Real Estate Prices and Overview
Kamehameha Hwy / Paleka Rd median real estate prices are $667,540, which is more expensive than 72.0% 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 58.7% 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
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.
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
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 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
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 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.