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Real Estate Prices & Overview

Silver Beach median real estate price is $966,065, which is more expensive than 77.2% of the neighborhoods in Washington and 87.8% of the neighborhoods in the U.S.

The average rental price in Silver Beach is currently $3,165, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.9% of the neighborhoods in Washington.

Silver Beach is a suburban neighborhood (based on population density) located in Bellingham, Washington.

Silver Beach real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Silver Beach neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Silver Beach are 3.1%, which is lower than one will find in 79.6% of American neighborhoods. Demand for real estate in Silver Beach is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

In a nation where 1 out of every 4 children lives in poverty, the Silver Beach neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Diversity

Did you know that the Silver Beach neighborhood has more Swedish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.6% of this neighborhood's residents have Swedish ancestry and 7.2% have Norwegian ancestry.

Silver Beach is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 95.3% 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 Silver Beach neighborhood in Bellingham are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.6% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Silver Beach neighborhood, 47.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.6%), and 12.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Silver Beach neighborhood is English, spoken by 96.2% of households.

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 Silver Beach neighborhood in Bellingham, WA, residents most commonly identify their ethnicity or ancestry as German (18.8%). There are also a number of people of Irish ancestry (13.7%), and residents who report English roots (13.6%), and some of the residents are also of Norwegian ancestry (7.2%), along with some Swedish ancestry residents (6.6%), 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 Silver Beach neighborhood spend between 15 and 30 minutes commuting one-way to work (51.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.5%) 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 (12.7%) . 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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