Real Estate Prices and Overview
E 39th St / Olive St median real estate prices are $39,360, which is less expensive than 99.3% of Missouri neighborhoods
and 99.1% of all U.S. neighborhoods.
Average rental prices in E 39th St / Olive St are currently
$524, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 56.5% of Missouri neighborhoods.
E 39th St / Olive St is a suburban neighborhood (based on population
density) located in Kansas City, Missouri.
E 39th St / Olive St 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 E 39th St / Olive St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
E 39th St / Olive St. The current real estate vacancy rate here is 40.2%.
This is higher than the rate of vacancies in 97.3% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as 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.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, 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.
Notable & Unique: Occupations
There are more people living in the E 39th St / Olive St neighborhood
employed as sales and service workers (38.3%) than almost any neighborhood
in the country. From fast-food service workers to major sales accounts,
sales and service workers make up the largest proportion of our national
employment picture. But despite that size and importance nationally, this
neighborhood still stands out as unique due to the dominance of people
living here who work in such occupations.
Notable & Unique: People
Single parenting is hard. But you don't have to tell the
E 39th St / Olive St neighborhood about it; they already know. 23.4%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 98.6%
of American neighborhoods. Further NeighborhoodScout research showed strong
statistical correlations among high rates of children living in single
parent households, and neighborhood crime, particularly violent crime,
neighborhood poverty, and, importantly, the percentage of low weight births
and rates of infant mortality.
In addition, the E 39th St / Olive St neighborhood is unique for having just
1.8% of adults here having earned a bachelor's degree.
This is a lower rate of college graduates than NeighborhoodScout found
in 98.5% of America's neighborhoods.
Also, the E 39th St / Olive St neighborhood stands out for having an
average per capita income lower than 97.5% of the neighborhoods
in the United States.
Notable & Unique: Modes of Transportation
Our research revealed that more commuters here take the bus to work
(25.5% ride the bus) than 98.2% of all American
neighborhoods. If you like the idea of leaving your car and home and
hopping the bus to work, this might be a good neighborhood for you to
Notable & Unique: Migration/Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
More residents of the E 39th St / Olive St neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 95.3% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Real Estate
In addition, despite all of the residential real estate here in the E 39th St / Olive St 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 40.2%, which is higher than 97.3% of all U.S. neighborhoods.
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 E 39th St / Olive St neighborhood in Kansas City are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 97.5% of U.S. neighborhoods.
With 55.3% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 93.5%
of U.S. neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the E 39th St / Olive St neighborhood, 61.7%
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
clerical, assistant, and tech support occupations, with 25.1% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(8.6%), and 4.5% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the E 39th St / Olive St neighborhood in Kansas City, MO, residents
most commonly identify their ethnicity or ancestry as Sub-Saharan African
(1.8%). There are also a number of people of African ancestry (1.8%) .
The Neighbors: Languages
The most common language spoken in the E 39th St / Olive St
neighborhood is English, spoken by 100.0% of households.
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 E 39th St / Olive St neighborhood spend
between 15 and 30 minutes commuting one-way to work (41.6% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.4%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (25.5%) and 9.1% of residents also carpool with coworkers, friends, or neighbors 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.