Real Estate Prices and Overview
NE 39th Ave / NE Fremont St median real estate prices are $457,555, which is more expensive than 95.1% of the neighborhoods
in Oregon and 90.8% of the
neighborhoods in the U.S.
Average rental prices in NE 39th Ave / NE Fremont St are currently
$2,013, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.3%
of the neighborhoods in Oregon.
NE 39th Ave / NE Fremont St is an urban neighborhood (based on population
density) located in Portland, Oregon.
NE 39th Ave / NE Fremont St real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is owner occupied. Many of
the residences in the NE 39th Ave / NE Fremont 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.
In NE 39th Ave / NE Fremont St, the current vacancy rate is 1.9%,
which is a lower rate of vacancies than 92.4% of all neighborhoods
in the U.S. This means that the housing supply in NE 39th Ave / NE Fremont St
is very tight compared to the demand for property here.
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: People
Think about the people you know personally. How many of them would
purchase box seats to opening night at the symphony? How many of them
regularly attend gallery openings, or are the first to reserve tickets
to opening night at the ballet? If they're like most of us, they don't
do any of these things. But if you're among an exclusive crowd of wealthy
and refined patrons of the arts, then you'll feel right at home in
the NE 39th Ave / NE Fremont St neighborhood: a neighborhood in which more
"urban sophisticates" live than 99.7% of neighborhoods
across the U.S. Here, your neighbors are defined as having urbane
tastes in literature, music, live theatre and the arts. They are wealthy,
educated, travel in style, and live a big city lifestyle whether or
not they live in or near a big city.
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for highly educated executives and families with school-aged children.
In addition, NE 39th Ave / NE Fremont St has the amazing distinction of housing more same
sex couples living together than 98.6% of neighborhoods
in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's
analysis shows that this is one place that you should consider.
Also, some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 34.5% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
97.0% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
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 9.6% of residents in
the NE 39th Ave / NE Fremont St neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
99.3% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Also, a unique way of commuting is simply not to. And in the NE 39th Ave / NE Fremont St
neighborhood, analysis shows that 12.2% of the residents work
from home, avoiding a commute altogether. This may not seem like a large number,
but it is a higher proportion of people working from home than is found in
96.4% of the neighborhoods in the United States.
One thing NeighborhoodScout's research reveals is that the wealthier and/or
more isolated the neighborhood, the greater the proportion of residents who
choose to work from home.
Notable & Unique: Diversity
Did you know that the NE 39th Ave / NE Fremont St neighborhood has more
Norwegian and Welsh ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 8.4% of
this neighborhood's residents have Norwegian ancestry and 1.8% have Welsh ancestry.
Notable & Unique: Occupations
The NE 39th Ave / NE Fremont St neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
95.2% of the neighborhoods in American. In fact, 62.7%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Real Estate
In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the NE 39th Ave / NE Fremont St neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.0% of all American neighborhoods.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The NE 39th Ave / NE Fremont St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 90.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.9% of the neighborhoods in the United States.
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 NE 39th Ave / NE Fremont St neighborhood in Portland are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 90.7% of the neighborhoods in America.
With 17.3% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 53.4%
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 NE 39th Ave / NE Fremont St neighborhood, 62.7%
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 20.9% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(8.3%), and 7.6% in manufacturing and laborer 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 NE 39th Ave / NE Fremont St neighborhood in Portland, OR, residents
most commonly identify their ethnicity or ancestry as Irish
(14.1%). There are also a number of people of German ancestry (13.5%) , and residents who report Norwegian roots (8.4%) , and some of the residents are also of English ancestry (7.7%) , along with some Italian ancestry residents (4.0%), among others.
The Neighbors: Languages
The most common language spoken in the NE 39th Ave / NE Fremont St
neighborhood is English, spoken by 95.8% 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 NE 39th Ave / NE Fremont St neighborhood spend
between 15 and 30 minutes commuting one-way to work (42.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (67.3%) 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 (12.4%) and 9.6% of residents also bicycle 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.