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Real Estate Prices & Overview

Salt Lakes Foster Village Northeast median real estate price is $981,913, which is more expensive than 50.8% of the neighborhoods in Hawaii and 90.1% of the neighborhoods in the U.S.

The average rental price in Salt Lakes Foster Village Northeast is currently $5,659, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.8% of the neighborhoods in Hawaii.

Salt Lakes Foster Village Northeast is a suburban neighborhood (based on population density) located in Honolulu, Hawaii.

Salt Lakes Foster Village Northeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Salt Lakes Foster Village Northeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Salt Lakes Foster Village Northeast, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 81.4% of all neighborhoods in the U.S. This means that the housing supply in Salt Lakes Foster Village Northeast is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Occupations

With 40.0% of employed workers living in the Salt Lakes Foster Village Northeast neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.9% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Real Estate

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Salt Lakes Foster Village Northeast neighborhood could be your paradise. With 69.4% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

In addition, 95.8% of the real estate in the Salt Lakes Foster Village Northeast neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Salt Lakes Foster Village Northeast neighborhood. A whopping 85.3% 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 98.0% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Also of note, one way that the Salt Lakes Foster Village Northeast neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.6% 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.

People

Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Salt Lakes Foster Village Northeast neighborhood may actually hold the key. 70.4% of its residents are married, which is a higher percentage than is found in 96.5% of the neighborhoods in America.

Diversity

Did you know that the Salt Lakes Foster Village Northeast neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Eastern European ancestry.

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 Salt Lakes Foster Village Northeast neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Salt Lakes Foster Village Northeast 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 49.8% of the neighborhoods in America. With 19.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.3% of U.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 Salt Lakes Foster Village Northeast neighborhood, 40.0% of the working population is employed in the military. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 37.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (29.8%), and 24.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Salt Lakes Foster Village Northeast neighborhood is English, spoken by 84.4% of households. Some people also speak Spanish (6.7%).

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 Salt Lakes Foster Village Northeast neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Mexican (18.1%). There are also a number of people of English ancestry (9.2%), and residents who report German roots (6.4%), and some of the residents are also of Irish ancestry (4.7%), along with some Eastern European ancestry residents (4.7%), 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 Salt Lakes Foster Village Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (48.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.8%) 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 (6.1%) . 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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