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Real Estate Prices & Overview

NE 38th Way / NE 36th Way median real estate price is $682,881, which is more expensive than 54.2% of the neighborhoods in Washington and 77.8% of the neighborhoods in the U.S.

The average rental price in NE 38th Way / NE 36th Way is currently $3,478, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.2% of the neighborhoods in Washington.

NE 38th Way / NE 36th Way is a suburban neighborhood (based on population density) located in Vancouver, Washington.

NE 38th Way / NE 36th Way real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the NE 38th Way / NE 36th Way neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In NE 38th Way / NE 36th Way, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in NE 38th Way / NE 36th Way is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Vancouver, the NE 38th Way / NE 36th Way neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the NE 38th Way / NE 36th Way neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, one way that the NE 38th Way / NE 36th Way neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Furthermore, homes built from 2000 through today make up a higher proportion of the NE 38th Way / NE 36th Way neighborhood's real estate landscape than 95.4% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 71.2% of the residential real estate here is classified as newer.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the NE 38th Way / NE 36th Way neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 47.8% of the households here have four, five, or more cars. That is more cars per household than in 99.5% of the neighborhoods in the nation.

Modes of Transportation

Our research shows that more people carpool to work here in the NE 38th Way / NE 36th Way (34.0%) than in 99.3% of the neighborhoods in America.

People

Single parenting is hard. But you don't have to tell the NE 38th Way / NE 36th Way neighborhood about it; they already know. 17.6% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.4% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the NE 38th Way / NE 36th Way neighborhood has more Dutch and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.3% of this neighborhood's residents have Dutch ancestry and 7.8% have Arab ancestry.

NE 38th Way / NE 36th Way is also pretty special linguistically. Significantly, 7.0% 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 99.1% of the neighborhoods in America.

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 NE 38th Way / NE 36th Way neighborhood. In the NE 38th Way / NE 36th Way neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 NE 38th Way / NE 36th Way neighborhood in Vancouver 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 87.0% of the neighborhoods in America. In addition, 2.6% 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 72.1% of America'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 NE 38th Way / NE 36th Way neighborhood, 39.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.0%), and 12.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the NE 38th Way / NE 36th Way neighborhood is English, spoken by 81.6% of households. Some people also speak Arabic (7.0%).

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 NE 38th Way / NE 36th Way neighborhood in Vancouver, WA, residents most commonly identify their ethnicity or ancestry as Irish (23.2%). There are also a number of people of Dutch ancestry (18.3%), and residents who report Mexican roots (13.4%), and some of the residents are also of English ancestry (10.4%), along with some German ancestry residents (8.8%), among others. In addition, 17.6% of the residents of this neighborhood were born in another country.

Getting to Work

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 NE 38th Way / NE 36th Way neighborhood spend under 15 minutes commuting one-way to work (47.1% of working residents), one of the shortest commutes across America.

Here most residents (48.3%) 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 (34.0%) . 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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