Real Estate Prices and Overview
Ravenna median real estate prices are $583,936, which is more expensive than 96.1% of the neighborhoods
in Washington and 94.6% of the
neighborhoods in the U.S.
Average rental prices in Ravenna are currently
$1,032, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 53.5% of Washington neighborhoods.
Ravenna is an urban neighborhood (based on population
density) located in Seattle, Washington.
Ravenna real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Ravenna 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 2000 and the present.
Home and apartment vacancy rates are 8.0% in
Ravenna. NeighborhoodScout analysis shows that this rate is lower
than 57.5% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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
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 Ravenna neighborhood is a fantastic
option for bicycle commuters, as 10.8% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 99.5% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work
than 97.3% of U.S. neighborhoods.
Notable & Unique: People
One of the really interesting characteristics about the
Ravenna 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 0.6% of college-friendly places to live in
the state of Washington.
In addition to being an excellent choice for college students, this
neighborhood is also a very good choice for highly educated executives and urban sophisticates.
In addition, 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 Ravenna neighborhood, where 43.1% 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 98.9%
of the neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Ravenna neighborhood has more
Finnish and Iranian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.5% of
this neighborhood's residents have Finnish ancestry and 1.5% have Iranian ancestry.
Ravenna is also pretty special linguistically. Significantly, 2.7% of its residents five years old and above primarily
speak German at home. While this may seem like a small percentage, it is higher
than 98.8% of the neighborhoods in America.
Notable & Unique: Occupations
The Ravenna neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
96.1% of the neighborhoods in American. In fact, 64.2%
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.
The Neighbors: Income
There are two complementary 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 Ravenna neighborhood in Seattle are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 65.9% of the neighborhoods in America.
In addition, 2.6% 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 83.2%
of America'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 Ravenna neighborhood, 64.2%
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 19.2% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(9.6%), and 7.0% 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 Ravenna neighborhood in Seattle, WA, residents
most commonly identify their ethnicity or ancestry as Asian
(12.5%). There are also a number of people of German ancestry (12.2%) , and residents who report Irish roots (8.8%) , and some of the residents are also of Italian ancestry (7.0%) , along with some English ancestry residents (5.6%), among others. In addition, 17.3% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the Ravenna
neighborhood is English, spoken by 79.1% of households. Other important languages spoken here include Spanish, Chinese, Korean and German.
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 Ravenna neighborhood spend
between 15 and 30 minutes commuting one-way to work (43.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (49.4%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (21.4%) and 10.8% 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.