Real Estate Prices and Overview
Route 195 / S Inland Empire Way median real estate prices are $122,036, which is less expensive than 93.4% of Washington neighborhoods
and 65.8% of all U.S. neighborhoods.
Average rental prices in Route 195 / S Inland Empire Way are currently
$820, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 77.5% of Washington neighborhoods.
Route 195 / S Inland Empire Way is a suburban neighborhood (based on population
density) located in Spokane, Washington.
Route 195 / S Inland Empire Way real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Route 195 / S Inland Empire Way neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Route 195 / S Inland Empire Way, the current vacancy rate is 3.5%,
which is a lower rate of vacancies than 84.8% of all neighborhoods
in the U.S. This means that the housing supply in Route 195 / S Inland Empire Way
is very tight compared to the demand for property here.
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 Spokane,
the Route 195 / S Inland Empire Way neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Route 195 / S Inland Empire Way neighborhood has more
Romanian and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.2% of
this neighborhood's residents have Romanian ancestry and 1.5% have Eastern European ancestry.
Notable & Unique: People
If you're nearing retirement age, or in retirement, the
Route 195 / S Inland Empire Way neighborhood is an excellent choice for you to consider
for top-quality retirement living. This neighborhood is rated by
NeighborhoodScout as among the top 8.9% of retiree-friendly
neighborhoods in Washington, combining peace and quiet, safety from
crime, and offering diverse housing options from which retirees can
choose. Maybe it's because of these amenities that a large proportion
of the residents here are college educated seniors, mixed with other
age groups. For these and other reasons, NeighborhoodScout identifies
this neighborhood as a top-notch place to consider if you are thinking
of or planning to retire in Washington.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for first-time home buyers.
Notable & Unique: Real Estate
In addition, the real estate in this neighborhood consists of more mobile homes than 97.9% of all neighborhoods in America, with 39.5% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
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 Route 195 / S Inland Empire Way neighborhood in Spokane are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 40.8% of the neighborhoods in America.
In addition, 8.2% 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 67.0%
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 Route 195 / S Inland Empire Way neighborhood, 53.1%
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 26.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(13.0%), and 7.5% 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 Route 195 / S Inland Empire Way neighborhood in Spokane, WA, residents
most commonly identify their ethnicity or ancestry as German
(18.8%). There are also a number of people of Irish ancestry (9.1%) , and residents who report English roots (8.3%) , and some of the residents are also of Norwegian ancestry (6.6%) , along with some Scottish ancestry residents (2.9%), among others.
The Neighbors: Languages
The most common language spoken in the Route 195 / S Inland Empire Way
neighborhood is English, spoken by 93.6% 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 Route 195 / S Inland Empire Way neighborhood spend
between 15 and 30 minutes commuting one-way to work (50.3% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (92.0%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.