestry and 1.2% have Lithuanian ancestry.

Buckman Northeast is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.

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 Buckman Northeast neighborhood in Portland are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.1% of U.S. neighborhoods. With 56.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.2% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Buckman Northeast neighborhood, 60.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.6%), and 8.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Buckman Northeast neighborhood is English, spoken by 79.8% of households. Other important languages spoken here include Spanish, Vietnamese and Portuguese.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Buckman Northeast neighborhood in Portland, OR, residents most commonly identify their ethnicity or ancestry as German (24.5%). There are also a number of people of Irish ancestry (21.0%), and residents who report English roots (19.3%), and some of the residents are also of Asian ancestry (8.6%), along with some Italian ancestry residents (4.6%), among others. In addition, 11.0% 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 Buckman Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (56.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (40.0%) 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 (10.8%) and 5.7% of residents also ride the bus 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.

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