Monroe North / Chain Lake median real estate price is $877,100, which is more expensive than 74.1% of the neighborhoods in Washington and 86.5% of the neighborhoods in the U.S.
The average rental price in Monroe North / Chain Lake is currently $3,538, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.9% of the neighborhoods in Washington.
Monroe North / Chain Lake is a suburban neighborhood (based on population density) located in Monroe, Washington.
Monroe North / Chain Lake real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Monroe North / Chain Lake neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Monroe North / Chain Lake, the current vacancy rate is 1.1%, which is a lower rate of vacancies than 91.1% of all neighborhoods in the U.S. This means that the housing supply in Monroe North / Chain Lake 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.
The Monroe North / Chain Lake neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 8.0% of family-friendly neighborhoods in the state of Washington. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Did you know that the Monroe North / Chain Lake neighborhood has more Brazilian and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Brazilian ancestry and 5.7% have Norwegian ancestry.
Monroe North / Chain Lake is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 98.7% 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 Monroe North / Chain Lake neighborhood in Monroe 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 90.7% of the neighborhoods in America. In addition, 2.1% 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 74.8% 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 Monroe North / Chain Lake neighborhood, 51.0% 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 23.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.7%), and 12.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Monroe North / Chain Lake neighborhood is English, spoken by 76.3% of households. Some people also speak Spanish (8.1%).
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 Monroe North / Chain Lake neighborhood in Monroe, WA, residents most commonly identify their ethnicity or ancestry as German (14.6%). There are also a number of people of English ancestry (12.6%), and residents who report Asian roots (11.5%), and some of the residents are also of Irish ancestry (8.7%), along with some Mexican ancestry residents (6.1%), among others. In addition, 20.1% of the residents of this neighborhood were born in another country.
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 Monroe North / Chain Lake neighborhood spend between 45 minutes and one hour commuting one-way to work (32.7% of working residents), longer and tougher than most commutes in America.
Here most residents (66.6%) 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 (10.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.