Real Estate Prices and Overview
Alameda median real estate prices are $335,421, which is more expensive than 82.7% of the neighborhoods
in Oregon and 81.9% of the
neighborhoods in the U.S.
Average rental prices in Alameda are currently
$1,223, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.5%
of the neighborhoods in Oregon.
Alameda is an urban neighborhood (based on population
density) located in Portland, Oregon.
Alameda real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is owner occupied. Many of
the residences in the Alameda 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 Alameda, the current vacancy rate is 4.1%,
which is a lower rate of vacancies than 81.8% of all neighborhoods
in the U.S. This means that the housing supply in Alameda
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
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 Alameda neighborhood: a neighborhood in which more
"urban sophisticates" live than 99.0% 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.
In addition, Alameda has the amazing distinction of housing more same
sex couples living together than 98.8% 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.
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 8.0% of residents in
the Alameda neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
99.0% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Notable & Unique: Occupations
Executives, managers and professionals make up 67.3% of the workforce
in the Alameda neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 97.3% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Diversity
Did you know that the Alameda neighborhood has more
Brazilian and Norwegian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 0.6% of
this neighborhood's residents have Brazilian ancestry and 4.8% have Norwegian ancestry.
Alameda is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily
speak Hebrew at home. While this may seem like a small percentage, it is higher
than 96.8% of the neighborhoods in America.
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 Alameda neighborhood in Portland are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 83.6% of the neighborhoods in America.
In addition, 2.8% 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 82.5%
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 Alameda neighborhood, 67.3%
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 13.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(11.5%), and 7.8% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the Alameda neighborhood in Portland, OR, residents
most commonly identify their ethnicity or ancestry as German
(16.5%). There are also a number of people of Irish ancestry (7.9%) , and residents who report English roots (6.5%) , and some of the residents are also of Norwegian ancestry (4.8%) , along with some Italian ancestry residents (3.2%), among others.
The Neighbors: Languages
The most common language spoken in the Alameda
neighborhood is English, spoken by 92.8% 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 Alameda neighborhood spend
between 15 and 30 minutes commuting one-way to work (50.0% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (79.0%) drive alone in a private automobile to get to work.
In addition, quite a number also bicycle to get to work (8.0%) and 6.0% of residents also ride the bus 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.