Real Estate Prices and Overview
Warm Springs median real estate prices are $134,956, which is more expensive than 33.2% of the neighborhoods
in Montana and 39.6% of the
neighborhoods in the U.S.
Average rental prices in Warm Springs are currently
$396, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 89.8% of Montana neighborhoods.
Warm Springs is a remote neighborhood (based on population
density) located in Anaconda, Montana.
Warm Springs real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Warm Springs neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
Warm Springs. The current real estate vacancy rate here is 41.7%.
This is higher than the rate of vacancies in 97.6% 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
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Modes of Transportation
In the Warm Springs neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 23.5% of residents worked from home. This may not
seem like a large number, but Scout's research shows that this is a higher
percentage of people working from home than 99.7% of the
neighborhoods in America. Often people who work from home are engaged in
the creative or technological economy, such as is found in areas around Boston,
and in Silicon Valley. Other times, people may be engaged in other businesses
like trading stocks from home, or running a small beauty salon.
Notable & Unique: Diversity
Did you know that the Warm Springs neighborhood has more
Austrian and Finnish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.8% of
this neighborhood's residents have Austrian ancestry and 1.6% have Finnish ancestry.
Notable & Unique: Real Estate
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 4.76 people per square mile living here, this neighborhood is less crowded than 98.4% of America. One of the notable things about Warm Springs is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
In addition, despite all of the residential real estate here in the Warm Springs 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 41.7%, which is higher than 97.6% of all U.S. neighborhoods.
Notable & Unique: People
Of particular note, 9.9% of the people in the Warm Springs
neighborhood currently reside in a correction facility, held due to
punishment for a crime.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the Warm Springs neighborhood has
a highly unusual pattern of car ownership.
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 44.1% of the households here have four, five,
or more cars. That is more cars per household than in 98.1% of
the neighborhoods in the nation.
Notable & Unique: Occupations
Each year, fewer and fewer Americans make their living as farmers, foresters,
or fishers. But the Warm Springs neighborhood truly stands
out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis,
this neighborhood has a greater proportion of farmers, foresters, or fishers
than 95.4% of all American neighborhoods. This is truly a unique
cultural characteristic of this neighborhood.
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 Warm Springs neighborhood in Anaconda are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 68.3% of U.S. neighborhoods.
In addition, 9.3% 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 64.4%
of America'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 Warm Springs neighborhood, 31.1%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 26.5% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(25.8%), and 12.4% 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 Warm Springs neighborhood in Anaconda, MT, residents
most commonly identify their ethnicity or ancestry as German
(23.6%). There are also a number of people of Irish ancestry (13.6%) , and residents who report English roots (8.7%) , and some of the residents are also of Native American ancestry (4.9%) , along with some Norwegian ancestry residents (4.8%), among others.
The Neighbors: Languages
The most common language spoken in the Warm Springs
neighborhood is English, spoken by 96.3% 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 Warm Springs neighborhood spend
under 15 minutes commuting one-way to work (39.4% of working
residents), one of the shortest commutes across America.
Here most residents (78.9%) 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 (16.6%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.