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Real Estate Prices & Overview

Puako / Waikoloa Beach Resort median real estate price is $1,156,162, which is more expensive than 53.1% of the neighborhoods in Hawaii and 89.2% of the neighborhoods in the U.S.

The average rental price in Puako / Waikoloa Beach Resort is currently $3,566, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.9% of Hawaii neighborhoods.

Puako / Waikoloa Beach Resort is a remote neighborhood (based on population density) located in Waikoloa, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Puako / Waikoloa Beach Resort 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 occupied by a mixture of owners and renters. Many of the residences in the Puako / Waikoloa Beach Resort neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Puako / Waikoloa Beach Resort. The current real estate vacancy rate here is 65.2%. This is higher than the rate of vacancies in 99.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (46.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Puako / Waikoloa Beach Resort neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Puako / Waikoloa Beach Resort is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of. One of the notable things about Puako / Waikoloa Beach Resort is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

In addition, despite all of the residential real estate here in the Puako / Waikoloa Beach Resort 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 65.2%, which is higher than 99.6% of all U.S. neighborhoods.

People

If you are planning to retire in Hawaii, this neighborhood should be on your must-see list. For many reasons, Puako / Waikoloa Beach Resort may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Hawaii, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.3% of neighborhoods in HI. If a Hawaii retirement is in your future, this neighborhood should be one of the places you visit.

In addition, with more than 1.8% of residents living with a same sex partner, Puako / Waikoloa Beach Resort is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.9% of U.S. neighborhoods.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Puako / Waikoloa Beach Resort neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.2% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.2% of U.S. neighborhoods.

Furthermore, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Puako / Waikoloa Beach Resort neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.6% of all American neighborhoods.

Diversity

Did you know that the Puako / Waikoloa Beach Resort neighborhood has more Canadian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Canadian ancestry and 0.7% have Armenian ancestry.

Puako / Waikoloa Beach Resort is also pretty special linguistically. Significantly, 2.0% 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 99.0% 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 Puako / Waikoloa Beach Resort neighborhood in Waikoloa are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.9% of the neighborhoods in America. In addition, 0.6% 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 79.7% 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 Puako / Waikoloa Beach Resort neighborhood, 38.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 36.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.6%), and 9.1% in clerical, assistant, and tech support occupations.

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 Puako / Waikoloa Beach Resort neighborhood is English, spoken by 74.9% of households. Other important languages spoken here include Spanish and Japanese.

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 Puako / Waikoloa Beach Resort neighborhood in Waikoloa, HI, residents most commonly identify their ethnicity or ancestry as German (11.2%). There are also a number of people of English ancestry (10.6%), and residents who report Asian roots (8.0%), and some of the residents are also of Irish ancestry (7.6%), along with some Mexican ancestry residents (7.4%), among others. In addition, 15.3% 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 Puako / Waikoloa Beach Resort neighborhood spend between 15 and 30 minutes commuting one-way to work (32.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.2%) 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 (20.2%) . 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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