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Real Estate Prices & Overview

Russian Jack Park median real estate price is $216,492, which is less expensive than 79.2% of Alaska neighborhoods and 74.0% of all U.S. neighborhoods.

The average rental price in Russian Jack Park is currently $1,555, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.2% of Alaska neighborhoods.

Russian Jack Park is an urban neighborhood (based on population density) located in Anchorage, Alaska.

Russian Jack Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Russian Jack Park 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.

Russian Jack Park has a 10.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Anchorage, the Russian Jack Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

With 3.4% of employed workers living in the Russian Jack Park neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.9% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Modes of Transportation

In the Russian Jack Park neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.6% of commuters carpool here, which is more than in 95.5% of all U.S. neighborhoods.

Diversity

Did you know that the Russian Jack Park neighborhood has more Native American and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.4% of this neighborhood's residents have Native American ancestry and 1.0% have Finnish ancestry.

Russian Jack Park is also pretty special linguistically. Significantly, 4.7% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

The Neighbors

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 Russian Jack Park neighborhood in Anchorage are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.9% of the neighborhoods in America. With 18.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.9% of U.S. neighborhoods.

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 Russian Jack Park neighborhood, 37.9% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.9%), and 16.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Russian Jack Park neighborhood is English, spoken by 73.7% of households. Other important languages spoken here include Tagalog (the first language of the Philippine region), Native American languages and Spanish.

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 Russian Jack Park neighborhood in Anchorage, AK, residents most commonly identify their ethnicity or ancestry as German (15.5%). There are also a number of people of Asian ancestry (15.4%), and residents who report Native American roots (12.4%), and some of the residents are also of Irish ancestry (11.0%), along with some English ancestry residents (5.8%), among others. In addition, 18.7% of the residents of this neighborhood were born in another country.

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 Russian Jack Park neighborhood spend under 15 minutes commuting one-way to work (46.2% of working residents), one of the shortest commutes across America.

Here most residents (73.2%) 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 (22.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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