Real Estate Prices and Overview
Kamehameha Hwy / Paleka Rd median real estate prices are $667,540, which is more expensive than 72.4% of the neighborhoods
in Hawaii and 96.3% of the
neighborhoods in the U.S.
Average rental prices in Kamehameha Hwy / Paleka Rd are currently
$1,466, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 56.9% of Hawaii neighborhoods.
Kamehameha Hwy / Paleka Rd is a suburban neighborhood (based on population
density) located in Kaneohe, Hawaii.
Kamehameha Hwy / Paleka Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Kamehameha Hwy / Paleka Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Kamehameha Hwy / Paleka Rd are 7.1%,
which is lower than one will find in 63.2% of American
neighborhoods. Demand for real estate in Kamehameha Hwy / Paleka Rd
is above average for the U.S., and may signal some demand for either
price increases or new construction of residential product for this neighborhood.
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 Kaneohe,
the Kamehameha Hwy / Paleka Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Kamehameha Hwy / Paleka Rd neighborhood has more
Asian and Portuguese ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 37.0% of
this neighborhood's residents have Asian ancestry and 1.9% have Portuguese ancestry.
Kamehameha Hwy / Paleka Rd is also pretty special linguistically. Significantly, 6.8% 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 99.9% of the neighborhoods in America.
Notable & Unique: Occupations
The government often provides some of the more stable jobs in the economy.
From local, to state, to federal government workers, the government can
also be a major employer. What NeighborhoodScout's analysis revealed, is
that the Kamehameha Hwy / Paleka Rd neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 16.9% of its workforce, this
neighborhood has a greater concentration of government workers than
97.8% of U.S. neighborhoods.
Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute
is an important factor for one's quality of life. The Kamehameha Hwy / Paleka Rd
neighborhood stands out for its commute length, according to NeighborhoodScout's
Long commutes can be brutal. They take time, money, and energy, leaving less
of you for yourself and your family. The residents of the
Kamehameha Hwy / Paleka Rd neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
8.6% of commuters here travel more than one hour just one-way
to work. That is more than two hours per day. This percentage with two-hour +
round-trip commutes is higher than NeighborhoodScout found in 95.9%
of all neighborhoods in America.
The Neighbors: Income
There are two complimentary 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 Kamehameha Hwy / Paleka Rd neighborhood in Kaneohe are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 78.6% of the neighborhoods in America.
In addition, 3.6% 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 80.0%
of America's neighborhoods.
The Neighbors: Occupations
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 Kamehameha Hwy / Paleka Rd neighborhood, 31.1%
of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is
executive, management, and professional occupations, with 30.2% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(25.0%), and 16.9% in government jobs, whether they are in local, state, or federal positions.
The Neighbors: 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 Kamehameha Hwy / Paleka Rd neighborhood in Kaneohe, HI, residents
most commonly identify their ethnicity or ancestry as Asian
(37.0%). There are also a number of people of Puerto Rican ancestry (5.2%) , and residents who report Mexican roots (3.2%) , and some of the residents are also of German ancestry (2.6%) , along with some Dutch ancestry residents (2.2%), among others.
The Neighbors: 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 Kamehameha Hwy / Paleka Rd
neighborhood is English, spoken by 77.0% of households. Other important languages spoken here include Japanese, Spanish, Chinese and German.
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 Kamehameha Hwy / Paleka Rd neighborhood spend
between 30 and 45 minutes commuting one-way to work (32.8% of working
residents), which is at or a bit above the average length of a commute across all U.S.
neighborhoods. However, there is also a significant group of residents (8.6%) who
commute over an hour in each direction.
Here most residents (71.0%) 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 (13.4%) and 10.2% of residents also ride the bus 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.