Real Estate Prices and Overview
Ravenna median real estate prices are $583,936, which is more expensive than 96.0% of the neighborhoods
in Washington and 94.6% of the
neighborhoods in the U.S.
Average rental prices in Ravenna are currently
$1,024, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.6%
of the neighborhoods in Washington.
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
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Seattle,
the Ravenna neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
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 10.8% of residents in
the Ravenna neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
99.5% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Also, our research revealed that more commuters here take the bus to work
(21.4% ride the bus) than 97.3% of all American
neighborhoods. If you like the idea of leaving your car and home and
hopping the bus to work, this might be a good neighborhood for you to
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
Executives, managers and professionals make up 64.2% of the workforce
in the Ravenna neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 96.1% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
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 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
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 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 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 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
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 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.