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Real Estate Prices & Overview

Port Townsend South median real estate price is $688,630, which is more expensive than 52.4% of the neighborhoods in Washington and 73.3% of the neighborhoods in the U.S.

The average rental price in Port Townsend South is currently $1,609, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.8% of Washington neighborhoods.

Port Townsend South is a suburban neighborhood (based on population density) located in Port Townsend, Washington. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Port Townsend South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Port Townsend South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Port Townsend South has a 11.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Port Townsend South neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Port Townsend South 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.

People

Divorcees may find friendship and understanding in this neighborhood, as 30.1% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.8% of the neighborhoods in America.

In addition, if you are planning to retire in Washington, this neighborhood should be on your must-see list. For many reasons, Port Townsend South 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 95.5% 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

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 1.6% of the Port Townsend South neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.3% of America's neighborhoods.

Also, in the Port Townsend South neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 32.0% 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 96.1% 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

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Port Townsend South neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Port Townsend South neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Port Townsend South neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 12.7% of its workforce, this neighborhood has a greater concentration of government workers than 95.1% of U.S. neighborhoods.

Diversity

Did you know that the Port Townsend South neighborhood has more Scottish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.5% of this neighborhood's residents have Scottish ancestry and 2.3% have British ancestry.

Port Townsend South is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 95.9% 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 Port Townsend South neighborhood in Port Townsend are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.4% of U.S. neighborhoods. With 21.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.0% of U.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 Port Townsend South neighborhood, 45.9% 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 (18.1%), and 14.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Port Townsend South neighborhood is English, spoken by 91.9% of households. Some people also speak Spanish (6.7%).

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 Port Townsend South neighborhood in Port Townsend, WA, residents most commonly identify their ethnicity or ancestry as English (20.3%). There are also a number of people of German ancestry (18.1%), and residents who report Irish roots (13.1%), and some of the residents are also of Mexican ancestry (8.0%), along with some Scottish ancestry residents (6.5%), among others. In addition, 10.5% 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 Port Townsend South neighborhood spend under 15 minutes commuting one-way to work (65.3% of working residents), one of the shortest commutes across America.

Here most residents (48.4%) 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%) and 7.6% of residents also hop out the door and walk to work 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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