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
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: People
If you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the NE 39th Ave / NE Fremont St
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 99.7% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the NE 39th Ave / NE Fremont St
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
Would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the NE 39th Ave / NE Fremont St neighborhood is a fantastic
option for bicycle commuters, as 9.6% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 99.3% of the neighborhoods in America.
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
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
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
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
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 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.