Real Estate Prices and Overview
17 Mile Rd / Dequindre Rd median real estate prices are $177,784, which is more expensive than 80.6% of the neighborhoods
in Michigan and 55.6% of the
neighborhoods in the U.S.
Average rental prices in 17 Mile Rd / Dequindre Rd are currently
$1,598, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.4%
of the neighborhoods in Michigan.
17 Mile Rd / Dequindre Rd is an urban neighborhood (based on population
density) located in Sterling Heights, Michigan.
17 Mile Rd / Dequindre Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the 17 Mile Rd / Dequindre Rd 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 17 Mile Rd / Dequindre Rd, the current vacancy rate is 1.0%,
which is a lower rate of vacancies than 95.1% of all neighborhoods
in the U.S. This means that the housing supply in 17 Mile Rd / Dequindre Rd
is very tight compared to the demand for property here.
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 Sterling Heights,
the 17 Mile Rd / Dequindre 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 17 Mile Rd / Dequindre Rd neighborhood has more
Arab and Belgian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 13.9% of
this neighborhood's residents have Arab ancestry and 0.8% have Belgian ancestry.
17 Mile Rd / Dequindre Rd is also pretty special linguistically. Significantly, 10.5% of its residents five years old and above primarily
speak Arabic at home. While this may seem like a small percentage, it is higher
than 99.8% of the neighborhoods in America.
Notable & Unique: People
The 17 Mile Rd / Dequindre Rd neighborhood stands out within Michigan
for its college student friendly environment. NeighborhoodScout's analysis
reveals that this neighborhood is home to a number of college students,
is relatively walkable, and above average in safety. In combination, this
makes it stand out for a good place for college students to consider.
Because a number of college students live here, this neighborhood may
be close to a college campus and offer certain amenities nearby geared
towards the student body. While it's not an environment for everyone,
ambitious scholars can enjoy seasonal excitement between semesters and
school breaks, and parents can rest easy knowing that the area has an
above average safety rating. For each of these reasons, the
neighborhood is rated among the top 9%
of college-friendly places to live in MI.
Notable & Unique: Real Estate
In addition, most neighborhoods are composed of a mixture of ages of homes, but the 17 Mile Rd / Dequindre Rd 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, 92.6% of the residential real estate here was built in this one time period.
Furthermore, this 17 Mile Rd / Dequindre Rd neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 97.7% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.6% of all neighborhoods in America.
Also of note, real estate in the 17 Mile Rd / Dequindre Rd neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 96.2% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 1.0%, the 17 Mile Rd / Dequindre Rd neighborhood has a lower vacancy rate than 95.1% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
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 17 Mile Rd / Dequindre Rd neighborhood in Sterling Heights are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 60.9% of the neighborhoods in America.
With 24.0% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 65.0%
of U.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 17 Mile Rd / Dequindre Rd neighborhood, 37.7%
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 29.7% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(18.2%), and 14.0% in clerical, assistant, and tech support occupations.
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 17 Mile Rd / Dequindre Rd neighborhood in Sterling Heights, MI, residents
most commonly identify their ethnicity or ancestry as Arab
(13.9%). There are also a number of people of Asian ancestry (9.8%) , and residents who report Polish roots (9.6%) , and some of the residents are also of German ancestry (6.3%) , along with some Irish ancestry residents (5.5%), among others. In addition, 39.8% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the 17 Mile Rd / Dequindre Rd
neighborhood is English, spoken by 52.5% of households. Some people also speak Arabic (10.5%).
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 17 Mile Rd / Dequindre Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (47.9% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (91.4%) 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 (7.8%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.