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 99.0%
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, if knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the NE 39th Ave / NE Fremont St neighborhood, where 34.5% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 97.0%
of the neighborhoods in America.
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, in the NE 39th Ave / NE Fremont St neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 12.2% 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 96.4% 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 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
Executives, managers and professionals make up 62.7% of the workforce
in the NE 39th Ave / NE Fremont St neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 95.2% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
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, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 90.7% of the residential real estate in the NE 39th Ave / NE Fremont St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
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 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.