Real Estate Prices and Overview
Oregon State U / SW Philomath Blvd median real estate prices are $333,350, which is more expensive than 82.5% of the neighborhoods
in Oregon and 81.7% of the
neighborhoods in the U.S.
Average rental prices in Oregon State U / SW Philomath Blvd are currently
$654, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 79.2% of Oregon neighborhoods.
Oregon State U / SW Philomath Blvd is a suburban neighborhood (based on population
density) located in Corvallis, Oregon.
Oregon State U / SW Philomath Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the Oregon State U / SW Philomath Blvd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
Oregon State U / SW Philomath Blvd. The current real estate vacancy rate here is 21.9%.
This is higher than the rate of vacancies in 87.5% 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: Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 15.1% of residents in
the Oregon State U / SW Philomath Blvd neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
99.8% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Also, more people in Oregon State U / SW Philomath Blvd choose to walk to work each day
(38.8%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Notable & Unique: People
An extraordinary 63.9% of the residents of the
Oregon State U / SW Philomath Blvd neighborhood are currently enrolled in college. This is
such a large part of life in this neighborhood that the neighborhood changes
a great deal with the change of semesters and is far quieter during
the summer when many students are away.
In addition, one of the really interesting characteristics about the
Oregon State U / SW Philomath Blvd neighborhood is that, according to NeighborhoodScout's
exclusive research, it is an excellent choice in which to reside for
college students. Due to its popularity among college students who
already choose to live here, its walkability, and its above average
safety from crime, the neighborhood is ideal for prospective or
already-enrolled college students. Between semesters and during
school breaks, you'll notice that the excitement here fluctuates with
the college seasons. Despite the excitement however, parents of college-age
children can rest easy knowing that this
neighborhood has an above average safety rating. For each of these
reasons, the neighborhood is rated among the
top 1.0% of college-friendly places to live in
the state of Oregon.
Also, the Oregon State U / SW Philomath Blvd neighborhood stands out for having an
average per capita income lower than 95.9% of the neighborhoods
in the United States.
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.
In the Oregon State U / SW Philomath Blvd neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 98.9% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Length of Commute
Regardless of the means by which residents commute, this neighborhood has
a length of commute that is notable.
Residents of the Oregon State U / SW Philomath Blvd neighborhood have the pleasure
of having one of the shortest commutes to work of any neighborhood in
America. 68.0% of the residents have a commute time from
home to work (one way) of less than fifteen minutes. This is a higher
proportion of residents enjoying a short trip to work than NeighborhoodScout
found in 97.7% of U.S. neighborhoods. Less time commuting
means more time for other things in life.
Notable & Unique: Diversity
Significantly, 1.1% 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 96.6% of the neighborhoods in America.
Notable & Unique: Occupations
With 1.7% of employed workers living in the
Oregon State U / SW Philomath Blvd neighborhood active in the military, this neighborhood has
the distinction of having a higher proportion of people in the military
than 96.3% of American neighborhoods. This is a major
shaper of the neighborhood's culture and character.
Notable & Unique: Real Estate
In addition, 86.0% of the real estate in the Oregon State U / SW Philomath Blvd neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood 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 Oregon State U / SW Philomath Blvd neighborhood in Corvallis are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 95.9% of U.S. neighborhoods.
With 43.3% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 86.4%
of U.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 Oregon State U / SW Philomath Blvd neighborhood, 53.1%
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 26.9% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(14.0%), and 3.8% 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 Oregon State U / SW Philomath Blvd neighborhood in Corvallis, OR, residents
most commonly identify their ethnicity or ancestry as German
(13.7%). There are also a number of people of Asian ancestry (10.6%) , and residents who report English roots (9.3%) , and some of the residents are also of Irish ancestry (8.2%) , along with some Mexican ancestry residents (3.7%), among others. In addition, 11.3% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Oregon State U / SW Philomath Blvd
neighborhood is English, spoken by 88.1% of households. Some people also speak Spanish (2.6%).
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in Oregon State U / SW Philomath Blvd neighborhood spend
under 15 minutes commuting one-way to work (68.0% of working
residents), one of the shortest commutes across America.
Here most residents (38.8%) hop out the door and walk to work to get to work.
In addition, quite a number also drive alone in a private automobile to get to work (32.4%) and 15.1% of residents also bicycle for their daily commute. This is a special neighborhood for the number of people who walk to work.
Combining exercise, low cost, and reduced pollution, plus the chance to
see your neighbors, walking to work is fairly uncommon in America but likely
to increase as people try to reduce their dependence on automobiles, and
this neighborhood offers that opportunity today.