Real Estate Prices and Overview
Median real estate prices in the Town Center of Kaneohe are $459,001, which is more expensive than 33.9% of the neighborhoods
in Hawaii and 90.9% of the
neighborhoods in the U.S.
Average rental prices in Kaneohe Town Center are currently
$1,819, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.3%
of the neighborhoods in Hawaii.
Kaneohe Town Center is an urban neighborhood (based on population
density) located in Kaneohe, Hawaii.
Real estate in the Town Center of Kaneohe, HI is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Kaneohe Town Center, the current vacancy rate is 4.1%,
which is a lower rate of vacancies than 81.9% of all neighborhoods
in the U.S. This means that the housing supply in Kaneohe Town Center
is very tight compared to the demand for property here.
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: Occupations
With 2.8% of employed workers living in the Kaneohe
Town Center neighborhood active in the military, this neighborhood has
the distinction of having a higher proportion of people in the military
than 97.9% of American neighborhoods. This is a major
shaper of the neighborhood's culture and character.
Furthermore, 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 Kaneohe Town Center neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 16.7% of its workforce, this
neighborhood has a greater concentration of government workers than
97.7% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Kaneohe Town Center neighborhood has more
Asian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 26.8% of
this neighborhood's residents have Asian ancestry.
Kaneohe Town Center is also pretty special linguistically. Significantly, 2.8% 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 99.2% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Kaneohe Town Center stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 87.8% of the residential real estate here was built in this one time period.
The Neighbors: Income
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 Town Center 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 74.0% of the neighborhoods in America.
In addition, 11.9% 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 58.0%
of America's neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Kaneohe Town Center neighborhood, 33.4%
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 28.8% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(24.1%), and 16.7% 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 Town Center neighborhood in Kaneohe, HI, residents
most commonly identify their ethnicity or ancestry as Asian
(26.8%). There are also a number of people of Puerto Rican ancestry (4.4%) , and residents who report Mexican roots (3.1%) , and some of the residents are also of Jamaican ancestry (1.1%) .
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 Kaneohe Town Center
neighborhood is English, spoken by 88.9% of households. Other important languages spoken here include Spanish and Japanese.
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 Kaneohe Town Center neighborhood spend
between 15 and 30 minutes commuting one-way to work (39.3% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.2%) 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 (19.3%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.