Alderwood Manor South median real estate price is $966,125, which is more expensive than 80.5% of the neighborhoods in Washington and 89.6% of the neighborhoods in the U.S.
The average rental price in Alderwood Manor South is currently $2,950, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.3% of the neighborhoods in Washington.
Alderwood Manor South is an urban neighborhood (based on population density) located in Lynnwood, Washington.
Alderwood Manor South 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 Alderwood Manor South 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.
In Alderwood Manor South, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 89.0% of all neighborhoods in the U.S. This means that the housing supply in Alderwood Manor South is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
A unique way of commuting is simply not to. And in the Alderwood Manor South neighborhood, analysis shows that 28.4% 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 95.9% 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.
With a nice mix of college students, safety from crime, and decent walkability, the Alderwood Manor South neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.9% of the neighborhoods in WA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the Alderwood Manor South neighborhood has more Greek and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Greek ancestry and 11.1% have Norwegian ancestry.
Alderwood Manor South is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.8% 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 Alderwood Manor South neighborhood in Lynnwood 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 86.1% of the neighborhoods in America. In addition, 2.0% 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 75.1% of America'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 Alderwood Manor South neighborhood, 53.6% 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 18.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.8%), and 10.3% 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 Alderwood Manor South neighborhood is English, spoken by 70.4% of households. Other important languages spoken here include African languages, Spanish and Langs. of India.
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 Alderwood Manor South neighborhood in Lynnwood, WA, residents most commonly identify their ethnicity or ancestry as English (17.0%). There are also a number of people of Asian ancestry (15.1%), and residents who report German roots (13.6%), and some of the residents are also of Norwegian ancestry (11.1%), along with some Sub-Saharan African ancestry residents (8.6%), among others. In addition, 23.2% 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 Alderwood Manor South neighborhood spend between 15 and 30 minutes commuting one-way to work (35.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (60.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.