Ballard South median real estate price is $746,290, which is more expensive than 62.1% of the neighborhoods in Washington and 80.8% of the neighborhoods in the U.S.
The average rental price in Ballard South is currently $4,290, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.9% of the neighborhoods in Washington.
Ballard South is a densely urban neighborhood (based on population density) located in Seattle, Washington.
Ballard South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Ballard South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Ballard South has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.4% 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.
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.
People
In a nation where 1 out of every 4 children lives in poverty, the Ballard South neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 86.9% of the adults living in the Ballard South neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.3% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, one of the most interesting things about the Ballard South neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 60.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.9% of the neighborhoods in America.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (27.8% ride the bus) than 99.5% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Also, a unique way of commuting is simply not to. And in the Ballard South neighborhood, analysis shows that 38.9% 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 99.4% 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.
Occupations
Executives, managers and professionals make up 78.9% of the workforce in the Ballard South neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Real Estate
The Ballard South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 38,080 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation's neighborhoods.
In addition, the real estate in the Ballard South neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 84.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.4% of American neighborhoods.
Furthermore, the Ballard South neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Ballard South neighborhood. A whopping 67.1% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.3% of the neighborhoods in the U.S. Everything here just feels new.
Diversity
Did you know that the Ballard South neighborhood has more Brazilian and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Brazilian ancestry and 0.9% have Belgian ancestry.
Ballard South is also pretty special linguistically. Significantly, 3.2% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.9% of the neighborhoods in America.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Ballard South neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Ballard South neighborhood in Seattle 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 89.6% 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.
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 Ballard South neighborhood, 78.9% 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 10.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.9%), and 4.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Ballard South neighborhood is English, spoken by 83.7% of households. Other important languages spoken here include Chinese and Arabic.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Ballard South neighborhood in Seattle, WA, residents most commonly identify their ethnicity or ancestry as Asian (24.3%). There are also a number of people of German ancestry (16.4%), and residents who report Norwegian roots (7.7%), and some of the residents are also of Italian ancestry (7.6%), along with some English ancestry residents (7.1%), among others. In addition, 23.2% 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 Ballard South neighborhood spend between 30 and 45 minutes commuting one-way to work (33.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (27.8%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.9%) . The bus provides a valuable service in the Ballard South neighborhood of Seattle by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.
