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Real Estate Prices & Overview

Ala Wai Blvd / Kuamoo St median real estate price is $766,880, which is less expensive than 73.6% of Hawaii neighborhoods and 17.6% of all U.S. neighborhoods.

The average rental price in Ala Wai Blvd / Kuamoo St is currently $2,413, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.4% of Hawaii neighborhoods.

Ala Wai Blvd / Kuamoo St is a densely urban neighborhood (based on population density) located in Honolulu, Hawaii.

Ala Wai Blvd / Kuamoo St 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Ala Wai Blvd / Kuamoo St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Ala Wai Blvd / Kuamoo St. The current real estate vacancy rate here is 42.8%. This is higher than the rate of vacancies in 98.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Honolulu, the Ala Wai Blvd / Kuamoo St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 10.4% of residents in the Ala Wai Blvd / Kuamoo St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, more people in Ala Wai Blvd / Kuamoo St choose to walk to work each day (24.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Real Estate

The Ala Wai Blvd / Kuamoo St 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 98.4% 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.

In addition, one of the really unique and interesting things about the look and setting of the Ala Wai Blvd / Kuamoo St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 97.9% 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 99.6% of all neighborhoods in America.

Furthermore, the Ala Wai Blvd / Kuamoo St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 47,668 persons per square mile in the neighborhood, it is more packed with people than 98.3% of the nation's neighborhoods.

Also of note, despite all of the residential real estate here in the Ala Wai Blvd / Kuamoo St neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 42.8%, which is higher than 98.0% of all U.S. neighborhoods.

People

One of the most interesting things about the Ala Wai Blvd / Kuamoo St neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 62.9% 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 99.1% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Ala Wai Blvd / Kuamoo St neighborhood buck this trend. 33.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.5% of U.S. neighborhoods.

Occupations

With 1.6% of employed workers living in the Ala Wai Blvd / Kuamoo St 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.

Diversity

Did you know that the Ala Wai Blvd / Kuamoo St neighborhood has more Canadian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Canadian ancestry and 40.4% have Asian ancestry.

Ala Wai Blvd / Kuamoo St is also pretty special linguistically. Significantly, 12.3% 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 100.0% of the neighborhoods in America.

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 Ala Wai Blvd / Kuamoo St neighborhood in Honolulu are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.3% of the neighborhoods in America. With 14.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.3% 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 Ala Wai Blvd / Kuamoo St neighborhood, 48.2% 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 29.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.4%), and 6.9% in government jobs, whether they are in local, state, or federal positions.

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 Ala Wai Blvd / Kuamoo St neighborhood is English, spoken by 66.6% of households. Other important languages spoken here include Japanese, Korean, German/Yiddish and Spanish.

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 Ala Wai Blvd / Kuamoo St neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian (40.4%). There are also a number of people of German ancestry (7.4%), and residents who report English roots (6.1%), and some of the residents are also of French ancestry (5.4%), along with some Italian ancestry residents (5.4%), among others. In addition, 24.7% 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 Ala Wai Blvd / Kuamoo St neighborhood spend between 15 and 30 minutes commuting one-way to work (39.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (39.4%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (24.5%) and 10.4% of residents also bicycle 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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