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Real Estate Prices & Overview

Greenbank East median real estate price is $684,681, which is more expensive than 59.4% of the neighborhoods in Washington and 79.3% of the neighborhoods in the U.S.

The average rental price in Greenbank East is currently $3,459, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.7% of the neighborhoods in Washington.

Greenbank East is a rural neighborhood (based on population density) located in Greenbank, Washington. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Greenbank East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Greenbank East 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.

Vacant apartments or homes are a major fact of life in Greenbank East. The current real estate vacancy rate here is 29.3%. This is higher than the rate of vacancies in 94.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (19.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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 Greenbank, the Greenbank East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Greenbank East is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Greenbank East is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of. One of the notable things about Greenbank East is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Greenbank East neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.4% of all American neighborhoods.

Furthermore, owner-occupied real estate dominates the Greenbank East neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.5% of neighborhoods in America.

People

Of note is NeighborhoodScout's research finding that the Greenbank East neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Greenbank East community truly stands out from the rest in this regard.

In addition, if you are planning to retire in Washington, this neighborhood should be on your must-see list. For many reasons, Greenbank East may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Washington, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.0% of neighborhoods in WA. If a Washington retirement is in your future, this neighborhood should be one of the places you visit.

Modes of Transportation

In the Greenbank East neighborhood, 3.3% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of ferry ridership than in 99.7% of the neighborhoods in America.

Also, in the Greenbank East neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 32.4% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 98.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Greenbank East neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 14.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.5% of all neighborhoods in America.

Occupations

With 1.9% of employed workers living in the Greenbank East neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.1% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Greenbank East neighborhood has more Swedish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.2% of this neighborhood's residents have Swedish ancestry and 2.9% have British ancestry.

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 Greenbank East neighborhood in Greenbank are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.6% 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 Greenbank East neighborhood, 59.3% 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 20.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.8%), and 8.3% in manufacturing and laborer occupations.

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 Greenbank East neighborhood is English, spoken by 97.8% of households. Other important languages spoken here include Polish and Italian.

Ethnicity / Ancestry

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 Greenbank East neighborhood in Greenbank, WA, residents most commonly identify their ethnicity or ancestry as German (27.8%). There are also a number of people of English ancestry (19.2%), and residents who report Irish roots (16.6%), and some of the residents are also of Swedish ancestry (7.2%), along with some Mexican ancestry residents (5.9%), 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 Greenbank East neighborhood spend between 15 and 30 minutes commuting one-way to work (30.3% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (14.8%) who commute over an hour in each direction.

Here most residents (55.8%) 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.


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