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Real Estate Prices & Overview

Downtown Tacoma South median real estate price is $428,982, which is less expensive than 81.0% of Washington neighborhoods and 42.8% of all U.S. neighborhoods.

The average rental price in Downtown Tacoma South is currently $1,982, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.8% of Washington neighborhoods.

Downtown Tacoma South is a suburban neighborhood (based on population density) located in Tacoma, Washington.

Downtown Tacoma South real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Tacoma South neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Home and apartment vacancy rates are 9.0% in Downtown Tacoma South. NeighborhoodScout analysis shows that this rate is lower than 40.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

Of note is NeighborhoodScout's research finding that the Downtown Tacoma South 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 Downtown Tacoma South community truly stands out from the rest in this regard.

In addition, neighborhoodScout's analysis shows that the Downtown Tacoma South neighborhood has a greater concentration of residents currently enrolled in college than 98.1% of the neighborhoods in the U.S. With 23.2% of the population here attending college, this is very much a college-focused neighborhood.

Also, one of the most interesting things about the Downtown Tacoma South neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 50.7% 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 95.6% of the neighborhoods in America.

Finally, with a nice mix of college students, safety from crime, and decent walkability, the Downtown Tacoma 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 87.4% 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.

Real Estate

The Downtown Tacoma 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 97.2% 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.

In addition, one of the really unique and interesting things about the look and setting of the Downtown Tacoma South neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 91.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.4% of all neighborhoods in America.

Furthermore, 87.8% of the real estate in the Downtown Tacoma South neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Downtown Tacoma South neighborhood. A whopping 73.2% 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 95.8% of the neighborhoods in the U.S. Everything here just feels new.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (14.9% ride the bus) than 97.6% 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.

Occupations

With 1.6% of employed workers living in the Downtown Tacoma South neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.2% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Downtown Tacoma South neighborhood. In the Downtown Tacoma South neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Downtown Tacoma South neighborhood has more Native American and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.5% of this neighborhood's residents have Native American ancestry and 1.3% have Slovak ancestry.

The Neighbors

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 Downtown Tacoma South neighborhood in Tacoma are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.0% of U.S. neighborhoods. 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 Downtown Tacoma South neighborhood, 46.3% 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 29.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.9%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Downtown Tacoma South neighborhood is English, spoken by 86.1% of households. Some people also speak Spanish (5.5%).

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 Downtown Tacoma South neighborhood in Tacoma, WA, residents most commonly identify their ethnicity or ancestry as German (15.2%). There are also a number of people of English ancestry (10.3%), and residents who report Mexican roots (8.6%), and some of the residents are also of Irish ancestry (8.2%), along with some Asian ancestry residents (6.8%), among others.

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 Downtown Tacoma South neighborhood spend under 15 minutes commuting one-way to work (38.4% of working residents), one of the shortest commutes across America.

Here most residents (49.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (14.9%) and 9.8% 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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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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